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Source: Reuters powered by HVS EMEA Enews  

Augsburg. Georg Rafael is grinding his teeth. For two hours, the major German entrepreneur has been listening to the panel discussions at a hotel conference in Italy, "and the word hosting hasn't been mentioned once," criticises the hotelier. "It is all about managing, real estate and financing." Rafael was right, and his remark hit and hits the nail on the head with regard to the biggest change within the hospitality industry: the pulsating hotels have mutated and become a calculated product. Maria Puetz-Willem, Editor in Chief of hospitalityInside.com, with some notes about the trends in the industry.

Vienna. Strong international demand and next to no supply - this is the current situation in Eastern Europe and, at the same time, it points out the chances. There are hardly any inside tips anymore, and the period of bargain deals is over as well, says Michael Widmann, Managing Director of PKF hotelexperts in Vienna.