Conversions as a saviour in hard times
Whether office or warehouse: Location and concept are decisive
Autor

Fred Fettner
is a profound expert on Austrian tourism. He writes books, travel stories, ski guides and a quarterly. The ski enthusiast's favourite travel destination is the Far East.
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The small ones are the sweetest
Hotel investments, particularly in Germany, have come to a standstill. New buildings are rare, but operators are growing by creating soft brands and through conversions. All existing properties. Accor, Hyatt, IHG and Marriott report. Expert René Schappner comments.