HI+

Destinations, Drama and Digitisation

21.3.2019

Dear Insiders,
Deals get prepared at MIPIM in Cannes, at Expo Real Munich, they are made. This is perhaps the best way to differentiate between the two international real estate fairs. But you can't describe MIPIM very well. You've got to experience it. The familiar image of the "beach party" is correct, but it's not everything. I personally didn't take much from Cannes, our MIPIM-experienced real estate specialist, Beatrix Boutonnet, took more. That's why she wrote the article and I added the "newcomer" commentary.
No commentary is required when it comes to the decline of Trump Hotels. Macy Marvel lists which hotel is no longer a Trump Hotel, and for what reason, which of Trump's golf courses are losing money, and why the property in Washington D.C. is the only blossom in this de-flagging drama. Even their own brands have placed Donald's sons, the hotel makers, on the back burner. And who is to blame for all this? The Democrats and fake media, of course!
Florian Werner, head of the famous Arlberg 1800 Resort in Austria, surely doesn’t have much time for golfing and twittering. However, his new idea deserves serious consideration. With A3 Tourism Pearls AG, he wants to build a bridge to retreat for family businesses lacking a successor: they entrust management to professionals, but still retain their influence on the property.
Lateral thinking is the order of the day. That's why disruptors like Oyo immediately stand out. At IHIF, STR London depicted the chains' catch-up chase with respect to independent hotels. This week, Airbnb already talked about its appetite for the start-up from India: after only six years on the market, Oyo, the technology company with operator expertise, has moved up and ranks 8th among the world's largest hotel chains.
Chains are also gaining ground in Italy, but some independent companies are holding their own thanks to several successful years. In Germany, despite the 9th boom year in a row, not all of the top destinations have the same radiance. Wyndham Hotels is focusing on the EMEA region and noticeably expanding its presence.
This and more in today's issue, which we round off with a nice video of our 1st HITT Breakfast in Berlin two weeks ago. Between the end of IHIF and the start of ITB, 70 guests found their way to our networking premiere with a keynote by Yaning Liu, Diaoyutai MGM Hospitality, China. After all, it's all about digitisation, which we'd like to keep on everyone's lips via such events.
Further in-depth discussions will follow in Berlin on our seminar ship on May 19/20. Today, we present the details of the supporting programme. The first batch of registrations have come in, but there are still vacant slots. Exchange ideas with top-class colleagues and experts, learn from others, understand digitisation as a value creator. You can find the video and further details on our page 1.

Yours, Maria Pütz-Willems, Editor in Chief

Your opinion? maria[at]hospitalityInside.com

Follow us on LinkedIn / The Think Tank www.hitt.world

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