Fact check at the Expo Real

Fact check at the Expo Real

Maria Pütz-Willems

Dear Insider,

As of Monday, many of us will be at Expo Real in Munich. What will the mood be like this time? Seven halls will be full, the trade fair reports. But how many visitors will come? The number of tickets sold will also say something about the market; despite the crisis, the trade fair has pushed ticket prices above the €800 mark. This reminds me of the poker-happy hoteliers who have increased overnight stays by another 10% or more. 

Of all the asset classes, only the hotel industry is robust and can smile even more often. In this respect, the Expo Real hotel conference will have a relatively large number of positive things to report. The number of panels on Monday (Forum in Hall A1) has increased to six at the last minute: The Hospitality Industry Dialogue will therefore begin at 11 a.m. with an update on Serviced Apartments. You can find the complete programme on our Expo Real page. 

You can already give your opinion on the sentiment on the transaction market in our Investment BAROMETER. Our survey, supported by Union Investment, is conducted every year at Expo Real. This way please! Thank you for the click.  

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Sweet brands and markets

Sweet brands and markets

26.9.2024

Dear Insider,

The small ones are the sweetest. This is the title of our article on the current flood of conversions and takeovers. The chains continue to grow as they take over boutique hotels and smaller groups. At the same time, they are softening their chain standards and delighting investors afresh. Susanne Stauss interviewed Accor, Hyatt and IHG. Marriott spoke plainly at the Hogan Lovells Hotel Day in Berlin last week and real estate specialist René Schappner comments on the brand development.

The global travel market is stabilising, with Europe as the driving force. Travellers are even spending more again, says a comprehensive report based on an analysis of 14 brands. The OTAs are also taking their slice of the cake though. Sarah Douag provides a summary.

The crisis has also made OYO hungry again. The Indian "copy" of Airbnb, still with founder Ritesh Agarwal at the helm, has suddenly re-emerged after four years of pandemic pain and has now acquired 320 Motel 6 hotels in the United States. By 2025, Ritesh wants to have tripled his profit. Once again he is aiming for an IPO. Let’s wait and see. In any case, our colleague Sarah is back on the OYO trail.

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