HI+

Flashes, brakes, and visions

1.9.2022

Dear Insiders,

Today, our meeting floor was exclusively occupied by hotel operators, said a lawyer this week en passant: Consolidations are the only thing being negotiated. This was confirmed by the four specialised solicitors we questioned afterwards. They clearly see the emergence of an explosive cocktail. Primarily affected will probably be fair hotels, upscale hotels and small operators. And just like during the corona crisis, there are flashes of disagreement between landlords and tenants, this time caused by the heating obligation, amongst others.

The heated crisis situation is not easy on anyone. But Rob Hornman, CEO of Flemings Hotels from Frankfurt, remains calm. Because the group has consequently relied on "the private" factor. In addition, new F&B concepts are already improving the turnover. Last summer, the group gave up four hotels "proactively" and has been gaining strength since then. By 2026, it wants to double its portfolio. And also operate foreign properties under a white label.

Those who know Frankfurt well will keep a close eye on Flemings: The bank metropolis still remains a tough ground in the third corona year. But sometimes, courage gets rewarded, just like it did for Samih Sawiris in Switzerland. His vision to transform the dead Uri Valley around Andermatt into a flourishing holiday paradise, proved successful. Now, he is transferring the destination resort concept to the next valley and into the neighbouring Canton of Grisons, where the population is migrating as well. Experts are regarding the projects much more positively now. In the meantime, Sawiris has already invested over one billion Swiss francs in Andermatt.

No less than two extensive reports today deal with the data and digital technologies without which neither climate targets can be reached nor real estate operated in an economically viable way. What is positive about them is that the companies clearly affirm the transformation process, but both data quality and data silos act as brakes.

In our Sustainability News section, we talk about positive developments regarding sustainability. In Switzerland, a newly founded energy alliance is trying to help hotels. The hotel association is among the founding members.

HolidayCheck exposed itself as superficial. An analysis of its hotel evaluations reflected the increasing lack of service. When hospitalityInside asked for details, the company refused to answer. Our evaluation for this: zero stars, thumbs down!

Staffing news and our mixed news on the hotel market make this issue complete once more.

We wish you a week full of positive news!
Yours, Maria Pütz-Willems

editor-in-chief

Your opinion? editor@hospitalityInside.com

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