Hospitality at the high, the low, in the data lake and in brand models

Dear Insider,

Transaction figures in the hotel industry in Germany were still at a low in the first half of 2024, but compared to the other asset classes, the tender movements observed in the hospitality segment are already starting to look like a veritable rally. This makes the official news of Reiner Nittka's departure all the more sobering. According to insiders, Henderson Park, the new GBI owner, has gradually let him go. The highly respected industry professional was very well connected, and after 23 years his successors have some big shoes to fill.

Let's stay with the persistent high in the sector: Minor CEO Dillip Rajakarier keeps his foot on the accelerator. He has handled 30 hotel takeovers and rebrandings in the last 18 months. The Spanish NH brands are already celebrating various premiers in Asia and the Thai brands Ananatara and Avani are flying their flags in Europe. For the first time, Dillip is now thinking about soft brands; he only has seven.

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From the ultra-luxury Schloss Fuschl to the little tower hotel

5.7.2024

Dear Insider,

The best first: On Monday, 100 guests celebrated the opening of Rosewood Schloss Fuschl in Salzburger Land, majestically enthroned above Lake Fuschl. Almost every one of the 98 rooms has a lake view, and 245 of the planned 270 employees are already in their posts and looking after the guests. With this, the ultra-luxury operator from Hong Kong takes the Munich-based Schörghuber Group and Arabella Hospitality together with it on its journey into the international resort business. And from now on, the Schloss will take locals on a trip to the new Sea Club, right on the lake. It is to become "the Saint Tropez on Lake Fuschl".

"We are collectively in love [with this hotel]," CEO Florian Schörghuber said, describing the special magic of this place. His mother Alexandra and Rosewood President Radha Arora already seemed like good friends. After some less fortunate years, Fuschl is now embarking on a new success story. I brought you the details and my own inspiring photos.