Dear Insiders,
Hotel operators and developers evaluate markets and locations in Germany quite differently. This was a result of the most recent study of ZIA/German Property Federation and Deloitte, which is only based on the information provided by 26 directors and CEOs. A clever PR move by the ZIA. Nevertheless, the individual aspects are interesting.
Providers of serviced apartments see their perspective very positively. Businesses like Accor/Adagio, Adina, Citadines, Derag or Marriott/Residence Inn, which have one or several properties in Germany, operate well and do not have to fear any competition in the near future. Therefore, in the pleasant atmosphere of the 4th "Serviced Apartment Camp" in Bonn last week the chains talked amiably for three hours and promised to define the lowest common denominator.
Hartwig Bohne, our new editorial expert for Human Resources, provided a summary of the discussion about minimum wages at the 4th "Hospitality Symposium" at Heilbronn University. There, the majority was in favour of 8.50 euros per hour. The news on the subject of the newest "wages mirror" in the industry is appropriate here, but in a negative context of course.
Relais & Châteaux elected a new President, Union Investment is looking for smaller hotels for its Germany fund, and Ecole hotelière de Lausanne took over 75 percent of the stock capital of the Swiss School of Tourism and Hospitality yesterday. In doing so, the Schoerghuber family from Munich parted with one of the last remains of the old hotel operating group Arabella/ArabellaStarwood.
Finally, we are promoting ourselves today and letting pictures tell a story in a video. Impressions from the trade show, opinions of readers, and statements about the future development. You'll find the video about the "hospitalityInside story" on page 1. Just activate it via Start!
Last but not least, an announcement: next week, we are starting a cooperation with the Union Investment, the so-called "hospitalityINSIDE Investment BAROMETER" – and everybody can participate. At the beginning of next week, our registered users will obtain a personal invitation to participate. Those who are not yet registered will then be able to register for the participation in the barometer on our website. - The full editorial …
