The industry in the stress mix

Dear Insider,

Let's begin today with Germany - no, not with politics. That’s just not worth it (anymore) anyway. Though certainly, our irresponsible politicians in Berlin could learn a lot from risk-taking hotel entrepreneurs, from their visions, their passion and the platforms with which they will grow. Ruslan Husry wants to make his HR Group "too big to fail". That is why he wants to complete the takeover of two hotel groups this year - and more will follow. One of these is H-Hotels with over 60 hotels. As reported in Breaking News yesterday evening, they've fired their CEO Thomas Haas. Why? That is not clear.

Before we found out about this personnel matter, I had a conversation with Ruslan Husry, who buys small and medium-sized hotel groups at high speed. We got caught up in the rumours about his financial strength - today though, his answers are very clear. He is massively expanding and converting HRG and will now quickly grow from over 200 to almost 300 hotels.

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Balancing act between global chaos and booming markets

8.11.2024

Dear Insider,

While Donald Trump and Kamala Harris faced off in the USA for the final election campaign battle, delegates from 200 countries met in Colombia for the 16th World Nature Conference under the motto "Peace with Nature". For two weeks, they sought to protect biodiversity as the basis of human existence. When it came to financing, the conference failed. And biodiversity continues to shrink.

Trump's victory has been certain since Wednesday. This does not bode well for peace with nature and, above all, for world peace. And the outlook for the US hotel industry isn’t good either. According to our author Macy Marvel, it will suffer further cost explosions and probably lose lower-ranking employees. Conversely, Europe's tourism industry will benefit from the US turnaround. We have summarised initial reactions.

And the week brought even more political chaos: The collapse of the German government on Wednesday evening will further weaken the country's economic power. Tourism too? The US election also makes it clear: Europeans must act now. Also in the hotel industry, also in tourism. And above all, investors/operators and related stakeholders must join forces. The new event "Hotels Tomorrow" (HOT) hits the nail right on the head with its European focus (17/18 February 2025 in Paris; update on our page 1).