The unexpected, the new path to success
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Disruption is here: a model for liberation from the OTAs
Dear Insider,
Brace, relax, profit and protest, share and pay back... These are the opposing pairs of words in our top stories today, in which contradictions form a new image. Developers and brokers in Germany are praying for growing transaction volumes, yet hotel financing simply remains difficult. Investors (Art-Invest, Union Investment), consultants (Hotour, Select Hotel) and banks (BNP Paribas) with their feet on the ground do not deny this today. But they, too, look with sorrow at other EU countries where access to credit is so much easier and yields are really taking off.
Things have been boiling over again in Mallorca this week. "Stay home", demanded seven environmental organisations and anti-tourism associations in an incendiary letter to tourists, the perpetrators of overtourism. The pressure in the public opinion cauldron is rising, yet our interviewees remain cool but critical: Arabella Hospitality Espana CEO Francisco Vila, Managing Director Björn Spaude from Castell Son Claret, Rolf Seelige-Steinhoff from Bahia del Sol and the Mallorcan hotel association FEHM make it clear that the protests are not representative, that much is politicised and that growth generates positive synergy effects.