News & Stories
How have the multiple crises of recent years changed investment behaviour in the hotel property sector? Positively: Banks are continuing to provide finance to hotels, remain cautiously optimistic, but are demanding even greater transparency from everyone. This is true both for individual investments as well as mixed-use leisure projects.
Fletcher Hotels, the largest hotel group in the Netherlands by room count, has passed into foreign hands. Sunday PropTech, an Indian hotel ownership and asset management company in which Prism - the group behind the OYO platform - is one of several shareholders, will acquire 100% of the 170-hotel chain from Egeria and the Fletcher management.
How do owners and operators allocate funds, risks and obligations? What does asset management look like in times of volatility? That struck a chord with the Expo Real audience at the Hotel Forum. The lease agreement should be made more flexible; HMAs are gradually being welcomed. The industry is facing its own test of transparency.
The wave of insolvencies in the German hotel sector is rolling forward. In mid-August, the controversy spread to another part of the large Lindner business family, specifically 12.18. Investment Management GmbH. The main investor, the Pension Fund of the Berlin-Brandenburg Dental Association (VZB), has expressed criticism. 12.18. disputes this.
Fattal Hotel Group has walked away from its £ 920.9 million (€ 1.08 billion) cash offer for PPHE Hotel Group following fierce opposition from the company's largest shareholder. Shares in the London-listed, Amsterdam-headquartered hotel operator plummeted nearly 19% on June 19, 2026, and dropped another 8% on July 1. PPHE terminated its strategic review with no deliverable bid on the table.
On Monday, Mubadala Capital, Abu Dhabi's sovereign wealth fund investment arm, launched a fully financed buyout offer for Pierre & Vacances-Center Parcs (PVCP), one of the Europe’s biggest providers of holiday accommodation, which values the group at 1 - 1.1 billion euros.
The rise in insolvencies in Germany continued into the first half of 2026. The service sector, including the hotel and catering industries, remains particularly hard hit. Lenders should expect an increase in defaults.
German Volksbanken's bad bank took on a record amount of non-performing loans in 2025. This safeguard system is working. It could also help the German hotel industry in these worrying times.
Deka Immobilien no longer wishes to discuss the 23 million euros in rent arrears owed by the (former) operator, Sircle Group – headed by Liran Wizman. This week, it introduced an unnamed, tourism-focused operator from Turkey. Wizman is nevertheless permitted to continue running the W restaurants. Deka Immobilien did not provide any explanation for this.
Insolvencies in Germany are on the rise: the catering, hospitality and property sectors are particularly hard hit. The record figures are hitting the federal states of Berlin and Bavaria especially hard.
