Topic Finance

News & Stories

Sustainable financing: Green bonds approaching the hotel industry
50 Shades of Green
21.10.2021

Munich. Green bonds are slowly becoming the stars of climate financing. And now they have arrived in the hotel industry. The British hotel group Whitbread has issued green bonds with a value of 550 million pounds. Premier Inn in Germany has also profited from this move. Aareal Bank is now offering a green loan to Cerberus and Highgate for the refinancing of the Dorsett City London hotel. What is behind the green bond euphoria?

Austria's tax reform is no win for the hotel industry
14.10.2021

Vienna. The conservative-green government in Vienna has laid the cornerstones for its tax reform 2022. The tourism minister calls this a win for the industry, but the hotel industry is criticising the reform, especially when it comes to labour costs.

The new constellations at Accor, Ennismore and 25hours
7.10.2021

Paris/London. Since September, Accor has been the main shareholder of Ennismore London and thus officially has its own lifestyle hotel division, which has already proven to be a cash cow in the pandemic. Fully integrated now is 25hours Hotels. The changes.

IHG, Orascom, Aroundtown: Waiting for the upswing
26.8.2021

Wiesbaden. In the second quarter, demand in the hotel industry increased again, but overall, the results of the first half of the year at IHG, Orascom and Aroundtown hotels are still downbeat compared to the pre-Corona era.

MHP on the way to becoming a capital partner
5.8.2021

Munich. Munich Hotel Partners has acquired the future Marriott Hotel Basel together with the US private equity firm H.I.G. Capital and will operate it. It is the first step towards further co-investments.

Corona aid: It could be enough to survive
1.7.2021

Berlin. Those who were able to bridge the long cash pause on their accounts and then got the sums that were calculated will now - presumably - survive. Bridging Aid III Plus can now be applied for anew in Germany. Solutions Holding, Deutsche Hospitality, RIMC, Motel One and HRG Hotels comment on the status.

Insolvencies: No tsunami in sight
24.6.2021

Neuss. The big pandemic-related wave of company insolvencies in Germany continues to be absent. Nevertheless, there are negative trends that could only become noticeable at the end of the year or New Year. But two hospitality lawyers do not see a wave or a tsunami. 

Switzerland: Hardship ordinance shifted to cantons
24.6.2021

Bern. Further aid for the Swiss hotel industry has been initiated: The Swiss Federal Council has adapted the Hardship Regulation. As of tomorrow, there will be further travel facilitations and relaxations.

Germany: Extended and increased state aid does not help everyone
10.6.2021

Berlin. The German government will extend economic aid for particularly hard-hit companies until the end of September. Not every tourism association is happy with this. Larger hotel groups are likely to be relieved. Basically, however, the existential need remains severe. Dehoga Managing Director Ingrid Hartges comments to us on what has been achieved.

Germany and Switzerland in the struggle for extended Corona Aid
27.5.2021

Berlin/Bern. The German government apparently wants to extend its corona aid until at least autumn, including the short-time allowance. Switzerland also plans to extend it, but no further subsidies. HotellerieSuisse takes a critical view on this.

Stock Exchange

Financial Results

Increased hotel revenue, negative result

Warimpex H1 2024: Hotel revenues are growing, but the challenging environment on the property market is having a fundamentally negative impact on property valuations.

Hotel division remains stable

Aroundtown H1 2024 Solid results and an improvement in market sentiment lead to an increase in the forecast for the first half of 2024.

Moving from 10,000 to 20,000 hotels

H World Group Q2 and Interim 2024 Unaudited Financial Results: The Group and Legacy-Huazhu has achieved a remarkable 10,000-hotel milestone during the second quarter of 2024 and is ready to scale new heights, moving from 10,000+ hotels in over 1,000 cities to 20,000+ hotels in over 2,000 cities. In the second quarter of 2024, the Group was opening 567 new hotels in China.

Strong despite challenging market environment

TUI Q3 2024: TUI Group again records double-digit growth in underlying EBIT in Q3 and confirms outlook for financial year 2024.

Stable but facing challenges

Orascom Q2 and HY1 2024: During 1H 2024, ODH (Orascom Development Holding) demonstrated robust operational and financial performance, navigating a challenging landscape marked by the ongoing conflict in Gaza, geopolitical tensions in the Middle East, and economic instability. 

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