News & Stories

Berlin. "The hospitality industry is in the seventh month of the second lockdown. Many of our businesses are at the end of their tether - financially, psychologically, emotionally," said Dehoga President Guido Zöllick, presenting figures on the lack of aid and impending insolvencies.

Munich. Criticism of politics, historic minus figures in the balance sheet and cautious expansion plans characterised Motel One's press conference on Wednesday. Founder and CEO Dieter Müller will hand over to a new board team in May.

Berlin. As recently as October 2020, the co-living provider Quarters wanted to expand big, but on 15 January 2021 it filed for insolvency in the USA and terminated its leases.

Berlin. The Bridging Aid III support has not been the saviour that large affiliated companies were expecting. In Germany, as well as in Austria, new questions repeatedly crop up. It remains complex and the limitations continue to mean inadequate compensation.

Augsburg. Owner Invesco has found a new operator for the former insolvent hotel portfolio of Event Hotels/Tidal Operations. The Star Inn hotels are less fortunate and have to close.

London. The "UK Hotel Lending Report 2020" reports for the first time on the hotel investment and lending market in the UK. At the end of 2019, it was still worth around 135 billion pounds.

San Francisco. Last week, Airbnb shared its first earnings report since last December when the company went public and raised 3.5 billion dollars valuing it at more than 100 billion dollars. It was not a surprise that the company reported a declining revenue and a whopping 3.9 billion-dollar loss. A good space for Booking.com to step in and remind the public of being even more powerful.

Frankfurt. Uncertainty is severely affecting investor activity in the global hospitality industry in 2020. Transactions slumped by 60%. Private equity catches up. Future real estate needs clear profiles.

London/Frankfurt. Millions from British Green Bonds are to help Whitbread to continue its expansion and to make the hotels - especially in Germany - "greener".

Berlin. At the end of February, hotels and restaurants will have been closed for six months including the first lockdown. Regarding the third bridging assistance, the EU no longer imposed a cap, but Germany put it on again. This is a scandal. The current figures, facts and demands.