Topic Finance

News & Stories

Corona crisis significantly changes investment strategies
10.9.2020

Hamburg. The corona crisis has led to a significant change in the investment strategy of institutional property investors. "Less risk, lower return" is the motto of the day. Climate-friendly investments are picking up speed.

Six hotel groups assess "supporting measures" from their point of view
Save yourself if you can
9.7.2020

Wiesbaden. Another setback for the German hotel industry: The government is not prolonging the three-month protection for tenants who are unable to pay their rent because of the corona crisis. This keeps the uncertainty of survival at a high level. The only real help has been the short-time allowance, everything else is missing its target – for various reasons. hospitalityInside.com asked hotel groups and franchisees to assess the measures taken so far. H-Hotels, Deutsche Hospitality, Motel One, Vienna House, SV Group and Bierwirth & Kluth answered.

What is the current state of play? Hotour boss Martina Fidlschuster answers
Bridging loan: The countdown has begun
25.6.2020

Frankfurt/M. At the end of next week, the German parliament will retire for the summer recess. By the time it returns at the end of August, the hotel scene in Germany may well be very different – If further bridging assistance for the medium-sized hotel groups is not provided. Discussions in the industry are becoming quieter, not louder. Martina Fidlschuster, Managing Director of Hotour Hotel Consulting, once again soberly sets out the current state of play. She coolly shows why hotels will systematically drift towards insolvency in the continued absence of help. The numbers are the silent cry – a cry aimed at politicians.

Open-ended real estate funds weigh duties and profitability
For investors or against hotel operators?
18.6.2020

Munich. Empty hotels, closed restaurants. The corona lockdown hit the hotel industry hard. Despite the easing of the restrictions, businesses are still not earning any money, yet costs continue to weigh heavily. The core issue remains rents/leases, or more specifically their deferral or reduction. Operators seeking accommodation on this from their landlords will sooner or later also touch upon investors in open-ended real estate funds. The funds therefore face a dilemma. On the one hand, they want to keep their tenants, but by law they are also obliged to protect their investors. This balancing act is almost impossible to achieve, as Covid-19 is already having a noticeable impact on the profitability and risks of the fund portfolios.

At a glance: Italian emergency measures may not work all
11.6.2020

Rome. During the Covid-19 crisis, Italian institutions approved three different emergency decrees. All of them are currently fully applicable, only one has paragraphs explicitly dedicated to tourism and hotels. A review with advantages and risks. The hotel associations comment.

New economic stimulus package disappoints German tourism industry
4.6.2020

Berlin. The amounts are too small, the durations too short: this is the criticism of the German tourism industry and the Dehoga Bundesverband on the 120 billion euro economic stimulus package which the German government passed on Wednesday.

Number of rooms influences enterprise value
7.5.2020

Paris. The pace of growth of Asian hotel groups has increased enormously in recent years. Five of the 15 largest hotel groups by number of rooms now come from China, but other Asian countries have also made the leap into the top 20. What effects does all this have on EBITDA and the corporate values of the big players?

The rent burden in the corona crisis: ZIA and experts rethink exit models
On the safe side with cash pools and the state?
7.5.2020

Berlin. As of this Tuesday, the German hotel and restaurant industry began its gradual reopening. The exit will take place in stage until the end of May. Yet two core problems remain: rental costs and the broad plans for support loans that are still not reaching the industry. Mass insolvencies seem inevitable. As regards rents, the Central Real Estate Committee, Germany's largest real estate trade association, supported Dehoga and submitted a proposal to German government outlining a possible solution. Asset expert Theodor Kubak of Arbireo Capital AG is working on further ways to be able to share the rent burden more equitably.

Where is the bailout fund?
7.5.2020

Berlin. Five weeks ago, the German Minister for Economic Affairs, Peter Altmaier, announced that another emergency rescue fund would be set up for the hospitality sector.

Germany: Financial drama continues
9.4.2020

Berlin. As much as German hoteliers and the associations have so far been pleased about the German government's quick financing decisions after Corona, they are annoyed that politicians do not want to understand how hotels are financed. The anger about the KfW conditions is great. A wave of bankruptcies is approaching. The industry is currently losing around 750 million euros in turnover every week.

Stock Exchange

Share price performance of the week 23/09/2021 - 29/09/2021

HI+Share price performance of the week 23/09/2021 - 29/09/2021

                       Changes compared to the previous week in %.

Source: Reuters

powered by HVS EMEA Enews

Financial Results

HI+TUI satisfied with 2019, but cautious

Hanover. The TUI Group closed its 2019 financial year with an annual result of 893 million euro. This is mainly dampened by the continuing flight ban on the Boeing 737 Max. The core business with hotels, cruises and activities is growing significantly, the conversion to a digital company is underway and medium-term forecasts are favorable, not least due to the Thomas Cook insolvency.

HI+IHG, Marriott, Motel One, NH, Orascom: Positive in H1 2019

Augsburg. Immense additions to rooms and a large number of new contracts have pushed the business of IHG, Marriott, Motel One, NH and Orascom in the first half of the year.

HI+Accor, HNA, Hyatt, Radisson, Starhotels: Mixed results

Wiesbaden. More international hotel groups have published their half-year and quarterly results. The growth rates vary considerably. Today: Accor, HNA, Hyatt, Radisson and Starhotels.

HI+Hapimag, Hilton, Scandic: 2019 started well

Wiesbaden. More hotel companies reported the results for Q2 and the first half of 2019 and all signal a positive trend for the year as a whole. Today: Hapimag, Hilton and Scandic.

HI+Novum with figures 2018: niu remains the driver

Hamburg. Yesterday Novum Hospitality published its preliminary figures for the financial year 2018. Following the opening of 14 hotels, GOP and EBITDA rose significantly.

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