Topic Finance

News & Stories

Ruby Hotels: With the Otto family to the USA
14.11.2019

Munich/Hamburg. Ruby Hotels gains a new, renowned shareholder: the family office of Alexander Otto, who is also CEO of the Europe-wide project developer ECE. Together, they intend to make the move into the US-American market.

SoReal Invest relies on B and C locations: Stay realistic!
Hotel investor with heart and soul
7.11.2019

Lisbon. The crisis discussions that have flared up in the industry again do not trouble Josef Brandhuber at all. He is a sustainable investor and does not let himself be manipulated by panic-mongering, says the Managing Partner of SoReal Invest GmbH from Munich. This also goes for the hotel business. With its new hotel funds concept, presented in May this year, the company wants to move into B and C locations preferably. So far, this has not often been the case.

Banks to tighten credit checks
17.10.2019

Munich. More and more banks are expecting the economic development to deteriorate and are responding with more restrictive lending. In addition, they fear stronger competition from tech and digital companies such as Google, Amazon & Co.

Germany: All asset classes perform well, despite challenges
2.10.2019

Hamburg. Increasing political regulation and further slowdown in economic performance in Germany are having only a limited impact on sentiment in the investment market. This market is apparently bucking the trend, driven by low interest rates and high volumes of available capital and defying the increasing challenges.

C-cities don't quite manage to convince everyone
2.10.2019

Hamburg. Hotel operators and investors continue to view the mood on the German hotel real estate market positively. However, an ever increasing scarcity of supply has resulted in a further shift of investment activity within the various city categories. Investors remain sceptical about C-locations.

ROI declines across all assets, but hotel investors continue to pay
There are no more turbo yields
19.9.2019

Munich. In many cities and asset classes, real estate has long been overpriced. In locations with lower prices, the risk is often higher because prospects are more difficult to assess. All the same, concrete gold remains the favoured choice for an investor. They are even prepared to accept ever lower yields – even in the hotel sector. Here, the average yield fell to 3.2%. Yet investors and operators remain undeterred. This could all end in tears. A hot topic before Expo Real.

Funds test: No great performers
29.8.2019

Berlin. The German magazine Finanztest gives closed-end alternative investment funds mixed scores. Providers criticise the approach.

SoReal Invest: New open hotel fund starting with five projects
9.5.2019

Vienna. Hotel properties are increasingly in the focus of private and especially institutional investors. Currently, SoReal Invest is creating a new hotel fund, which is designed as an open and specialized AIF fund. Five projects are already named.

BVK establishes first hotel fund with partner GBI
11.4.2019

Berlin/Munich. The Bayerische Versorgungskammer, a big pension fund has established a hotel fund. In the first stage, it will receive EUR 500 million in capital. Partner is the Berlin project developer GBI AG who will in future select the hotels in Germany, Austria and Switzerland as well as their operators for BVK.

Fattal enters travel technology
28.3.2019

Tel Aviv. The Fattal Group and Spring Ventures founded the business Journey Ventures together, an investment fund for technology companies from the hotel and tourism sectors.

Stock Exchange

Share price performance of the week 03/06/2021 - 09/06/2021

HI+Share price performance of the week 03/06/2021 - 09/06/2021

                       Changes compared to the previous week in %.

Source: Reuters

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Financial Results

HI+Very strong growth at Orascom in 2018

Altdorf. Orascom Development can look back on a successful 2018 financial year. The Group's hotels recorded a 32 percent increase in profits, while revenue grew by 19 percent. The success of the real estate sector with an impressive 59 percent increase in revenue exceeded the company's expectations.

HI+Hyatt, Maritim, Motel One 2018: Overall happy

Wiesbaden. Hyatt, Maritim and Motel One are also satisfied with the course of business in 2018. At Hyatt, adjusted EBITDA decreased due to significant transaction activity. Maritim reports revenues of 15 million euros compared to 2017. Motel One remains focused on expansion.

HI+Belmond, NH, Marriott, Radisson 2018: Openings, merger, delisting

Wiesbaden. Openings, a merger and improved results: More hotel chains have reported their 2018 financial statements, giving insights to their future strategy. Today: Belmond, NH, Marriott and Radisson. The latter will be delisted soon.

HI+Accor, Hilton, Hyatt, IHG, Scandic, Wyndham: Solid results in 2018

Wiesbaden. Over the past few days, several major international hotel groups have published their annual results 2018. Proudly, everybody looks to the future with optimism. Today: Accor, Hilton, Hyatt, IHG, Scandic, Wyndham.

HI+NH and Barceló with top results, h.n.h. weaker

Madrid. At FITUR in Madrid, Ramón Aragonés, CEO of NH Hotel Group, reported a positive balance for 2018 and gave a promising outlook for 2019. Also Barceló Hotel Group presented its results 2018 at the fair. CEO Raúl González reported that the growth rate exceeded the one of the last years. In contrast, Italian h.n.h. Hotels suffered from their limited inventory.

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