Topic Finance

News & Stories

European Commission fines Meliá
27.2.2020

Brussels. Spanish hotel group Meliá has to pay 6.67 million euros for including restrictive clauses in its agreements with tour operators to the European Commission.

Most hotels in Europe see third year of value rise
27.2.2020

London. Hotel values across Europe gained a further 3% last year according to the annual "European Hotel Valuation Index", marking the third year of increase for Europe's hotel sector.

New forms of living have become a competition for the classical hotel industry
Shifting of investors' funds
13.2.2020

Wiesbaden. The demographic change and the still unabated general desire to travel have considerably reduced the investors' shyness when it comes to operator-run properties such as hotels, nursing homes and serviced apartments in Germany in the last few years. Micro apartments are also booming, which are partly allocated to the housing market. But which of these real estate types are favoured the most by investors at the moment and why? hospitalityInside.com did some research.

What international investors keeps away from Italy: Insights from the first ITHIC
It is the old legal framework
28.11.2019

Rimini. There are plenty of opportunities around the corner now: Hotel real estate transactions in Italy reached the expected 2-billion-euro threshold in the first half of 2019, representing 42% of the overall transaction value in the real estate market. The appetite for hotel assets is still strong but investors continue to shy away from Italy. It's not the country's bad legal reputation but the specific old-fashioned legal framework behind the lease and management contracts. Experts talk about their concerns, legal experts explain the backgrounds.

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.

Stock Exchange

Share price performance of the week 22/07/2021 -28/07/2021

HI+Share price performance of the week 22/07/2021 -28/07/2021

                       Changes compared to the previous week in %.

Source: Reuters

powered by HVS EMEA Enews

Financial Results

HI+Hyatt, Marriott, Scandic: Results 2020 show the complete disaster

Wiesbaden. The first international hotel chains published their 2020 annual financial statements, in which Corona leaves deep marks. Drastic declines in revenue and profits are also clashing with increased capacity. Nevertheless, most CEOs are confident that they have at least bottomed out.

HI+Q3: Chains only recover in waves

Wiesbaden. Hyatt, Motel One, IHG, Scandic and Wyndham published their devastating Q3 figures. Particularly in Europe, with its constantly new and changing travel restrictions, there is still little light on the horizon; in other regions, things are looking a little better in some cases. But giving up is not an option for anyone.

HI+Choice, IHG, Marriott, Radisson, Wyndham: Continue saving after Q2, reduce staff

Augsburg. Choice Hotels is quite satisfied with its results for the 2nd quarter 2020: The group performed better than the industry average, she says. IHG is also relying on returning travellers from the USA, but has nevertheless decided to reduce staff. In order to cut costs, Marriott has initiated delisting from the Chicago Stock Exchange. Radisson Hospitality and Wyndham are also struggling with significantly declining figures, but remain optimistic.

HI+Accor, Hyatt, Motel One, NH: The corona crisis in figures

Munich. Corona leaves deep financial wounds just four months after its arrival in Europe. The virus has stopped the success story of Motel One and has caused a million-dollar shortfall just as Accor has caused a billion-dollar shortfall. Hyatt and NH are also suffering.

HI+Motel One: Short-time work after a record year

Munich. After an excellent year 2019, Motel One has already started into 2020 with concern. Due to current developments caused by the coronavirus, the company is now not only adjusting costs but has also started short-time working.

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