News & Stories

Insolvency administrators are currently operating in high season. Germany is entering its third year of recession. The negative spiral continues to drag down restaurants, but now also medium-sized hotel groups. Almost all of them file for insolvency under debtor-in-possession management. But how does this work? How do insolvency administrators work and think? An interview with the specialist Dr. Florian Harig from the law firm Anchor, based in Hanover, and the experienced insolvency communicator Alexander Görbing.

Lindner Hotels AG filed for insolvency under self-administration this week. It concerns 13 of 41 hotels, which are apparently buckling under the weight of rents and costs. Nevertheless, many questions remain unanswered.

The coronavirus pandemic, inflation and price increases have put Achat Hotels and its subsidiary Loginn Hotels under massive pressure. The group has now filed for insolvency under self-administration.

The investor Aroundtown wants to push digitalisation with its own new platform, hologram boxes and an incubator, offer hospitality services in all properties and connect tenants and guests.

There are many ways for hotel groups to attract investors: through further acquisitions, through funds, through REITs that have grown over decades or, alternatively, through crowdfunding. The CEOs of the HR Group, FTMG (Falkensteiner), Dusit International and Engel & Völkers Hotel Consulting spoke about financing models at Expo Real. 

Hotel property is becoming an investment alternative to conventional asset classes. Findings from a recent study on the yield potential of the German property markets.

In Germany, the hotel asset class is back again. However, it has also been suffering from the common real estate slump. And other markets in Europe are still delivering better KPIs. CBRE Deutschland, the Acron Group, Arbireo Hospitality Invest, Commerz Real, and Magna Asset Management discussed current market figures, trends, and obstacles.

International property experts are still particularly negative about the prospects for offices in secondary locations and retail in many markets. Hotels, on the other hand, are seen as a beacon of hope. A sentiment index confirms this. 

With a total turnover of 416.9 million euros for the 2023 financial year, Novum Hospitality has set another operating record. The cooperation with IHG is set to take things even further uphill. 

The Italian hospitality real estate market has long been characterised by a strong presence of investors with value-add and opportunistic approaches. Last year, domestic owner-operators generated a strong return of transaction volumes. Now the large capital companies are back – with plenty of money in their wallets and open to all types of hotels.