Topic Finance

News & Stories

Blockchain and tokens allow new hotel investors to enter the market
Automated financing
27.5.2021

Vienna. Following the pandemic, the Austrian hotel industry, and in particular the resorts, will take on more debt in order to secure the financial relief necessary for their survival. Banks are no longer helping. This has given rise to new attempts to combine equity capital, crowdfunding and Blockchain. The model.

For the hotel industry, specifications and dangers are increasing significantly
Loan defaults in multiple waves?
20.5.2021

Munich. The banks, which have to look out for themselves and their severely hit customers at the same time, will have to struggle with two additional topics in future: the strongly increasing number of non-performing loans and insolvencies. The standards for hotel loans have been increased significantly.

Light on the horizon from all sides
20.5.2021

Berlin. While numerous German hotels are still struggling to survive, experts already see light on the horizon. In the promotion of large companies, the cap is finally to fall; Dehoga is optimistic. In addition, consumer sentiment is on the rise.

Scandic saves everywhere but on sustainability
13.5.2021

Stockholm. From the end of February 2020, Scandic experienced a dramatic drop in demand, yet the Scandinavian group is sticking to its ambitious plans in the area of sustainability.

UK: Credit funds to fill the gap
13.5.2021

London. Banks are "very quiet" currently when it comes to hotel financing, a Hotel Finance webinar in London revealed. Credit funds fill the gap and ground leases gain ground.

Good figures are currently still masking the wave of problems at the banks
The hour(s) of truth are approaching
13.5.2021

Munich. The third wave seems to have been broken, the rate of vaccination is finally picking up, some companies are exceeding expectations, and Germany's banks express confidence. So, all okay then? No. Experts continue to expect bank consolidation and are also suffering from the complete lack of any perspective for openings. Government support measures are pushing foreseeable developments into the future. A look behind the scenes.

Dehoga flash survey: Figures show acute need
6.5.2021

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.

Motel One: 2021 remains an absolute crisis year
25.3.2021

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.

Movement in co-living: Habyt takes over Quarters
25.3.2021

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.

Hotel bosses complain about efficiency of Bridging Aid III
11.3.2021

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.

Stock Exchange

Share price performance of the week 27/07/2022 - 03/08/2022

HI+Share price performance of the week 27/07/2022 - 03/08/2022

                       Change % compared to the previous week



Source: Reuters
powered by HVS EMEA Enews

Financial Results

Surpassing the billion mark

NH H1: The robust demand allowed to reach revenues of €1,027m in the first half of 2023, an increase of 25% compared to the same period of 2019.

Tremendous progress

Wyndham Q2: The second quarter of 2023 again delivered solid results including global RevPAR growth of 7%, net room growth of 4% and the 12th consecutive quarter of sequential growth in the development pipeline.

Another Record

Motel One H1: With an occupancy rate of 69% (51), H1 2023 revenues grew to 394m (240), EBITDAR increased by 75% to 208m (119), with a margin of 53% (49). EBITDA: 124m (46). EBT: 93m (27).

Higher earnings

Pandox: Higher demand in Germany positively affected Property Management and, combined with a more active hotel market in Brussels, contributed to both higher earnings and profitability in H1 2023.

Growth in sight

Scandic H1: During the first half of 2023, the group gradually ramped up activity in the company with a commercial and data-driven focus and the new economy brand Scandic Go.

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