Topic Finance

News & Stories

MHP on the way to becoming a capital partner
5.8.2021

Munich. Munich Hotel Partners has acquired the future Marriott Hotel Basel together with the US private equity firm H.I.G. Capital and will operate it. It is the first step towards further co-investments.

Corona aid: It could be enough to survive
1.7.2021

Berlin. Those who were able to bridge the long cash pause on their accounts and then got the sums that were calculated will now - presumably - survive. Bridging Aid III Plus can now be applied for anew in Germany. Solutions Holding, Deutsche Hospitality, RIMC, Motel One and HRG Hotels comment on the status.

Insolvencies: No tsunami in sight
24.6.2021

Neuss. The big pandemic-related wave of company insolvencies in Germany continues to be absent. Nevertheless, there are negative trends that could only become noticeable at the end of the year or New Year. But two hospitality lawyers do not see a wave or a tsunami. 

Switzerland: Hardship ordinance shifted to cantons
24.6.2021

Bern. Further aid for the Swiss hotel industry has been initiated: The Swiss Federal Council has adapted the Hardship Regulation. As of tomorrow, there will be further travel facilitations and relaxations.

Germany: Extended and increased state aid does not help everyone
10.6.2021

Berlin. The German government will extend economic aid for particularly hard-hit companies until the end of September. Not every tourism association is happy with this. Larger hotel groups are likely to be relieved. Basically, however, the existential need remains severe. Dehoga Managing Director Ingrid Hartges comments to us on what has been achieved.

Germany and Switzerland in the struggle for extended Corona Aid
27.5.2021

Berlin/Bern. The German government apparently wants to extend its corona aid until at least autumn, including the short-time allowance. Switzerland also plans to extend it, but no further subsidies. HotellerieSuisse takes a critical view on this.

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.

Stock Exchange

Share price performance of the week 10/11/2022 - 16/11/2022

HI+Share price performance of the week 10/11/2022 - 16/11/2022

                      Change % compared to the previous week


 

Source: Reuters
powered by HVS EMEA Enews

Financial Results

Global Hotel Alliance hits records

GHA FY 2023: The Global Hotel Alliance reported 2023 results, with every key performance metric hitting an all-time high.

UK robust, Germany positive

Premier Inn Q3 FY24: Our teams have delivered another strong set of results, comments Whitbread CEO Dominic Paul the results of Q3 2023 für Premier Inn. UK hotels saw a robust demand driving high levels of occupancy and strong pricing. Germany performed well in what is an important trading period with a large number of leisure and business events. 

Hotels highly profitable

TUI Group FY 2023: The tour operator exceeds the turnover threshold of 20 billion euros for the first time. Hotels and cruises are growth areas and highly profitable.

Significant increases in KPIs

HNH Hospitality FY 2023: The Italian hotel chain exceeded the 100-million turnover threshold for the first time. Its Board of Directors just released the preliminary results for the fiscal year closed October 31, reporting an overall operating income of 105.7 million euros, up 47% from the previous year's 71.4 million.

Buoyant Europe demand propels profit

Minor Q3: Owned and leased hotels have driven growth in the third quarter 2023, fueled by robust leisure demand and increased business travel in Europe.  

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