Topic Finance

News & Stories

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.

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.

Stock Exchange

Share price performance of the week 22/09/2022 - 28/09/2022

HI+Share price performance of the week 22/09/2022 - 28/09/2022

                       Change % compared to the previous week


Source: Reuters
powered by HVS EMEA Enews

Financial Results

Strong NOI but higher interest

Pandox AB Jan-Sept 2023 interim report: CEO Liia Nõu sees stable earnings in a solid hotel market: "Demand in the hotel market was good in the third quarter. We have now reached a stabilised level based on current demand mix and seasonal patterns, even though international travel and large conferences and congresses have not recovered fully to 2019 levels."

Reaching the turning point

Hilton Q3: "We continued to see strong results during the third quarter, exceeding our expectations for system-wide RevPAR growth, with growth across all customer segments. We also continue to leverage our industry-leading portfolio of brands to drive further growth of our global network", said Christopher J. Nassetta, President & Chief Executive Officer of Hilton.

On the road to outperform

GHA Q3: Global Hotel Alliance, the world’s largest alliance of independent hotel brands, with 800 hotels across 40 brands in 100 countries, is on track for a record year, with 2023 room revenues, room nights and total domestic and international stays year-to-date (YTD) all consistently higher than its previous best year, 2019.

Delivering record U.S. RevPAR

 Wyndham Q3: “With our brands delivering record U.S. RevPAR and our global development teams driving net unit growth towards the top end of our initial guidance, we are raising our full-year 2022 outlook," said Geoffrey A. Ballotti, President and CEO.

The year of global rebound

IHG Q3: In the third quarter 2023, RevPAR increased 10% versus 2022 and 13% versus 2019, representing the fifth quarter of sequential improvement exceeding pre-pandemic highs.

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