Topic Finance

News & Stories

Germany 2020: Investment market in quarantine
14.1.2021

Frankfurt/M. In 2020, the transaction volume on the German hotel real estate investment market amounted to 1.95 billion euros. A minus of around 60% compared to the previous year. CBRE with additional information on the market.

Transactions in Austria 2020: Weak yet conciliatory
14.1.2021

Vienna. After a record year in 2019 with a transaction value of more than 1.25 billion Euros, the pandemic-related fall to approx. 280 million Euros also followed in Austria in 2020.

Bankruptcy lawyers: Delayed financial aids are driving hotel insolvencies
Political incompetence becomes visible
14.1.2021

Wiesbaden. The wave of insolvencies in the German hotel industry is rolling in. Leading lawyers expect a sharp increase in insolvencies this spring, even among medium-sized and large groups. The second lockdown, the continued absence of the recovery and government's ineffective countermeasures leave many companies with no other option.

Airbnb after the IPO: Does the hype make the company a tourism saviour?
100 billion dollars for a loss-making company
17.12.2020

San Francisco. Despite facing regulation issues in many destinations across the world as well as multiple lawsuits, Airbnb just "broke" the stock exchange. The company's IPO surpassed its founders' hopes and topped a 100-billion-dollar valuation last week. Investors are betting on Airbnb to lead the travel rebound globally. Will the platform soon become the number one e-travel company? Most importantly, when will they start making money consistently?

More support programmes under the German Christmas tree
17.12.2020

Berlin. The full disbursements of November aid - promised firmly by the German government - for suffering hoteliers and restaurant owners continue to be delayed; they are therefore extended to December. In addition, the Bridging Aid III has been revised. And the insolvency application requirement remains suspended in January to prevent a first wave.

Novum and the Economic Stabilisation Fund
17.12.2020

Wiesbaden. As the first large German hotel group, Novum Hospitality GmbH from Hamburg has secured a loan from the German Economic Stabilisation Fund and is thus one of seven companies of different industries so far to have been granted this support at all. The voices from the industry on this range from recognition to scepticism.

Growth capital for innovative operators
3.12.2020

Berlin. A new investment company plans to build a portfolio of managed properties along the entire real estate usage chain: from serviced apartments, co-living, education, office-as-a-service, healthcare and elderly living to urban farming.

Big and small hoteliers face banks' back and hope for specialists to help
All in financial distress
29.10.2020

Amsterdam. While a second wave of corona cases has triggered tougher restrictions across Europe on travel and social gatherings, hoteliers are not sure they can make it to the end of the year. The biggest chains' share value is melting fast, giants like Accor and AccorInvest are seeking solutions. Suddenly banks and investors are turning their backs on the industry. All over Europe, the first insolvencies are there, and hotel closures are imminent. But consultants see support in the background.

Corona hits private equity funds hard
29.10.2020

Leipzig. Covid-19 is now also affecting the Private Equity funds. It is particularly difficult for companies with high levels of debt financing.

Invesco Real Estate intends to expand the European debt market
22.10.2020

Munich. Invesco Real Estate, the real estate division of the global asset manager Invesco, has acquired the commercial real estate finance business unit, the real estate debt team and its European assets from Swiss asset manager GAM Investments.

Stock Exchange

Share price performance of the week 03/03/2022 - 09/03/2022

HI+Share price performance of the week 03/03/2022 - 09/03/2022

                       Changes compared to the previous week in %.



Source: Reuters

powered by HVS EMEA Enews

Financial Results

HI+Numa on course for Europe

Berlin. The young short-term rental company Numa looks confidently at its half-year figures and wants to push ahead with the European roll-out. After the crisis, even more so, is the motto.

HI+Balance sheets and fresh capital

Wiesbaden. There is movement in the hotel finances. Falkensteiner has successfully completed its eighth crowdfunding. Hyatt, IHG, Orascom and TUI report satisfactory quarterly or half-year results. Munich Hotel Partners uses fresh capital for expansion and Scandic has issued convertible bonds.

HI+Orascom and Scandic: good prospects

Wiesbaden. Orascom Development and Scandic give an optimistic insight into their half-year results 2022. Bookings are increasing.

HI+Accor, Pandox, Scandic, Warimpex, Whitbread: Significant recovery in Q1

Wiesbaden. Accor, Pandox and Scandic report a significant recovery in business towards the end of the first quarter 2022 and Warimpex announces its annual results for 2021, although the focus of projects there is now on the office sector. Whitbread publishes its FY 22 report and still believes in Germany. But the recovery there is much slower than in the UK.

HI+Accor, IHG, Choice: Significant recovery in 2021

Wiesbaden. More hotel chains have published their results for 2021. Accor reports a significant recovery of business in the second half of the year, IHG points to its RevPAR improvement and Choice International to its excellent domestic business that almost ensures that 2019 results are matched.

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