Topic Finance

News & Stories

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.

Westmont takes over from Tidal, Star Inn closes down
4.3.2021

Augsburg. Owner Invesco has found a new operator for the former insolvent hotel portfolio of Event Hotels/Tidal Operations. The Star Inn hotels are less fortunate and have to close.

First UK hotel investment and lending report
4.3.2021

London. The "UK Hotel Lending Report 2020" reports for the first time on the hotel investment and lending market in the UK. At the end of 2019, it was still worth around 135 billion pounds.

Airbnb reports 3.9bn-dollar loss after IPO - Competition with Booking grows
Too big to fail?
4.3.2021

San Francisco. Last week, Airbnb shared its first earnings report since last December when the company went public and raised 3.5 billion dollars valuing it at more than 100 billion dollars. It was not a surprise that the company reported a declining revenue and a whopping 3.9 billion-dollar loss. A good space for Booking.com to step in and remind the public of being even more powerful.

Global transactions: Future properties need profile
25.2.2021

Frankfurt. Uncertainty is severely affecting investor activity in the global hospitality industry in 2020. Transactions slumped by 60%. Private equity catches up. Future real estate needs clear profiles.

Stock Exchange

Share price performance of the week 01/09/2022 - 07/09/2022

HI+Share price performance of the week 01/09/2022 - 07/09/2022

                       Change % compared to the previous week


Source: Reuters
powered by HVS EMEA Enews

Financial Results

Simply continue to grow

Motel One Q3: Germany's most successful hotel group continues to grow. More revenue, more EBITA, more occupancy, more contracts.

New record total fee revenue

Hyatt Hotels Q3: Significantly higher fees, more conversions and robust demand around the globe: Hyatt Hotels Corporation is very satisfied with Q3 2023.

Strong recovery for mother and daughter

H World Group Q3: The Chinese Group, also the parent company of Deutsche Hospitality/Steigenberger Hotels sees a strong recovery in both companies, according to its preliminary results for hotel operations in the third quarter ended September 30, 2023.

All segments growing

Accor Q3: Sébastien Bazin, Chairman and Chief Executive Officer of Accor, is pleased with the RevPAR up 15% compared with Q3 2022: "The Group’s strong performance during the quarter illustrates once again the strength of business momentum in all of our markets, notably in Asia, and for the brands in our two segments: Premium, Midscale and Economy, on the one hand, and Luxury and Lifestyle on the other. "

Standing stronger than ever

Scandic Q3: "I'm pleased with the strides we’ve been making to further increase growth and how we’ve become a more efficient and profitable Scandic. Demand is good and we’re pacing towards another strong full year," said CEO Jens Mathiesen.

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