Topic Finance

News & Stories

IHG doubles its presence in Germany, Novum benefits from the global giant
The win-win deal
19.4.2024

In a unique move to date, IHG Hotels & Resorts is set to double its presence in Germany in what appears to be a well-thought-out, multi-layered deal with Novum Hospitality. Novum is set to secure its economic future with a long-term exclusivity agreement for 108 hotels. Mario Maxeiner, Managing Director Northern Europe at IHG, and Novum CEO David Etmenan share the details with us in an exclusive interview.

German hotel investment market remains in a deep slump
12.4.2024

The transaction volume in the German hotel investment market remained weak in the first three months of the year. Revenue was primarily characterised by one major transaction.

From budget to stock market: Motel One writes history
12.4.2024

The announcement about the almost doubled earnings before taxes (EBT, 2023 vs 2022) in Motel One's press release this week was as modestly worded as the announcement that the company intends to go public. We asked the founder and Chairman of the Supervisory Board, Dieter Müller.

European hotel transactions 2023 plummeted
12.4.2024

European hotel transactions recorded a downward trend last year. Higher borrowing costs led to a softening of yields and a slow-down in transactional activity. 

Almdorf Seinerzeit: Insolvency with a background
12.4.2024

Chalet villages in the luxury segment are considered extremely promising. Especially in alpine locations. The Almdorf Seinerzeit in Patergassen, Carinthia, shows how things can go radically wrong with a recent annual turnover of around 2.2 million euros and over 17 million euros in debt.

European hotel values see modest rise
15.3.2024

European hotel values see modest rise in 2023 but fail to reach pre-pandemic levels. Hotel values across Europe remained steady in 2023 buoyed by the consolidation of the post-pandemic recovery.

Decision: Choice Hotels gives up on Wyndham's hostile take-over
The saga has come to an end
15.3.2024

It's over, after almost a year of negotiations and millions of losses. The 8-billion-dollar bid, marked by strategic manoeuvres from Choice, steadfast resistance from Wyndham and scrutiny from the US antitrust body has culminated this week in Choice Hotels' announcement that it will not pursue the bid. 

Investors are slowly gaining the courage to refurbish sustainably
Mono or mixed use?
2.2.2024

Slowly, more investors are daring to turn their old properties into smart buildings: After all, even old building materials still have value. And because refurbishment can also pay off over the life cycle of the property. In a nutshell: Digital and sustainable aspects immediately come into focus in this project, especially circularity. But how can a future-proof transformation be achieved?  

Takeover: Pat Pacious pushes ahead with his plans
26.1.2024

Choice CEO Pat Pacious is putting his announcement into practice: He is now moving his pawns into Wyndham's board in the hope of securing a take-over. 

Choice vs Wyndham: Who is disrupting whom? A bitter battle continues
No side is backing off!
19.1.2024

Just before the holiday break, Choice Hotels International issued a strong counter to the Wyndham Hotels & Resorts Board of Directors' recommendation to reject Choice's offer to acquire them. The hospitality industry is now witnessing a high-stakes drama between these two giants, each vying for supremacy in a competitive landscape. The U.S. Federal Trade Commission (FTC) is now involved. 

Stock Exchange

Financial Results

The chain algorithm drives growth

IHG Q3 2024: IHG Hotels & Resorts is on track to finish 2024 in line with market expectations. In Europe, development benefits greatly from the agreement with Novum Hospitality. Another success factor is the power of the company's growth algorithm.

Noticeable progress in Germany

Whitbread H1 FY25: UK accommodation sales of Premier Inn is in line with H1 FY24. Germany shows strong performance.

International guests drive revenue

GHA Q3 2024: The Global Hotel Alliance saw double-digit growth in all key performance indicators. One big key driver ist the loyalty programme.

Increased hotel revenue, negative result

Warimpex H1 2024: Hotel revenues are growing, but the challenging environment on the property market is having a fundamentally negative impact on property valuations.

Hotel division remains stable

Aroundtown H1 2024 Solid results and an improvement in market sentiment lead to an increase in the forecast for the first half of 2024.

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