HI+Share price performance of the week 26/08/16 - 01/09/16
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Source: Factiva / powered by HVS EMEA Enews
News & Stories
19.12.2008
Hamburg. Budget hotels are profitable even in times of economic crisis. And it's for this reason that they're increasingly attracting the attention of real estate funds. A Hamburg based fund has recently issued a "budget hotel fund".
Swiss hotel industry and the financial crisis: Foreign guests tighten belts
12.12.2008
Berlin. After three fantastic years of boom, growth in the Swiss hotel industry is cooling. All the same, the word 'crisis' is still being avoided. Investments continue to be made and the current winter season is still looking good. Yet guests are saving money on food and drink. The hotelleriesuisse appeals to hoteliers not to fall into the trap of price dumping next year.
Austria: The winter is still humming - counter-cyclical consumption
12.12.2008
Salzburg. Austria's winter tourism will hardly be affected by the ongoing recession. This is what industry representatives of the Federal Economic Chamber, the Austrian Hotelier Association, Oesterreich Werbung and economists say unanimously in various ways. Experts speak of a "counter-cyclical consumption pattern". In the meantime, Austria's city hotels are already suffering from concrete effects. 
Financial crisis shakes open real estate funds - closures to follow
12.12.2008
Berlin The current financial crisis has resulted in a lasting loss of confidence among German investors in financial world in general. Only seven percent of German citizens trust the credit market, whereas 70 percent express open mistrust. Following the collapse of English and American investment houses, it was first the hedge funds that suffered. Now, finance investors have been drawn into the storm as the crisis reaches open real estate funds.
Austria also feels the effect of the global financial crisis
5.12.2008
Vienna. In Austria's hotel industry, the first effects of the financial crisis are visible. Unnecessary investments as well as various new building projects have already been stopped. The Oesterreichische Hotel- und Tourismusbank has decreasing requests for credits. The higher equity capital rates, which are demanded by the banks now, are discouraging as well.
28.11.2008
Bern. By the year 2010, the Schweizerhof in Bern is to shine in new glory thanks to investment by its new owner, Barwa, Qatar. Experts doubt, however, that the planned sum will be enough.
Finance crisis: Pressure shifts from investor to operator
14.11.2008
Augsburg. The consequences of the financial crisis are slowly, very slowly, becoming apparent. Results of stock market listed hotel groups for the third quarter have almost all plummeted and better prospects for 2009 aren't expected. Companies and consumers are tightening their belts and the banks all seem to be following their own erratic strategies. That next year will be a tough one for the hotel industry seems to have escaped nobody. "The end to the hardship won't come until 2010," one management consultant predicted, "when the hotels currently in construction open their doors and are no longer able to access their capital." Consultants and project developers on the current situation.
Financial Crisis: Hotel shares lose value - Is it time to start buying?
17.10.2008
Lausanne. Hotels stocks are already discounting Armageddon, with many of them trading at between a quarter and third of their all time highs reached during 2007. The global financial crisis also effects the hotel groups listed around the world's stock exchanges. There's no doubt that the industry faces some hard times over at least the next year or so, but let's not forget that the stock market is a forward-looking mechanism which rapidly discounts future expectations. The question now is whether the drop in the share price does not already anticipate the weak performance figures which will be announced over the coming months.
Expo Real panel: Does private equity require a new business model?
10.10.2008
Munich. The financial crisis is getting private equity companies into trouble. Their concept of selling off companies bought and restructured within a relatively short period of time and make a profit no longer works. At the same time, the restrictive financial policy these days makes new takeovers more difficult. In a panel discussion at the "Hospitality Industry Dialogue" in the course of the Expo Real Munich real estate trade fair, the industry definitely refused to give in.
10.10.2008
Frankfurt/M. The Danish investor and asset management company Euro Ejendomme plc and DTZ Corporate Finance Frankfurt commence their cooperation with a hotel fund. Euro Ejendomme plc has initiated the "Euro Ejendomme SICAV-FIS Hotel Fund I" for German and European institutional investors.