Topic Finance

News & Stories

Expo Real: Hotel real estate in the spotlight - A market with many facets
Contracts and risks still to be discussed
12.10.2007

Munich Hotel real estate as investment opportunity is presently experiencing an all time high. But what buyers are currently active on the European market and where are they looking to invest? What types of contract will be used in future? Has the recent credit crisis already had ramifications on property prices? Questions such as these were addressed by numerous panels of experts at the 10th Expo Real in Munich.

Bavaria to reduce interest rates for hoteliers
28.9.2007

Munich. Interest rates of the Bavarian Mittelstandskreditprogramm have been reduced by 0.25 percent for investments of existing companies. Even the clearly lower interest rates for business start-ups will be reduced by another 0.1 percent. This also includes the hotel industry.

Private equity on the retreat?
German hotel funds look for investors
21.9.2007

Frankfurt/M. German finance experts are in agreement: Private equity funds will slowly disappear from the hotel investment markets and clear the way for other forms of investment within the branch. In Germany, the first new hotel funds have been set up. With regard to real estate transactions in Germany and Asia, it's the so-called B-destinations which are the real tear aways.

Germany's banking industry is divided, yet growing all the same
No collapse for hotel investors
14.9.2007

Berlin. Thanks to the marked improvements in the world economy and favourable conditions on the capital markets, for the last few years German banks have been able to continue on their commercial expansion course and record positive yield trends; almost forgotten is the crisis from 2001/2002. The German financial economy, clustered around the Rhine-Main region and the city of Frankfurt, is strategically one of the world's most important business centres. A MasterCard survey on stock exchange locations placed Frankfurt in 7th position, before Paris, as direct competition on the European continent. All the same, the German banking industry has recently yet again come under the spotlight. Insiders talk of Germany as being "over-banked" and rigid - and the same words were used well before the recent turbulence surrounding the IKB and Sachsen LB. Yet both incidents are good illustrations of the current problem. A background report.

Global Hyatt Corporation expands shareholder base
Capital partners to invest one billion
31.8.2007

Chicago. For the first time in their history, Hyatt allows foreign investors to step in: Tom Pritzker, Chairman of Global Hyatt Corporation,
announced yesterday that Madrone Capital Partners, a private investment firm affiliated with Wal-Mart Chairman Rob Walton and his family, and entities affiliated with Goldman Sachs Capital Partners have agreed to invest a total of 1 billion USD to acquire equity securities in Global Hyatt Corporation.

Background: the US real estate crisis - how it will affect the hotel industry
Break on the big deals?
17.8.2007

Frankfurt/M. The recent furore on the international finance markets was impossible to miss: The real estate crisis in the USA has pulled some European and German banks down with it, much to the surprise of some experts. The consequence: Central banks responded with cash injections of a total of 270 billion Euros to secure the normal functioning of the money markets. According to the European Central Bank, with this, the storms of recent days have blown over. All the same, the questions remain: What happened? What were the causes? And what ramifications will it have for the currently heavily real estate focused developments in the hotel industry? Hotel expert Martina Fidlschuster, Managing Director of Hotour Consulting in Frankfurt, sheds light on a difficult subject, exclusively for hospitalityInside.com.

Money glut presents new challenges to hotels as assets
New owners, new contracts, new operators
10.8.2007

Augsburg. Hotel real estate moves between the hands of different owners more quickly than ever before. According to Jones Lang LaSalle, the sale of a hotel attracts an average of four potential buyers per property. This year, hotel real estate to the tune of 80 billion Euro will change hands - a sum which will again break the record set the previous year. Does such reselling increase the value of a hotel property? What happens with existing operator contracts? Consultants and asset managers have a whole spectrum of answers up their sleeve.

Morgan Stanley Real Estate invests in budget chain Motel One
The second strategic deal
3.8.2007

London/Munich. A fund of the finance service provider Morgan Stanley, London, has bought a 35% stake in Motel One Management Ltd, Munich. "Location development will hopefully accelerate," Dieter Mueller says, joint founder and Board Chairman of Motel One plc, in reference to the strong network the new British partner brings with it. The low budget design hotel chain Motel One has gained enormously in strategic influence through the deal and has ensured its position as a force to be reckoned with in the European budget market. The agreement represents Motel One's second strategic deal in four months. For Morgan Stanley Real Estate though, the deal is the first European investment in this segment.

10 Hilton hotels sold to Morgan Stanley
27.7.2007

London. The announcement was made last April, now the deal is closed: Morgan Stanley Real Estate completed the acquisition of eight European Hilton hotels by one of its funds. Two more hotels are to follow.

Park Plaza has gone public
13.7.2007

London. Some weeks ago Park Plaza Hotels announced its intention to float on London's Alternative Investment Market. Insider say the point of time is right. Last night, Boris Ivesha, President and CEO confirmed: "Park Plaza Hotels has gone public!" 

Stock Exchange

Share price performance of the week 10/04/15 - 16/04/15

HI+Share price performance of the week 10/04/15 - 16/04/15

                                                          Changes %


 

Financial Results

HI+InterContinental: Asset sale successful

London. The InterContinental Hotels Group plc published the results of 2005. The asset sale continued consequently. Continuing operating profit was up 42 percent from 134 to 190 million pounds Sterling with operating profit margin up 4 per cent.

HI+design hotels: New members and better results

Berlin. In 2005, consolidated revenues of the hotel group design hotels amounted to Euro 5,38 million. During the year 2006 the company intends further growth with high quality

HI+Hilton Group: Revenue and profit increased

London. Yesterday the sale of Hilton International to Hilton Hotels Corporation for 3.3 billion pounds was completed. At the same day Hilton Group plc published its results for the year 2005. Revenue and profit increased.

HI+Choice: Franchise business increases again

Silver Spring. Choice Hotels International, Inc. reports positive figures in its annual report. Shareholders will receive higher EPS. Franchising revenues went up again.

HI+Rezidor SAS: Strongly improved performance

Brussels. Rezidor SAS Hospitality announced its results for 2005. The company generated group wide revenue of MEUR 587.0 as compared to MEUR 498.7 in 2004; an increase of 17.7%. The key driver of this financial development is an 11% growth in the company's Revenue Per Available Room. In 2006, the company will continue with its vigorous development strategy with an increased focus on developing Russia, CIS and East European markets.

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