Topic Finance

News & Stories

BREAKING NEWS: IHG acquires Ruby Hotels
18.2.2025

InterContinental Hotels Group PLC (IHG) has acquired from Ruby SARL the RubyTM brand and related intellectual property for initial purchase consideration of €110.5m (~$116m). This was reported by IHG at 8.30 a.m. (CET).

Loisium Wine & Spa Hotels start crowd investing
31.1.2025

The Austrian Loisium Group is injecting new momentum into its expansion plans with a crowd-investing campaign. Investors, wine and food lovers can now invest directly in the wine hotels.

US banks' withdrawal from UN Climate Alliance shakes Green Financing
Chain reaction impacting Europe
31.1.2025

Following Donald Trump's election victory in November, several major US financial institutions have reconsidered their environmental commitments. In recent weeks, nearly all leading American banks have withdrawn from the Net Zero Banking Alliance (NZBA), a UN-backed initiative promoting "Green Financing". Their decision highlights a growing divide between American and European financial institutions.

Aimbridge with billions in debt
24.1.2025

Aimbridge Hospitality was formed in 2019 following the acquisition of Interstate Hotels & Resorts. On 16 January 2025, the CEO of the super platform for third-party management announced that it was 1.1 billion US dollars in debt. Now he wants to turn the lenders into owners. 

Austria's hotels invested more than planned in 2024
24.1.2025

"A year ago at this time, we had extremely weak demand for credit. That's why we budgeted very cautiously." Then the investments suddenly piled up.

Q4 2024: German investment market lags behind
17.1.2025

The European hotel investment market has regained considerable momentum since the coronavirus pandemic, while the German market is only recovering slowly. The challenges in Q4 2024 remain.

What makes the saviours of ailing hotel groups tick? An interview
High season for insolvency administrators
17.1.2025

Insolvency administrators are currently operating in high season. Germany is entering its third year of recession. The negative spiral continues to drag down restaurants, but now also medium-sized hotel groups. Almost all of them file for insolvency under debtor-in-possession management. But how does this work? How do insolvency administrators work and think? An interview with the specialist Dr. Florian Harig from the law firm Anchor, based in Hanover, and the experienced insolvency communicator Alexander Görbing.

Lindner Hotels AG insolvency: many questions and assumptions
20.12.2024

Lindner Hotels AG filed for insolvency under self-administration this week. It concerns 13 of 41 hotels, which are apparently buckling under the weight of rents and costs. Nevertheless, many questions remain unanswered.

Achat Hotels files for insolvency in self-administration
29.11.2024

The coronavirus pandemic, inflation and price increases have put Achat Hotels and its subsidiary Loginn Hotels under massive pressure. The group has now filed for insolvency under self-administration.

Communicative platforms as problem solvers?
8.11.2024

The investor Aroundtown wants to push digitalisation with its own new platform, hologram boxes and an incubator, offer hospitality services in all properties and connect tenants and guests.

Stock Exchange

Financial Results

Currency devaluation has an impact

Orascom Development Holding (ODH) FY 2024: ODH exhibited strong operational and financial performance in FY 2024 despite a challenging environment characterized by the ongoing conflict in Gaza, geopolitical tensions in the Middle East, and economic instability.

Top range of FY 24 guidance achieved

Aroundtown FY 2024: Aroundtown (AT) recorded like-for-like rental growth of 2.9%, with strong contribution from the residential and hotel portfolios and which together comprise the majority of the portfolio at 56%.

Revenue grows despite lower Euro

PPHE Hotel Group FY 2024: With higher occupancy and despite lower ARR the group increased its EBITDA and like-for-like RevPAR.

At the upper end of the profit forecast

Choice Hotels Int. Q4 and FY 2024: The global lodging franchisor grows its global net room system size by 3.3%, including a 4.3% growth for more revenue-intense domestic upscale, extended stay and midscale rooms portfolio.

Significant improvement in results

Scandic Q4 and FY 2024: During the fourth quarter the company sold more room nights than last year, despite exiting several hotels to optimize the hotel portfolio and returning to a more normalized pace of renovations.

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