News & Stories
Uncertainty characterised the mood of hotel sector at this year's Expo Real. But it wasn't complaining, despite the Revo shock and the rapid changes in the market brought about by new, international operators and investors. Investors have strong confidence in this asset class. The current low is a shared springboard into a new world of hospitality, which need not be worse.
The Revo insolvency is visibly reshaping the market. The Indian tech and hotel operator PRISM is the biggest beneficiary. Will it become the largest operator in Germany? How will the franchisors react? At Expo Real's conference stage, Prism, Odyssey, Wyndham and Accor took seats.
According to the findings of the first-ever Micro-Living Atlas, there is potential for 73,500 apartments in six major cities. The supply gap is primarily based on migration statistics.
The former CEO of prizeotel (now Prize by Radisson) and a family office are injecting a breath of Japanese flair into the German market with their newly created brand, KUMO. The first properties are set to open in Hamburg and Cologne, offering a combined total of 550 rooms.
PRISM continues its German acquisition spree as all eight Seminaris hotels move under the Belvilla umbrella. Meanwhile, reports of mounting layoffs coupled with mass recruitment drives at newly acquired Prism properties are turning traditional German labour practices upside down.
Unusual: Accor has linked its existing partnership with the Paris Saint-Germain football team to the Novotel Longevity programme. The global campaign "The Long Game" was launched in Paris this week.
Arsenale has secured fresh funding to support its business plan for 2026–2031. The company, a subsidiary of the Italian Barletta Group, specialises in luxury hotels, luxury trains and river-cruises.
At the Tourism Summit organised by the Austrian Economic Chamber (WKÖ) in Alpbach, the focus extended far beyond new technology. Discussions centered on the unique character of businesses, the boundaries of automation, and travel schedules seamlessly timed right to the hotel doorstep. The event, held as part of the renowned European Forum Alpbach, was designed to provide fresh momentum for the sector.
Eight months after the start of the Revo Hospitality insolvency (under self-administration), the operating contracts for 154 out of 178 insolvent Revo hotels have been taken over. Major and minor hotel groups are thus able to expand their presence, mostly in Germany. Nevertheless, the public picture remains far from transparent.
Branded residences are the fastest-growing product in luxury real estate, and Dubai is their epicentre. Buyers pay a premium for the name over the door, and the pipeline runs to thousands of new units. But what happens the day the brand's contract runs out? We talked to the developer who builds them, the adviser who fixes them and the operator who runs them.
