The budget hotel group Cocoon has opened its fourth hotel in Munich – and achieved top results within three months thanks to its prime location next to the Oktoberfest grounds, family-friendly apartments with kitchenettes and co-working spaces. A leap forward in concept and quality.
The consequences could be dramatic: Spain's hospitality industry is bracing for unprecedented disruption this August, as new national legislation demands all short-term tourist rentals (STR) be registered in a centralized database...or risk removal from major booking platforms.
Real estate investment manager ActivumSG announced this week that it has acquired a majority stake in German project developer Centralis Immobilien. The two companies plan building a multi-million-dollar platform for serviced apartments.
As part of its new global umbrella brand strategy, Minor is now launching four completely new brands in all categories: The Wolseley Hotels, Minor Reserve Collection, Colbert Collection, and iStay Hotels.
Revo Hospitality is currently the No. 1 pan-European white label operator, backed by around 260 hotels and approximately 1.3 billion euros in revenue. Now Ruslan Husry, the lease lover, is switching almost completely to franchising. He is pushing his system platform, entering new markets and looking for investors.
Hotels, not short-term rentals, are to blame for Europe's overtourism crisis, at least according to Airbnb co-founder Brian Chesky. A curious claim, coming from the very platform that turned spare bedrooms into a global real estate strategy one would say.
At the beginning of June, Pandox AB and Eiendomsspar AS made a joint bid to acquire Irish company Dalata Hotels. Dalata initially rejected the offer.
2025 projected to exceed pre-pandemic levels in GDP contribution and domestic travel in Poland. The whole EU Travel & Tourism sector will represent more than 10 percent of the EU economy in 2025.
The African continent remains a hotspot for developers. The hotel pipeline for the coming years is more than full. Morocco and Egypt lead the project lists, with Nigeria, Tanzania and Ghana following close behind.
KPIs are now falling in the American hotel market. Experts predict that this will remain the case for 2026. This affects businesses in the mid-range and lower price segments, among others.
Accor/Ljubljana, Aman/San Cassiano, Wadi Safar; Azora/Donkey, B&B/Brides-les-Bains, Black Forest/Kuckucksnester, Borgosesia/Tuscany, BWH/Bonn, First Group/Dubai, Four Seasons/Abu Dhabi, Hilton/Bucharest, IHG/Schönefeld, Libere/Italy, Optima-Aegidius/Munich, Radisson/Riyadh, Scandic/Florø, Seehotel Niedernberg/turnover, Wyndham/Sicily, Xenia/financing // Renovation: Marriott/Berlin
