News & Stories
The hospitality industry in Germany has still not reached pre-corona levels despite sales growth in 2023. Losses are above average, especially in the catering sector.
This year, the business travel market is expected to fully recover and return to 2019 levels. Business travellers are now more demanding and strive to get the maximum benefit from every trip. This has an impact.
Emirates-based ENVI Lodges has inked a deal with Blue Ocean Capital France (BOCF) to construct four high-end, sustainable lodges in France, marking the commencement of ENVI's European expansion.
A multitude of new ideas will bear fruit in the tourism industry. The importance of influencers and AI will grow, but new offer models will also be developed. A recent study by Amadeus looks into the near future and offers some astonishing insights.
Overnights in Swiss hotels rose by 6.3% year-on-year to an all-time record high of 23.9mn for the recent summer season (May – October), in spite of a strong Swiss franc and declines in the sector's two leading markets.
Selina Hospitality, which has run into financial difficulties, has apparently found an investor who wants to have a strong say in its future course. And: previous investors will have to make sacrifices.
The Irish tourism industry has continued its remarkable recovery this year. Hotel transactions have also been brisk. But there is still some catching up to do.
Even after the third quarter of 2023, pipeline experts are convinced that the number of hotels in Europe will continue to grow steadily until 2025. The Middle East continues to have the largest hotel construction projects in the pipeline of any region in the world.
The serviced apartment market in Germany and Europe still has great potential, even in selected B and D locations. The apartment houses or hotels work wherever there is a lack of adequate accommodation.
In the European hotel industry, the integration of artificial intelligence is not uniform. Chain hotels and high-end hotels are further ahead on this topic than smaller businesses. A recent survey answers open questions.