News & Stories

Munich. 62 hotel companies represented in Germany were re-evaluated this year during the course of the 10th "Treugast Investment Ranking". Results are down considerably on last year. Luxury chains were most heavily hit by downgradings. Compared to last year, seven companies were downgraded.

Munich Together with Colliers Hotel, Treugast Solutions Group based in Munich is working on an analysis of German destinations. They will be summarised in a new index which was announced by the two companies at the Expo Real in Munich.

Munich. As the French B&B economy chain announced at Expo Real this week, it will focus on further expansion in Europe. The first hotels will open in Italy and Portugal next year.

Munich. Worldwide, hotel room yields accruing July 2009 are still down, and forecasts for 2010 are all negative. Decreasing demand throughout Europe is now showing extensive effects. The next three years will witness the biggest collapse in project development – there is a great danger of a "hotel void" in 2012. Momentarily, transactions are only taking place with respect to medium-sized companies, and not with chains. At the kick-off to Expo Real, the international commercial real estate fair in Munich, the "Hospitality Industry Dialogue" hotel conference will start off on Monday, among others, with several interesting statements on the development of the hotel market, real estate and yield.

Brussels. The Rezidor Hotel Group announces a change in their Norwegian portfolio - the group will focus on resorts in future.

Munich. Budget hotels of the 1 and 2-star category and specialists will master the economic crisis best. This is the summary of the Treugast Trend Report 2009/2010. According to the experts, "allrounders" still have the worst appearance and the poorest perspective.

Berlin. Significantly fewer real estate projects have been realised this year than in 2008 in Berlin and Potsdam. This is an acute consequence of the current financial crisis. Project development volumes are down eight percent on 2008 to around five million square metres. Investors focus less and less on commercial and office real estate and much more on hotels and apartments. The value of hotel developments in the Berlin metropolitan region is ten times as high as it was in 2008! In spite of all the negative figures though, Berlin remains a dynamic location in Germany. These are the findings of a recent real estate study which once again throws light on the over-construction of hotels in Berlin.

Wiesbaden. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week. The following companies and destinations are mentioned today: art’otel, B&B, Frankonia, Grand Tirolia, Jumeirah, Ramada, Sofitel, Starwood, Swissôtel, The Luxury Collection.

Sagard. Whilst Steigenberger Hotels presented new plans under its new Egyption owner El Chiaty in Frankfurt yesterday, the ex-Steigenberger team on the Baltic isle of Ruegen celebrated their farewell to Steigenberger and a new beginning with the former hotel owner. The Ruegen team doesn't have much positive to say about the Frankfurt-based hotel group which left the island despite holding a contract until 2013.

Salzburg. Globally decreasing hotel rates are the reality, but this week's published "hotel rate index" of hotels.com is only half the truth. In contrast to most newsletters that simply include such press releases, hospitalityInside.com put the figures in perspective.