News & Stories
Udo Chistée is one of those hoteliers who work behind the scenes. Born in Austria, he founded Amedia Hotels in 2008, which expanded until the coronavirus pandemic hit. He then sold off contracts in batches to well-known market players. Now he has filed for bankruptcy proceedings in Wels, Austria, for what is probably his most important public limited company.
Cost pressure in the sector and volatile demand have also made it a challenging year for the serviced apartment segment in Germany so far. Consolidation will also reach this segment, but banks and investors are still keeping their thumbs up.
The German hospitality industry slipped significantly into the red in the third quarter of 2025 compared to the previous year. The hotel industry has been particularly hard hit. There is no improvement in sight.
More than half of all online hotel bookings in the US are made through an OTA. Nevertheless, OTAs are facing a more competitive and uncertain environment. Five trends are generally apparent.
Successful destinations have clear profiles and support the region economically. A refined ranking has now examined 25 Austrian winter destinations according to "supply & demand", "price level" and "attractiveness". And compared them with Swiss destinations.
A 260m-high skyscraper is to be constructed in Switzerland at a cost of 500 million CHF - for residents, vacationers and hospitality staff. Living space in the mountains is scarce: Each winter the population grows from 6,000 to 40,000 inhabitants.
Comparing the third quarter of 2025 with 2024, the construction pipeline in Europe remains unchanged, with upscale hotels dominating. In the Middle East, however, the number of luxury hotels continues to rise.
The shutdown in Washington has turned into a real headache for the American hotel industry. With fewer planes in the air, fewer guests on the road, and many federal workers unpaid, the travel mood has frozen for too long. More than 6.7 million room nights are gone since October. At this pace, hoteliers could well run out of cash. Even now, when the end of the shutdown is imminent.
At the beginning of the week, Sonder announced its insolvency, shortly after Marriott had terminated their partnership. The closure has the industry worldwide preoccupied.
Pierre & Vacances-Center Parcs reported its fourth consecutive year of growth in the 2024/2025 financial year, despite all the adversities, particularly in France. Over 60 new destinations and locations are set to secure their success over the next ten years.
