News & Stories
The air in the Italian hotel market breathes excitement. The post-corona euphoria is still going strong. The country's five largest hotel groups are continuing to fine-tune their concepts and expansion. TH Group is now venturing into the 5-star segment, Accor is pushing its collection brands, B&B wants even more leisure, Bluserena wants even more of the international demand, HNH is getting ready for an IPO and Egnazia is set for a mega leap in turnover.
More events, more participants, more enthusiasm - the meeting and event market in Germany has continued to recover. Events with over 100 participants are booming. Trend topics such as Work from Anywhere and Bleisure are setting new accents and certified sustainability is becoming a "must have" for business events.
Online retail is booming and with it the business with fake reviews that pretend quality where there is none. An initiative is declaring war on fraudsters.
A new evaluation of the German Lobby Register, introduced in 2022, has once again revealed structural deficits in the representation of interests in the tourism, hospitality and food service industry. It's not just about a lack of employees.
IHIF 2024 in Berlin simply burbled along, lacking both investors and several well-known exhibitors. The halls seemed full by the hour, but more often empty. The participants swam in shallow discussions. All in all, there was a lack of profile, flavour and people. Little performance for a horrendous ticket price of over 4,000 euros.
The first glance at the positive occupancy rate in the Serviced Apartment segment in Germany in 2023 is quickly put into perspective by the decreasing length of stay: Short-stay acted as a lever. But new concepts are lifting the mood again.
"We have size and size matters when it comes to speaking as one to the city council or the government," says the new President of the Brussels Hotel Association, Willem van der Zee. BHA unites more than 90 percent of Brussels hoteliers. The industry has been seeing more hybrid lodging solutions in the past, the rise of boutique hotels and more. Today, Bleisure continues driving the positive development. But there are challenges.
The catering and hotel industry in Germany continues to struggle with sales losses, higher costs and VAT increase. The desire to invest is close to zero, as almost half of the businesses expect their economic situation to deteriorate further.
The hospitality sector navigates its way out of the challenges posed by the pandemic, and unexpectedly we see an optimistic overview of the industry's resurgence particularly in Europe and the Benelux region. The future looks bright, but hoteliers must strategize in response to evolving market dynamics.
Where the accommodation industry is focusing on streamlined concepts, more and more holidaymakers are relying on restaurants for their meals. However, there is already a lack of restaurants in many places. Destinations fear a decline in holiday quality.