News & Stories
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.
The Falkensteiner Michaeler Tourism Group (FMTG) is continuing its course of expansion. 400 million euros are to flow into new projects over the next four years. Branded residences and crowd investing as an alternative form of financing remain important growth drivers.
With Europe's first A by Adina in Vienna, which opened this April, Adina's Australian parent company TFE Hotels wants to set a new benchmark in the premium segment of serviced apartments. The Austrian market opens up many areas for experimentation and helps driving the international growth of TFE in Europe.
