News & Stories

London. The European hotel sector has shown encouraging signs of recovery in terms of revenue, but rising costs are impacting profitability. Yet key players remain sanguine regarding the near-term outlook. For the first time, in recent memory, the present recovery has been led by ADR, whereas previously occupancy was always the first to recover.

Augsburg. Mini-messages about noteworthy events of the last week(s): Accor/Milan, Belstay/Italy, Bulgarella/Sicily, BWH/Orange, DSR/Seefeld, Four Seasons/Rome, Hyatt/Johannesburg, IHG/Vienna, Jumeirah/Muscat, Laqua/Tuscany, Mamula/Montenegro, Marriott/Paros, Novum/Düsseldorf, Numa/Norway, Radisson/Istanbul, Rom/Nazareno, Ruby/Munich, Scandic/Copenhagen, TH Resorts/Sustainability.

Munich. Occupancy rates in all European countries, except for Russia, were already back to pre-crisis levels in May at over 90 percent. Analysts expect a record summer for the leisure sector. And there is also a lot of catch-up business in the business and MICE sector.

Augsburg. Mini-messages about noteworthy events of the last week(s): Alma/Romania, Benetton/Edizione, BWH/Middle East, Corum Investments/B&B Hotels, Dt. Hospitality/Doha, Halbersbacher/Black Forest, Commodore/Venetia, IHG/Tashkent, Invesco/The Hague, Laguna Palace/Grado, Marriott/Cortina, Novum/Bremen, Premier Inn/Wolfsburg, Radisson/Mykonos, RIU/Metaverse, Rome/Party Headquarters, Scandic/Horsens, Transylvania/Hungary.

Berlin/Vienna. At first glance, the summer season looks pleasing for the industry in Germany and Austria. However, the booking rate is already slowing down. At the same time, the desire to travel is clearly greater than in 2019. And unfortunately, there are still the costs...

Brussels. Member States received a green light from the EU to help out businesses affected by the war in Ukraine. Trade unions otherwise warn of the death of thousands of businesses this summer. Companies with liquidity bottlenecks are entitled to direct grants, guarantees, credits and loans with subsidised interest rates. The aid must be linked to the increase in energy prices.

Augsburg. Mini-messages about noteworthy events of the last week(s): Accor/Zagreb, Adlon/Lament, B&B/Rome, BWH/Sardinia, Dt. Hospitality/Amsterdam, Four Seasons/Venice, Grand Hotel La Pace/Tuscany, Grand Hotel Tremezzo/Lake Como, Harry's Home/Telfs, Italy/Decline, LFPI/Cologne, Mandarin Oriental/Cortina, Maritim/Amsterdam, Marriott/Verona, Novum/Spain, Numa/Italy, Oriana Suites/Turin, Pandox/Scandic, Premier Inn/Q1, Radisson/Barcelona, SMG/IPO, Starhotels/Florence, TH Hotels/Veneto, Wyndham/Antalya.

Milan. For Smeralda Holding, 2022 is set to become a record year, with results never seen before. Qatar's famous destination resort also suffers from inflation but not from staffing. Another new lifestyle hotel is announced and it may no longer sail under a Marriott brand.

Paris. The ranking of the world's largest hotel groups changed little in 2022 from the prior year. While the aggregate rooms portfolio of the top-ten chains progressed by about 3% over 2021-2022, three of the groups experienced a decline in the number of rooms, led by Oyo whose total slid by over 20%.

Augsburg. Mini-messages about noteworthy events of the last week(s): BWH/SHA, Des Bains/Venice, Experimental Group/Biarritz, H-Hotels/Düsseldorf, HNH/Sicily, Icon/Florence, LVG/Novara, Marriott/Dubai, Meininger/Venice, Numa/Hamburg, Primestar/Vienna, Radisson/Durban, Scandic/Copenhagen, The Pavilions/Rome, Union Investment/Bremen, Wyndham/Crete.