News & Stories

Brussels. After eight years, HOTREC has published a new position paper on the regulation of the short-term rental market. This is intended to help launch the forthcoming binding legal framework at EU level.

Berlin. It took longer than in many other markets, but with the lifting of Covid 19-related restrictions at the end of May 2021, most German markets showed the first positive signs of recovery. This now presents a full-year summary in compact form.

Madrid. Just in time for the start of the peak travel season in many parts of the world, UNWTO reported this week: Europe and the Americas are leading the recovery! Europe saw 350% more international arrivals than in the same period in 2021, but still hasn't reached 2019 levels.

Augsburg. Mini-messages about noteworthy events of the last week(s): Amundi/Fund, Apulia/Mattinata, Belmond/Orient-Express, Bright Ventures/Rosenheim, B.W. Hotel/Fellbach, Hambacher Schloss/Insolvency, JP Hospitality/Trieste, H-Hotels/Salzburg, LHP/Naples, Mandarin Oriental/Lucerne, Precise/Bad Saarow, Relais & Châteaux/Amalfi, Sonnenhotels/Bad Hofgastein, Stay Fancy/Renco, Trullo Mò con Dunia/Apulia.

Wiesbaden. The pandemic has taken a slice out of Germany's hotel pipeline. 10 to 15% of projects announced in 2019 are now no longer expected to materialise. A-cities have lost the most ground. For existing hotels, this could be an opportunity; they are more sought after by both investors and operators than before. The cards are certainly being reshuffled right now.

Amsterdam. Whether they are looking for "opportunity assets" or not, investors are showing a greater interest for Spanish properties. Both urban and leisure assets, mostly 4 and 5 stars have been traded in the first half of 2022. The future looks bright – despite a slowdown expected in the coming months.

Augsburg. Mini-messages about noteworthy events of the last week(s): Bari/Victor, Brera/Stuttgart, Hard Rock/Marbella, Hilton/Mallorca, IHG/Mallorca, Hotel Zur Tenne/Refurbishment, Leonardo/Rom, Mandarin Oriental/Washington, Marina Bolognese/Riccione, Preferred/Valetta, Primestar/Berlin, Radisson/Oslo, Sustainable Hospitality Alliance/London, Villa Riva/Rapallo, Wyndham/Koblenz.

Valencia. Flight cancellations due to staff shortages have led to a slump in last-minute bookings and a slowdown in flight bookings. Cancellations and flight changes have almost tripled compared to 2019. The slumps in Amsterdam and London are particularly glaring.

Brussels. As Europe's largest chain by far, Accor accounts for over 28% of the Top-10 room total. Otherwise, almost two-thirds of the total room capacity is concentrated in the four largest chains. Four of the Top-10 are based outside Europe. Macy Marvel lets the numbers speak.

Madrid. Spain's most popular tourist cities Madrid and Barcelona are honing their profiles as luxury destinations. Recovery has set in and even after the pandemic, the luxury hotel pipelines remain with more posh projects. Horwath HTL and Colliers have analyzed Madrid and Madrid vs Barcelona respectively.