News & Stories

Hamburg. Park Hyatt is moving out of the Levantehaus in Hamburg on 19 December after 24 years - and Conrad Hotel is moving in. However, the Hilton brand will only become visible from the end of 2024/beginning of 2025, when the operator Munich Hotel Partners opens the doors. MHP CEO Dr Jörg Frehse will focus even more on luxury hotels in the future.

Munich. The optimism is there, but the German hotel industry will have to wait a little longer for the return of anything like the figures from 2019. The industry has been hit hard, as also shown by the "Treugast Investment Rating" 2022: The equity ratio of the German operating companies has halved, and GOP nosedived in 2020/21. There were 13 downgrades and only three upgrades. This is a reflection of hard times.

Augsburg. Mini-messages about noteworthy events of the last week(s): 21 Way of Living/Name, Adelphi Portrush/Northern Ireland, Bluserena/Financing, B&B/Bonn, BWH/The Hague, Edition/Rome, GBI/Frankfurt, GCC/Pipeline, HNH/Sardinia, Hotel Berlin, Berlin/Refurbishment, Hotusa/Regensburg, IHG/Cannes, Langham/Diriyah, Leonardo/Vienna, Marcegaglia/Tuscany, Marriott/Berlin, NH Hotels/Frankfurt, Numa/Brussels, Radisson/Berlin, Shedir/Rome.

Frankfurt. Peakside Capital Advisors AG has acquired the Grandhotel Hessischer Hof and the adjacent office building in Frankfurt from The Prinz von Hessen group. Various operator talks are already underway.

London. Many global economies are going through a period of high inflation. A case study of the London hotel market analyses the connection between the current inflation environment and hotel pricing.

Vienna. Similar to the European market as a whole, Budapest, Prague and Bratislava were also able to catch up significantly in 2022. In a comparison of the three CEE cities, the Hungarian capital is the most dynamic.

Milan. After the pandemic, student housing is attracting increasing interest from investors, showing intrinsic growth potential all over Europe. There is a rising propensity to study away from home in most continental markets, likewise in Germany, Spain, Italy, France, and the Netherlands.

Frankfurt. Of its current 18 brands, IHG has introduced six new ones in recent years. This means that it is slowly closing noticeable gaps against the competition and is expanding its luxury and lifestyle portfolio in particular, said Mario Maxeiner, CEO Northern Europe, Russia, CIS and Georgia, at a press lunch this week.

Brussels/Munich/Berlin. Bureaucracy in Europe has its pitfalls, especially since regulations differ not only between individual countries, but also between their individual states. A summary of recent developments on EU sustainability reporting, special cases in Bavaria and the planned German immigration law.

Augsburg. Mini messages about noteworthy events of the last week(s): Accor/Graz and Sofitel Barcelona, Bellavista/Sardinia, Cadogan/London, Cape of Senses/Lake Garda, Castello/Milan, Choice EMEA/Sleep Inn, Club Med/Alps, Hilton/Klagenfurt, IHG/Al Khobar, Kempinski/Western Turkey, Kerzner/Dubai, Limehome/Porto, Marriott/Frankfurt and Venice, Meliá, Sicily, Nobu/Abu Dhabi, Nolinski/Venice, Noma/Rome, Orascom/ El Gouna, Radisson/Nice, Romantik/Zusmarshausen, Schörghuber/Lenggries, Warimpex/Results, Zleep/Madrid Airport.