
News & Stories
Dubai. The 'living local' trend has gained strong momentum in 2021, with travelers igniting their passion for rediscovering closer-to-home destinations and experiences. Staycation turned into daycation.
Munich. When will all segments of the German hotel industry recover? Expert forecasts vary, with some as early as 2022 and others at 2025. At present, the European market is clearly improving, but the repayment of corona loans, diminished equity capital and increased costs for energy, employees and more are heavy burden on the shoulders of the entrepreneurs: Most are now ready to hike rates. Self-critical insights from the Expo Real hotel conference.
News Mix
Augsburg. Under the keyword "News-Mix" you will find mini-messages about noteworthy events of the last week(s): Accor/Split, Ascott/Lyf, Best Western/Graz, Billionaires' World, Canarian Hospitality/Tenerife, Centro/Eviction, Dorint/Cologne, Euregio Connect/Foundation, G&S/Augsburg, Harry's Home/Bischofshofen, Hyatt/Düsseldorf, Ikos/Mallorca, Meliá/Cyber Attack, NH/Copenhagen, Numa/Heym Collections, Palladium/Valencia, Precise/Tuscany, Preferred/Growth, Radisson/Graz, Romantik/Heritage Hotels, TUI/Capital Increase.
Madrid. Eased travel restrictions and progress in global immunisation roll-out led to a slight upturn in international tourism in June and July 2021. A rapid further recovery is hampered by inconsistent rules and vaccination rates.
News Mix
Augsburg. Under the keyword "News-Mix" you will find mini-messages about noteworthy events of the last week(s): Accor/Singen, Adina/Munich, Aethos Club/Milan, Allegroitalia/Salsomaggiore Terme, Badrutt's/El Paradiso, Dimora Palanca/Florence, Dorint/Kitzbühel, GBI/Heidelberg, HolidayCheck/Delisting, IHG/Milan, INC/Parma, Int. Campus/HVNS, Ipartment/Beiersdorf, Joyn/Düsseldorf, One & Only/Montenegro, Marriott/W, Rocco Forte/Italy, Staycity/London, Manchester, Lisbon.
Rostock. Deutsche Seereederei has announced that it will only develop its hotel properties in an ESG-compliant manner and in accordance with the EU Green Deal. It does not give any details.
Augsburg. The Serviced Apartment segment, which already proved more resistant than the classic hotel industry during the crisis, remains successful in Germany: Already be this summer and in September, it was recording close to pre-corona levels again. This was also due to the leisure business, which is new to many operators. There is still room for improvement in terms of rates.
Geneve. The consequences of the pandemic will still be felt by city hoteliers in Europe until 2024; only then will business travel be back in its old form. However, the now successful leisure hotels will also be affected by the massive new supply from 2022. Overall, occupancy and RevPAR will shrink significantly in percentage points. STR summarised the European scenario.
Berlin. The industry is currently walking somewhere between relief and disillusionment. This was shown at the annual conference of the German Hotel Association IHA this week in Berlin. The loss of employees is having a massive impact, yet some still believe that their industry is sexy enough.
News Mix
Augsburg. Under the keyword "News-Mix" you will find mini-messages about noteworthy events of the last week(s): BWH/Worldhotels, CWT/Redevelopment, Hyatt/Share Offer, Louvre/Hosho, NH/Denmark, Marriott/W Florence, Nakheel/Porto Montenegro, Premier Inn/Berlin, Radisson/Milan, RIMC/Bunker Hamburg, Valor/City Blue Hotels.