
News & Stories
Milan. By 2026, there will be no less than 24,000 additional keys in 3, 4 and 5-star accommodations in Milan. Despite the crisis brought on by the pandemic, the Lombard capital city still attracts hotel investors.
Berlin. There is light at the end of the tunnel as concerns the performance of the global hotel industry, although no region has yet regained the level of operating profit achieved in July 2019 - well before the onset of the pandemic. The lastest GOP per available room figures prove the disastrous declines in room rate, profitability, housekeeping and labor costs, in particular in the comparison between the United States and Europe.
Frankfurt. Germany's hotel market is enjoying strong domestic demand, but will likely struggle until 2024 - depending on property type and location.
News Mix
Augsburg. Under the keyword "News-Mix" you will find mini-messages about noteworthy events of the last week(s): Accor/Sofitel Paris, Achat/Stuttgart, Ascott/Strasbourg, Barceló/Hilton, Best Western/Element, Catalonia/Italy, District Hive/Capsule Hotel, Duomo Luxury Apartments by Rosa Grand/Milan, Graduate Hotels/UK, Gruppo Una/Rome, IHG/The Hague, Logis/Ôrigine Artisans Hôteliers, Marine & Lawn/Debut, Paradise/Tuscany, Radisson/Saudi Arabia, Vico/Milano, Wyndham/Georgia.
Bern. The situation remains fragile for the Swiss hotel industry. Occupancy will remain low in autumn/winter, short-time work remains - as does the fear of a massive shortage of skilled workers. Higher turnovers so far have to be put into perspective.
Warsaw. The Polish hotel market has been in the midst of intensive growth for several years. As a result, new hotel brands and new hotel chains are entering the market with incredible speed, in the middle of the Covid-19 pandemic.
Munich/Hamburg. The luxury hotel Bayerischer Hof Munich sold its small Kitzbühel resort hotel to the owner of the Fairmont Hotel Vier Jahreszeiten Hamburg. And tour operator DER Touristik acquired a 50% stake in the small DSR Hotel Holding with the Arosa and a-ja brands. There is movement in the market.
News Mix
Augsburg. Under the keyword "News-Mix" you will find mini-messages about noteworthy events of the last week(s): Accor/Mövenpick Basel, Amano/East, Atlantic/Münster, Auberge Resorts/Florence, Brera/Böblingen, CDS/Florence, DeA Capital/CPI Property, DER Touristik/DSR Hotel Holding, GBI/Hamburg, Hogwarts/Bejing, Hyatt/Leisure, InterContinental/Barcelona, Mantis/Camp, Premier Inn/Stuttgart, Radisson/Italy, Seegatten/Pellworm, Six Senses/Luggage Free, TUI/Eurostar, Venice/Entrance Fee, Wyndham/Wroclaw.
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Berlin. Radisson reacts to the increasing challenges in the hotel market with a convertible room: from bedroom to office in 15 minutes, furthermore, the Jin Jiang subsidiary tackles resorts and residences more strongly. Choice Hotels is completely repositioning itself in the middle of the pandemic in EMEA, repositioning its brands and focusing on Longstay. Wyndham is the most positive: the stock market price shows the group as "recovered".
Berlin. The German government decided on Tuesday to extend the Bridging Aid III Plus until 31 December 2021 - which will help the city hotels in particular, but also the resort hotels should the autumn and winter business fail again.