News & Stories

London. While 2021 witnessed improvement in many European hotel markets, the recovery has been uneven, with cities continuing to lag behind holiday and provincial locations. The downward spiral in the cities has moved even further downwards for this in 2021. Notably, Germany has overall underperformed compared to the European averages.

Augsburg. Mini-messages about noteworthy events of the last week(s): B&B/Resort, BWH/Italy, Edyn/Zurich, Hilton/Florence, HR/Rotterdam, Hyatt/Santorin, Mandarin/Greece, Marriott/Florence, Milano Marittima/Cortina Mare, Novum/Berlin, Numa/Capital, Preferred/New Additions, Radisson/Barcelona and Greece, Sani Resort/Enlargement, Space Hotels/Tuscany, TH Group/Italy, Value One/Bologna, Wojo/Germany.

Augsburg. With 310.3 million overnight stays, tourism in Germany recorded an increase of 2.7% in the whole of last year. However, this is still 37.4% less than in 2019.

Düsseldorf. Roatel has opened its first hotels in converted sea freight containers on German motorways and has big expansion plans.

Augsburg. Mini-messages about noteworthy events of the last week(s): Avani/Muscat, Blackstone/Italy, Cook's Club/Corfu, Dalata/Düsseldorf, Dormero/Reutlingen, Fabilia/Italy, Garibaldi /Umbria, E&V/Fund, Four Seasons/Cascade, Hilton/Double Tree, Human Company/Eco-Camping, IHG/Düsseldorf, Sixth Street/Sardinia, Starhotels/Venice, Stayery/Frankfurt, STR/2021 EME, Villa Capri/Athesia, Zoku/Paris.

London. A London-based fund initiator and advisor and a German-based new hotel operating company have stepped up to buy and operate hotels in Europe. The first deal in Dortmund has taken place.

Augsburg. Mini-messages about noteworthy events of the last week(s): Althoff/Stuttgart, Amedia/Milan, Baglioni/Apulia, Barceló/Railway, Boutique/Saudi Arabia, B&B/Italy, B&L/Loan, Caravaning/Sales, CBRE/Italy, Drees& Sommer/Werkbank IT, Dubai Parks/Lego UAE, Duo. Mo/Auction, Hyatt/London, LE/US Pipeline, Marriott/London, Ras Al Khaimah/Wynns, Rocco Forte/Frankfurt, Schwaiger/Munich, Staycity/Paris, Steigenberger/Berlin Los Angeles Platz Tapestry Coll/Rome, Venice/Amco.

Paris. While 2021 was hardly banner for the French hotel sector, it seems to have resisted the Corona-related downturn better than was the case in other European countries.

Gurgaon. The pandemic was "a cyclone that wiped out our numbers by 66% in growth margin in a period of 30 days only," told Oyo CEO Ritesh Agrawal Bloomberg. The group is losing ground worldwide, but still wants to go public in the next few days hoping for a valuation 10 billion dollars.

Munich. An extreme time delay and cost increase are now causing the Mandarin Oriental Munich to change the use of the supplementary building with suites and residences on the other side of the street, which was announced in 2014. The decision has been made.