News & Stories

Munich. We are writing in the 8th month of the Corona pandemic. The first massive lockdown in spring already stripped the German tourism industry to its foundations. Now, a new "Lockdown Light" has been decreed: In November, restaurants and hotels must once again shut their doors, the German government announced two days ago. If the business hotels reopen in December, how far will rates have fallen by then? We made a flash test this week, asking for the current rates in five cities, at B&B, Dorint, Holiday Inn Express, Motel One, Moxy, NH, Novotel, Premier Inn, Radisson and Steigenberger.

Augsburg. The keyword "News-Mix" conceals mini-messages about noteworthy events of the last week(s): Accor/Revenue Q3, Achat/Airport Berlin, Arsenale/Soho House Roma and Rosewood Venice, Ascott Limited/Citadines Danube City Vienna, Azumi/Adrian Zecha, Berghotel Biberkopf/Warth, Best Western Italy/Cristallo Relais, Bettoja/Nord Nuova Roma, Felix/Sardinia, IHG/Mr & Mrs Smith, Klostergut Jakobsberg/Romantik, Marriott/Design Hotels, Omnia/Rose Garden Palace Rome, Radisson/Radisson Individuals.

Augsburg. Closed Moxy Hotels and ten IHG brand hotels in insolvency. These two events, behind which the franchisees Belvar and Event Hotels/Tidal are behind, are currently causing a lot of talk in the scene. hospitalityInside has done some research. Insolvencies for some, however, result in new opportunities for others, as the takeover of the former Sofitel Berlin now shows: From November on, the flag of the German Dorint Hotels will be waving there.

Nuremberg. Europeans have an average per capita purchasing power of €13,894 in 2020. However, disposable net income among the 42 studied countries varies significantly. Liechtensteiners have more than 37 times the average purchasing power of Ukrainians. The influence of Corona is already clearly noticeable.

Berlin. The ban on accommodation in Germany imposed last week has been collapsing since Wednesday. On Wednesday the Administrative Court of Baden-Württemberg was the first state to stop the federal government's regulatory frenzy by means of summary proceedings. The cut in the fundamental right to freedom of movement was disproportionate. Now other stats are following suit; last week 11 Länder had voted in favour of the regulation.

Munich. Actually, a floor-by-floor renovation was planned during ongoing operations. With the Corona lockdown in March 2020, owner Mandarin Oriental Hotel Group turned around and started the complete renovation of the rooms in May 2020 in the course of the complete closure. Now the luxury hotel strengthen its focus on leisure.

Augsburg. Under the keyword "News Mix" you will find mini-messages about noteworthy events of the last week(s): Alfons & Alfreda/BER Hotel, Bayerische Versorgungskammer/Adagio and IntercityHotel Heidelberg, Fährhaus Investment Group/Cab20, Hyatt/Malta, Louvre/Plateno, Nidag/Planet/Aye Media/Loreleyfelsen.

Augsburg. Under the keyword "News-Mix" you will find mini-messages about noteworthy events of the last week(s): a&o/Copenhagen, B&B/Munich Airport, CityHub/Copenhagen, IHG/HI Bicster, Maritim Berlin/Marriott, Marriott/SPT conflict, Novum/Hamburg-Eppendorf, Qatar/Hilton and Zulal, TUI/Musement, Wyndham/Super 8 Frankfurt Airport.

Frankfurt/Main. At first glance, the collapse appears dramatic. In the first three quarters, the transaction volume in the German hotel investment market amounted to EUR 1.63 billion. Compared to the same period of the previous year, this represents a decline of 34%. However, there are indeed signs of a slight recovery in the third quarter.

Budapest. The current crises effects Hungary's hotel market deeply, especially the capital Budapest where some hotels are still closed. A survey gives insights and applies for the extension of short-time work compensation for the hotel staff.