
News & Stories
News Mix
Wiesbaden. The keyword "News-Mix" will bring to you tiny bits of news about considerable events of the past week(s): Accor/ibis Styles Parndorf, Ascott/lyf, Azora/Fund, B&B/Bar and Chemnitz/Rust, Blue Bay/Merger, Fibona/Légère, Meliá/Spanish Isles, Orascom/El Gouna, Sercotel/Sale, Stayery/Stuttgart.
News Mix
Wiesbaden. The keyword "News-Mix" will bring to you tiny bits of news about considerable events of the past week(s): Accor/Tribe Italy, Ascott/Sales, Barceló/San Sebastian, Barcelona/Corona, B&B/Eisenach, Brera/Ulm and Frankfurt, Excelsior Venice Lido/Iconic Luxury, Grand Hotel Quisisana/LVMH, Grand Hotel Principe/Gruppo GB, Hyatt/Mallorca withdrawal and The Unbound Mijas, MRPl/Bauer Venice, Radisson Red/Aarhus, Room Mate Macarena/Madrid, Rosewood/Shanghai, Schörghuber/Results 2019, The Living Circle/Alex at Lake Zurick, TUI Blue/Schruns, VOIhotels/Venice, Wyndham/Q2 2020.
Thame. A battle seems to have broken out in the UK over the approximately 590 hotels of the Travelodge brand. One trigger: In June, the company announced a restructuring plan that apparently met with little approval from many landlords. In the race to win the favour of the dissatisfied landlords, well-known names are involved, above all Accor with ibis Budget.
News Mix
Wiesbaden. The keyword "News-Mix" will bring to you tiny bits of news about considerable events of the past week(s): Austria/Hotel Investment Market, B&B/Hanover 3, citizenM/GBI, Design Hotels/Osaka, IHG/HI Express Budapest and Amsterdam, Intercity/Paderborn, Mama Shelter/Luxembourg, Radisson/HY 2020, EMEA-Expansion, Royal Caribbean/Silversea, Ruby Ella/Cologne.
Berlin. The serviced apartment segment is flying further, only not as high. By the end of 2022 a secured growth of 50% to over 50,300 units can be expected. In 2023, however, a slowdown in growth will set in. In the Corona months, it has beaten the classic hotel industry.
Stuttgart. The 50 top-selling hotel companies in Germany continued to grow noticeably in 2019. Their net total turnover grew for the tenth year in succession. Changes at the top of the table and in the midfield were often due to mergers – a trend that is likely to continue.
News Mix
Wiesbaden. The keyword "News-Mix" will bring to you tiny bits of news about considerable events of the past week(s): Ateca/Uzbekistan, Aldiana/DER Touristic, BWH/Growth, Bulgari/Rome, Deutsche Hospitality/Zleep Zurich, Grand Hyatt/Limassol, Radisson/Istanbul, Cortina d’Ampezzo, Rocco Forte/Milan, Rosewood/Porto Cervo, Sofitel Berlin/Insolvency, Soravia/Building Cleaning, SV Group/Schloss Laufen.
Rome. The open Schengen borders did not encourage travel to Italy in June and will not in July. International guests are missing all over. Occupancy was down by 80.6% in June. The forecast for the year 2020 is depressing: There is literally no travel season. The industry will lose 16.3 billion euros in revenue. In addition, the government is discussing the extension of the state of emergency until the end of this year.
Frankfurt/Berlin. In the second quarter of 2020, investors trusted almost only hotels in the core segment, otherwise the passion for the asset class hotel cooled down considerably. Accordingly, transaction figures in the German market fell. Depending on the standard of comparison, however, the professionals do not yet judge the whole development as a catastrophe.
Frankfurt. The German hotel investment market has suffered losses of an unprecedented magnitude due to Corona. In just eight transactions between April and the end of June, investors took 260 million euros to buy hotel properties. Three months earlier, 1 billion euros and 27 transactions could still be accounted for.