
News & Stories
Munich. Within two years to 100 hotels. Martin Smura, CEO Kempinski, is heavily revving up. The 12.18 investment company is his co-driver, and both companies aim at adding 20 new resorts and city hotels. An extremely ambitious goal in these times.
Munich. "We wanted to buy a new safe for a hotel," reported Andreas Erben, CEO at GSH/Gorgeous Smiling Hotels at Expo Real. "But at the moment, all safes are sold out, the waiting time is eight months." In other words: Money is worth nothing anymore. The economy is at the edge right now. It smells like 2007/2008. But nobody wanted to hear about that at Expo Real this week in Munich. In the hotel asset class, the mood was still "very good". The remaining concerns were just washed down during the numerous parties.
Augsburg. Under the keyword "Expo Real-Mix" there are mini-messages about noteworthy results of the biggest real estate investment fair in Europe: GSH/takeover, IHG/Deals, Me and all/Leipzig, Meininger/Paris, Plaza/Hamburg, Radisson/Rostock, SV Hotel/Munich.
News Mix
Augsburg. The keyword "News-Mix" will bring to you tiny bits of news about considerable events of the past week(s): CityHub/Copenhagen, Cocoon/Munich, GBI/Nuremberg, Hyatt/Dublin, Kempinsiki/Mecca, Radisson/Tunis, Steigenberger/Egypt, St. Regis/Venice, Südreal Group/Karlsruhe.
Munich. Three well-known companies remained at the top of the Treugast Investment Ranking, and three companies that have been highly active in Germany were added to the ranking. There was also little surprise regarding the Most Wanted Investment Partner. Its name is Motel One again.
Munich. Overall, hotel operating companies active in Germany look positively into the future, whereas resort destinations and low-budget and budget hotels are considered the most promising categories. Excessively high construction costs slow down expansion.
Munich. The hotel industry experienced a significant decline in RevPAR in a number of major European cities this summer. The reasons are various: Firstly, ever greater new capacities are meanwhile very noticeable, secondly, economic influences are playing a role, and thirdly, new tech companies from Asia are increasingly disrupting the established balance in the hotel industry. With appropriate facts and figures, Robin Rossmann, Managing Director of the data analyst company STR, showed the clouds on the horizon at Expo Real’s "Hospitality Industry Dialogue".
Frankfurt. In the first three quarters of 2019, a transaction volume of EUR 2.47 billion was realised on the German hotel investment market – a decline of 16.5% compared with the previous year. In the top 7 markets in particular, there was a noticeable decline in transactions, down 44% to EUR 1.25 billion.
News Mix
Augburg. The keyword "News-Mix" will bring to you tiny bits of news about considerable events of the past week(s): Accor/Greet, B&B/Bielefeld, CityHub/Copenhagen, CoStar/STR, Covivio/Dedica Anthology, Dorint/Essen and Herford, Dr. Peters/Karlsruhe, GSH/Bremen, Hyatt/Madrid, prizotel/Berlin, Radisson/Southern Europe and Kenia, Rocco Forte/House Rome, S&P/Novum Hamburg, Schani/Munich, Stayery/CBRE JV, Union Investment/Amsterdam and Berlin, Warimpex/Paris.
Paris. The French hotel market is currently in good shape. And it’s not only Paris, but also the regional markets, attracting investors with strong capital resources thanks to positive framework conditions. The flip side of the coin: There are too few products.