News & Stories

Would you forge business networks with your competitors? And turn it into a key success factor? Attendees at the 4th New Work networking event in Salzburg were convinced by this concept. The research group behind it trains New Work coaches and builds databases, among other initiatives.

90% of 30 CEOs identify geopolitical instability as a major threat. At the same time, 67% are optimistic about further demand growth in 2027. Also, 90% believe AI will fundamentally reshape hospitality. The industry is alert and confident, reveals an international survey.

The Revo insolvency is visibly reshaping the market. The Indian tech and hotel operator PRISM is the biggest beneficiary. Will it become the largest operator in Germany? How will the franchisors react? At Expo Real's conference stage, Prism, Odyssey, Wyndham and Accor took seats.

Well-known budget hotel brands in Germany continue to outperform the market despite challenging conditions. However, other segments are also posting strong results in terms of room rates and occupancy, while new operators are entering the market. Overall, the outlook for Germany remains subdued.

It is a specialised form of space optimisation through which ATworld, a subsidiary of Aroundtown, integrates well-known hotel chains and airport lounges. Digital nomads and business travellers are breathing new life into dreary lobbies and empty workspaces. Via an app and a subscription, with a social twist and extra services. There are 2,500 locations available to book.

“How can you sell a product when you already know that the average rate achieved won’t generate a sufficient profit? RevPAR is under massive pressure in many markets.” These are the critical words of Dirk Iserlohe, CEO of Honestis AG. He warns of a significant fall in RevPAR. 

The hospitality sector asked the previous Starmer government for three things over two years. It received almost none of them. Andy Burnham has changed the tone, but the public finances that blocked those requests remain unchanged. Hotels should expect a long wait.

How is PRISM organised from an operational perspective? How is an Indian tech company taking over German hotels? In a bumpy and disorganised way is the answer. Suddenly, an auditor from India turns up unannounced in the lobby; ad hoc requests for system access are made; the hotel staff are frustrated; and those who have spontaneously been handed their notice at are still trembling.

As one of the first hotel chains worldwide, the Radisson Hotel Group launched an AI-powered price-matching system across all distribution channels in June. Guests/customers no longer have to search for a better deal. As a result, the Best Price Guarantee has been discontinued. The details.

From Poitiers to Germany to the UK, residents left their own homes to book air-conditioned hotel rooms for several nights during the latest heatwave. Searches for rooms with air conditioning and pools surged across OTA platforms.