News & Stories

Berlin. Inflation and supply bottlenecks are developing into an explosive pair: the second price wave in autumn will be much more severe than the first, warned the experts of the purchasing company Progros during their "Top Supply" congress at the Estrel Berlin on Tuesday. Control can only be maintained through tight purchasing management and digital tools. But many hoteliers are still far away from this, as sober figures show.

London. A week apart, both American Airlines and IHG were the victims of cyberattacks. A weak password has put the hotel group in a delicate situation as the hackers deleted precious data …"for fun". Safety experts explain mistakes and precautions.

Munich. What hospitalityInside already researched last week on a small scale, is now confirmed more extensively by a comparison portal with regard to the Munich Oktoberfest, which starts tomorrow: Individual hotels increase their prices by up to 463% for the Wiesn. And a litre of beer in the tent costs up to 13.80 euros.

Wiesbaden. Swiss politicians are already considering the closure of hotel pools and saunas. Will German politicians follow suit? The looming evil of the gas emergency is becoming more concrete. The German hospitality industry is also threatened with compulsory masks again in autumn. Germany continues to regulate itself to death. The only positive thing in recent days: VAT on food and beverages remains at 7%.

Atlanta. With the slump in profitability, franchisors in the USA have approached franchisees differently. No wonder: In 2020, the average hotel saw a 108% decline in EBITDA, resulting in a 5.5% drop in EBITDA margin.

London. Consumers want to travel despite the current economic uncertainty. Travel is even considered the most important category for consumer spending in the coming twelve months. Demand for FinTech and pay-by-payment is on the rise as travellers look to split the cost of their holiday.

Augsburg. Room rate mark-ups are now a must, everyone thinks. Some are also considering cold rates for rooms or are already focusing on new buying groups. And everyone is now calling on policymakers to act all the more in the wake of the corona disaster. UBM Development, Romantik Hotels, B&B Hotels, Seetel Hotels, Smartments Business and private hotels report on their position and criticise the political response.

Augsburg. It's a bizarre summer: good business on the one hand – and presumably none left in winter? Bookings are already petering out in view of the gas crisis. Behind the scenes, the frustration is palpable: Energy costs have doubled from about 5% of sales to about 10%. That alone calls into question the business model for the vast majority.

Berlin. The expected structural change in the beleaguered city hotel industry continues to take shape. Now LaSalle Investment and Numa want to buy private city hotels in Western Europe and reposition them according to the changed market opportunities.

Berlin. Whether government parties or the opposition, all representatives of the four major parliamentary groups in Berlin assured the 70 or so representatives from tourism, hospitality and the food industry that they hold regular discussions with them in the future; that they'd learn from them and so help the industry to boost its profile within German politics. The new members and invited guests of the Union der Wirtschaft think tank, established in May 2021, met in Paul Löbe House: The disaster that befell the industry as a result of corona has given birth to new lobbying initiatives! And this first with politicians marked a successful start.