News & Stories
The global hotel development pipeline reaches a historic milestone with over 15,800 projects at Q4 2024. The United States and China account for 64% of this. And the European pipeline is also well-filled with 1,661 projects.
After four uncertain years, the Austrian hotel market is showing positive trends again. Significant transactions were concluded in Vienna in particular in 2024, with the capital's airport surpassing the pre-coronavirus year in terms of passenger numbers.
Germany has been in a structural crisis for four years. The ZIA Expert Council forecasts another challenging year for the real estate industry - and explains to politicians what is urgently needed for a rapid economic turnaround. Hotels and serviced apartments have held up well overall due to good demand, but it is important to take a close look here too.
In Europe's Alpine region, the altitude determines the appeal of the destination. It also drives up the price of tourist real estate. This can also be observed globally - although top US ski resorts play in a different league to Tyrol and the like. In Aspen, for example, the super-rich spend around 85,000 euros per square metre on their vacation home. A report reveals more.
In Italy, the hospitality industry is also a growing and attractive asset class. Foreign investors are back again, and hungry, domestic operators have an appetite for asset-light AND asset-heavy. At a conferencein Rome, the differences became clear.
Investors and tenants alike are increasingly looking for "low-carbon space". However, the supply is scarce and stands in contrast to the willingness to take energy-saving measures. These help to increase the value of properties. This also applies to hotels.
Large warehouses are becoming slowly extinct and retail as well as office spaces are vacant. The unused properties are being transformed into hotels, amongst others. Such conversions can be successful, but they have their pitfalls as it became obvious at a panel discussion at the Expo Real hotel conference.
The rigidity is loosening slowly: hotel transactions in Germany are picking up. This has also been confirmed by market analyses of major brokers one day after Expo Real Munich. The details.
Green, the colour of hope and sustainability, certainly stood out from the usual business grey of Expo Real visitors. Good conversations, many visitors and a lively atmosphere created an absolutely positive mood in the hotel industry, very different from 2023. It was the hour of the professionals and the subtleties.
Platform-based business models are conquering the property sector. A platform for asset managers, investors and asset management companies has been launched that aims to bring together the best partners for asset management in the future.