
News & Stories
Munich. "We need deals!" and "I'll not venture a forecast for 2015" … The statements by the hotel professionals moved between these two comments. Core statements regarding the current situation in the hotel real estate world follow here.
Paris. Exciting times for Louvre Hotels: Starwood Capital has now been actively offering to sell the hotel group and alongside this, Louvre's own planned takeover of the German Balladins Hotels has just burst even though the deal had already been announced as concluded. In contrast, other various projects are successfully progressing. Moreover: An operator change is approaching at the InterContinental Berchtesgaden.
Munich. Hotel real estate in Germany has never been so popular. And for this reason, it would be easy to believe that the run on the best locations is placing developers under pressure. Not so: There is still enough potential in the country. And even the operators remain optimistic and are refining their location selection. These were the revelations at the Expo Real hotel conference "Hospitality Industry Dialogue".
Munich. Lindner Investment Management GmbH from Dusseldorf is taking over the Resort Land Fleesensee in Germany as well as two resorts on Tenerife and Ibiza. New concepts should lend a helpful boost to the German mega resort as well as the Iberian resorts.
Munich. The panel at Expo Real's hotel conference "Hospitality Industry Dialogue" on Monday left a somewhat fragmented picture of the prospects for the European hotel market. Talking about Europe's finance and market peculiarities, clearly, the volume of transactions seems set to increase, but the economy remains a challenge with the IMF predicting that the Eurozone will fall into recession for the third time since the financial crisis. Also, the Russian sanctions are taking their toll in terms of reduced tourism in western and central Europe and problems for financing hotel development in Russia.
London. Germany remains everybody's darling, says HVS London in its recent hotel market report to be promoted at Expo Real Munich next week. But is it also "The Investor's Darling?" In another analysis, JLL's International Capital Group talks about the importance of all German investors pumping billions of dollars into international real estate.
Berne. In economic terms, weak hotels in Switzerland are not allowed to convert their businesses into second homes. This is probably the start of the feared structural change.
Munich. "Everything is moving – and underway!" That is the message to be sent out by the key players of the apartment sector at this year's Expo Real. For the first time, the biggest competitors on the German market in this segment will present themselves together at the hotel conference on Monday: Accor/Adagio, Adina, Ascott/Citadines, Derag Livinghotels, Marriott, and Boardinghouse Consulting will be introducing their jointly worked out definitions and standards. One of the initial results: They want to act under the common designation of "apartment hotel" or "aparthotel", thus coining and defining this term for the industry.
Rosy outlook
Berlin. With Scotland's "no" to independence last week, the EU has one less problem to worry about. France and Italy on the other hand continue to weigh on Europe's prospects - as does Ebola and the Islamic State from more distant locations. Nevertheless, both the Chief Economist of DZ Bank, Stefan Bielmeier and Christoph Haerle, CEO EMEA at JLL Hotels & Hospitality Group expect good times ahead for the sector. The 6th "Hogan Lovells Hotel Day" two weeks ago in the new Sofitel Ku'damm Berlin raised questions as to the economy and, in particular, on franchising. In its usual informal setting with renowned real estate and investment hotel experts, the forum prepared the ground for a whole range of conversations at the upcoming Expo Real.
Baden-Baden. According to yesterday's edition of "Immobilienzeitung", Dorint Hotel Messmer in Baden-Baden is soon to be vacated and put up for compulsory sale, as the hotel operator has no longer paid the lease. Dirk Iserlohe, Managing Partner of Dorint's parent company E&P from Cologne, told hospitalityInside.com yesterday that the business will continue.




