News & Stories

Paris. The French real estate group Quartus is entering the hospitality world at full speed. The company is specialized in retirement homes, residential and industrial buildings. Quartus is springing into action outside its core business – just like AccorHotels is doing by partnering with the French industrial group Bouygues' Nextdoor subsidiary. It focuses on co-working spaces.

Frankfurt. Despite the comparably weak result in the second quarter, the transaction volume in the German hotel property market added up to 1.79 billion euros in the first half of the year. However, the development has slowed down for the most part.

Wiesbaden. The real estate boom in Germany is increasingly bringing C locations into the investor focus – for lack of A and B location alternatives. Yet there is disagreement even about what counts as a C location. And operating hotels in such locations is not a job for anyone. To make a success of it, special concepts and specialist operators are required. Local knowledge, local capital and local franchisees can have a positive impact here. Alongside classic hotels, Serviced Apartments can also work in C locations. The assessment of the hotel experts.

Frankfurt. In the first quarter 2017, the volume in the European investment market decreased, even Great Britain reports a slight minus caused by Brexit. In France, the drop has been extreme. In southern Europe, the markets increased. The undisputed top dog is Germany.

Dubai. Dubai is making headlines with a new mega project: the Marsa Al Arab. The EUR 1.5 billion complex will stretch along both sides of the Burj Al Arab - on reclaimed land as well as in the water. It will be operated by the Jumeirah Hotel Group, though at the same time will place into question the exclusivity of its current hotels at the private beach.

Wiesbaden. Institutional investors in the accommodation sector have a new darling: hostels. The investments in A&O and Meininger Hotels have generated awareness within the industry. But ever since the recent million-euro deal concerning Generator Hostels, people agree: this market still has huge potential. Thanks to the selling of beds and the slim infrastructure, these concepts pay off better and faster than budget. Even groups like A&O, which want to upgrade in F&B, are not endangering this calculation so far.

Munich. According to the business magazine Estates Gazette, AccorHotels stands immediately before the planned sale of its real estate division AccorInvest, the German real estate newspaper Immobilienzeitung reported yesterday.

Frankfurt. The German hotel investment market continues its ascent from 2016 into the first quarter of 2017. The real estate consultancy CBRE puts transaction volume for the first three months at around EUR 1.15 billion.

Madrid. Hospitality investment in Spain reached 2.184 million euros in 2016, 16.5% less than in 2015 with 2.614 million euros, the year with the best figures in history. 

Vienna. With the freshly established "Hospitality Development AG", Soravia Capital will move deeper into the field of hospitality next year. The capital arm of the Austria Soravia Group plans to intensify investment in classic and lifestyle hotels, though above all in serviced apartments and in other long-stay accommodation options as well as in residential property.