News & Stories
London. The current turbulence in the market has affected hotel investors' yield requirements for new acquisitions however some Central & Eastern Europe cities are showing stable yield requirements in the medium term indicating continuing investor interest in the region - reports Jones Lang LaSalle Hotels' latest issue of the Hotel Investor Sentiment Survey. According to the report, Germany's hotel investment market becomes one of the leading countries in 'buy intentions'.
Munich. This book is the first of its kind, and enters the market at a time when real estate and investment discussions have finally gripped all of Germany. Under the English title of "Hotel Real Estate Management", the book describes basic knowledge about hotel real estate as well as special areas and case studies.
New York. Taking its indoor style to the outdoors, IHG's upscale extended-stay hotel brand, Staybridge Suites, just announced another way how to encourage guest interaction and fostering a sense of residential community among long-stay guests.
Bregenz. The sensation comes at the beginning, the profit at the end. When it comes to tourism architecture, daring new concepts pay off, as the Austrian study of "Architektur macht Gaeste" shows. "Less than one percent of all tourist buildings in Austria belong to modern quality architecture," says the architect Bibiane Hromas about the current situation in front of roughly 100 tourist experts and architects at the start of the symposium of "Architektur macht Gäste" in Bregenz. But avant-gardists of the scene revealed: innovative construction projects pay off in economic terms as well.
Munich. Viador Ltd will be the name of the new joint venture between Vivico Real Estate and the Feuring Group. Company headquarters will be in Frankfurt. Area of work will include market and location evaluation and hotel development.
Munich. The rapidly expanding Eastern European market still brings with it its own particular palette of problems and risks. Still, ten years subsequent to the first wave of Western investment, the markets are still ridden with legal uncertainty and - at least from a western perspective - false impressions with regard to hotel locations and concepts. One huge problem comes in the form of massively overvalued land, minimising added value for hotel owners and operators right from the very start.
Munich. The flow of capital does not stop, but investors change. Lease agreements could gain in attractiveness and hotel management companies will invest in real estate again. Three issues in the discussion about hotel real estate that were the prelude to the "Hospitality Industry Dialogue" last Monday at the start of the commercial real estate fair Expo Real in Munich.