News & Stories
Munich. British real estate brokers are startled: in the European hotel industry, there has been an increase of emergency sales, especially at the end of 2009. In the mean time, every second transaction in EMEA has become an emergency sale.
Wiesbaden. Are management reports by German real estate companies up to the demands of capital markets? A survey and analysis of end of year reports revealed: Transparency is lacking.
Munich. From now on, a new hotel operating company is active on the German market, and soon also on all German-speaking markets: Berlin Munich Hospitality Group GmbH headquartered in Munich. Dirk Feid, who has been the head of Treugast Consulting, will be Managing Director. The new company will form an alliance with Treugast. BMHG will now act as master franchisor for hotel chains.
Andermatt. The dream of a large skiing resort near Andermatt is over. A cable car will not be authorised. This is an enormous drawback for the development of the mega resort of Andermatt, which is being realised by the Egyptian investor Samih Sawiris.
Frankfurt. Although the short-term prospects for the hotel market in the EMEA region, with the exception of London, are still viewed by investors with pessimism, investors expect positive developments in the medium-term for 20 of 35 markets. In particular, investors have confidence in German hotel markets, especially Munich and Hamburg.
St. Petersburg. Thirty-one million travellers within Russia make a compelling case for looking at the attempts by two Russian cities to meet the demand for accommodation from these travellers. Delegates at the recent Russian and CIS Hotel Investment Conference were informed by representatives from the cities of Novgorod and St Petersburg, where the conference took place.
Munich. At the commercial property trade fair, the Expo Real in Munich, hotels are only a sideline. All the same, there's always news. A selection.
Munich. With its experience concept in the Park-Hotel Hagenbeck, Lindner Hotels & Resorts received the award "Hotel Property of the Year". The "Hospitality Innovation Award" was awarded to Meininger City Hostels & Hotels and the wombat's group. The awards were presented at the "hotelforum" gala evening in the Hotel Bayerischer Hof in Munich.
Munich. Most mayors dream of an international upper-class brand hotel in their city for some more prestige in the world. In a panel discussion at the "Hospitality Industry Dialogue", the hotel conference of Expo Real in Munich, experts took a close look at the question: "Why do secondary or tertiary locations need luxurious hotels?", and held out practically no prospect for small local councils that their plans will ever be realised.
Munich. Developers and operators still receive abundant offers for hotel projects, but the market is getting more and more differentiated. Requirements for operators are changing again. Last Monday, project developers and hoteliers discussed the question of "Yes, no, perhaps? - Project developers in favour with the banks" at the "Hospitality Industry Dialogue", the hotel conference at Expo Real in Munich.