News & Stories
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.
The AccorInvest deal, which was announced back in June, now allows B&B Hotels to take over 30 ibis Budget Hotels in Germany. A total of four parties were involved.
Heavy rain, hail, flooding and heat increase the risks and costs for property. An analysis of German cities shows this. Only a few companies are taking this seriously.
Between interest rate cuts, major events and ESG - the 2024 half-time for the European hotel market shows a rollercoaster of emotions. Overall, it has gained significant momentum. The DACH region is still lagging behind in the race to catch up, while Southern Europe and the UK are the winners.