News & Stories

Hamburg/Lochau. Since the beginning of November, a fierce legal battle has been going on between the Hamburg hotel operator RIMC and the owner of the Seehotel am Kaiserstrand in Lochau am Vorarlberg, Austria. Obviously, it is "only" about wanting to sell an attractive property without an operator. The whole procedure does not cast a good light on the owner at the moment.

Metz. While the European hotel industry was still heavily impacted by the continuing pandemic during the first half of 2021, signs have been pointing to recovery since summer. This is also felt by one of Europe's largest hotel owners, Covivio Hotels, with a portfolio of 333 hotels and 45,768 rooms.

Frankfurt/Main. The investment volume on the German hotel real estate market is still clearly behind the boom years in the third quarter of 2021. However, distress sales are largely absent, prices are rather stable and experts are forecasting a further upswing.

Munich. Demolish or build new? This is no longer decided by the builder, but by the economic cycle of the building. The main drivers for sustainable construction are the people/customers, not the investors. Authorities and banks have also not yet got used to 'building for the future'. This relies on digital tools for more efficient planning and cost savings. Practical experience - just in time for Expo Real 2021.

Berlin. More franchise, a new own brand and, despite Corona, the desire for further lease contracts. This was announced by Andreas Erben of Primestar Hospitality at the end of June. The own brand will have a hotel, living and long-stay character, a young platform will help in distribution. Details.

Madrid. During the first half of 2021, transactions in the Spanish hospitality industry has seen one of the best results of the last 15 years: more than 1 billion euros of global total investment.

Frankfurt/M. The banks continue to keep the money taps closed for hotel investments in Germany, the equity requirements have increased enormously in the corona crisis. Nevertheless, there are signs of a delicate upswing on the market.

Berlin/Portsmouth. In Germany's A-destinations, project developments in the hotel sector have decreased significantly in 2020. Overall, however, the European market remains robust, many projects were merely postponed.

Hamburg. The market volume of German hotels fell by around 10% in 2020. Low performance of operators temporarily reduces value.

Frankfurt. New hotel construction in Germany is now visibly shrinking. A-locations are losing popularity. B, C and D locations already account for over two-thirds of rooms. Specialised knowledge is now more in demand than ever.