News & Stories

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.

Frankfurt. The development of the German hotel investment market was clearly negative in the first quarter of 2021, but less disastrous than expected.

London. Sharp declines in revenue caused by the pandemic coupled with a more cautious approach to lending has prompted hotel valuations in Europe to fall over the past 12 months, although not as steeply as initially anticipated.

Augsburg. Are these concepts still hotels, serviced apartments or they just spruced up, functional temporary living spaces? No food is on offer and staff only in case of emergency. And yet despite all this, venture capitalists are investing millions in concepts like Cosi and Limehome. But why do they need real estate? In reality, they’re just selling software packages.

Berlin. The restructuring of the hotel market is accelerating in the medium to long term. The return on Serviced Apartments currently even beats that of residential investments.

Munich. The deck is being reshuffled on the real estate markets. And the return to normality is much more complex than expected. For many hotels, this could soon spell the end. But what will become of distressed hotels and construction projects? Repurposing, conversion? Easier said than done. High costs of remodelling, floor plans and various extras make a quick conversion an elusive target.

Milan/Rome. A segment hit hard by the pandemic still has a bright future in the medium period and especially in the leisure market. This is how the hotel industry is viewed by some of the most important asset management companies in Italy.

Munich. Successful operator models are struggling due to Covid-19 – as several owners are unwilling to compromise during the crisis. This Tuesday, MHP Hotels operating four Le Méridien Hotels in Germany, terminated its agreement for the former Parkhotel near Frankfurt central station. "That is not nice, but it doesn't throw us off track either," says MHP's Managing Director Joerg Frehse. At the same time, he asks himself: What else can you do? We remain cooperative and transparent, adjust all the sales parameters, and generate enough revenue to be able to keep the hotels open even during the crisis.

Madrid. Recently, many media have echoed the sale of hundreds of Spanish hotels through websites usually focused on homes or properties or even other types of goods, such as used cars. There seems to be a feeling that the pandemic has opened the spigot of online sales, but the reality is somewhat more complex.