
News & Stories
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.
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.