News & Stories

Wiesbaden. At the beginning of the corona pandemic, many hotel developers were still confident that the slump in development would not be too drastic. Yet every project also needs an operator, and operators in particular could be more reticent in future given the dramatic drops in revenue and occasionally also uncooperative owners. hospitalityInside.com measured the mood and also asked about development trends.

Wiesbaden. How serious are the negative effects of the Corona crisis on the hotel real estate market? It is not yet clear. The industry is still struggling to get its operations back up and running at all. The real estate industry is supporting the hotel industry in this, but it will not be able to prevent the fall in prices.

Munich. Crisis, state of emergency, closed EU borders – the mobility of people around the world is decreasing by the hour. Coronavirus first attacks the tourism industry. While many operating companies and individual hotels are already struggling to survive, investors and owners are still quite relaxed: They invest for the long term and see corona only as a seasonal disruption. A snapshot by Beatrix Boutonnet.

London. Total European hotel transaction volume reached the highest annual level ever recorded last year – with €27.1 billion-worth of deals being struck. 2019 might have seen the last large investment volumes.

Milan. Italy's investment figures for the year 2019 prove: The Italian hotel real estate investment market has finally matured. The market boosted by 158%. Venice finally surpassed Rome as the most attractive destination for investors.

Frankfurt/Main. Virtual Reality, Instagram spots, more plants and local atmosphere: At its investors' meeting for the EMEA region, the Radisson Hotel Group introduced its future hotel design.

Washington. Trump's Washington DC hotel opened only three years ago – in October 2016 – and now it's up for sale – for a whopping US$500 million, which works out to over US$1.9 million per room for the 263-key property; this would be one of the highest prices ever paid for a hotel in Washington.

Munich. Mixed Use is on everyone's lips. Some understand it as various businesses and services under a single roof, while others see them on a single property next to one another, and sometimes the term is used in connection with developing new quarters. An illustrious discussion panel sheds a bit of light on the role of accommodation businesses and their perfect partners.

Munich. While most hotel companies are still seeking their salvation in the asset light strategy, companies that are focusing on hotel properties are currently profiting from the run on properties. However, at the end of the day, they are also dependent on their operating partners; they still need them when the economic signs change. A current insight into strategies and plans of AccorInvest, Covivio, Hyatt and Premier Inn.

Munich. If you want to earn money with hotels in the closed-end funds sector, you have to consider more than just finding the right operator. As a result, two new public AIFs rely on mixed use and B locations.