News & Stories
Overnight stays are and will remain the core business of the hotel industry - but there is still untapped economic potential in many hotel buildings. Aroundtown wants to tap into new resources for the hotel industry.
The brand penetration of the large brands is increasing in Germany, but not as quickly as the brand companies would like. Smaller businesses are swimming against the current as they continue to develop new brands and companies. Stephan Gerhard, Founder of the Treugast consultancy and Co-Founder of 25hours, currently holds shares in 36 SMEs via his family office. Why?
By 2030, the apartment brand Adagio wants to grow strongly, renovate existing hotels and strengthen direct sales. But this is only part of the ambitious strategy.
Premier Inn Germany is Whitbread's great hope. In the UK, the market remains rather tense, while Germany is aiming for its first profit. CEO Erik Friemuth on the current situation.
Only the holding company in the Netherlands still bears the abbreviation HRG in its name, otherwise the newly formed Revo Hospitality Group represents the entire hotel portfolio of the HR Group (or HRG).
Disruption in 2016: Zoku flexibilises the classic room with a new way of thinking about space. The creative minds from Amsterdam concealed the bathrooms, integrated the kitchen and kitchen table and moved the bed "upstairs". The result was a hybrid of bedroom, serviced apartment and office. Now there is a new vision.
Dillip Rajakarier, Group CEO of Minor International, is beaming: The crisis year 2024 was a great year, and 2025 will be too. The Thai man manoeuvres the hotel group through the global lows with absolute agility. He changes his business model overnight, shifts markets and employees and achieves rate increases.
Luxury and lifestyle hotels attract guests and developers. The lifestyle segment in particular is catching up. Its average daily rates reach a premium of 33.60 US-Dollar compared to the ADR of non-lifestyle hotels. No wonder they account for an estimated 23% of the global hotel development pipeline, while mainstream luxury brands are losing share.
On Tuesday this week, IHG announced the acquisition of the Ruby brand for a purchase price of €110.5 million (approx. $116 million). Ruby founder and CEO Michael Struck spent two years negotiating with IHG's top management: Its standards will remain the brand standard, IHG will take Ruby to Asia and the United States at a lower cost and higher RevPAR targets.
Many restaurant guests are currently price sensitive. Equally many want to treat themselves consciously and are willing to pay a good price for good performance. How to best address both groups and optimize your pricing is, last but not least, a question of psychology. Tim Plasse, Managing Director at F&B Heroes, explains what the hospitality industry can learn from e-commerce.