News & Stories
London. While thousands of hospitality businesses are suffering from the current inflation and energy crisis, others are taking advantage of the situation. The industry association UKHospitality believes that some energy suppliers fail to pass on price cuts guaranteed by the government.
Frankfurt. The commercial real estate industry is in a dilemma. The demand for sustainable real estate is rising, which is also underlined by the increase in climate risk assessments by investors for their properties. But binding standards are still lacking and even existing tools for CO2 measurement are not being used.
Bansin/Usedom. Three of the 16 vacation hotels operated by Seetel Hotels in Germany are on the German Federal Network Agency's closure list. Owner and operator Rolf Seelige-Steinhoff is said to be standing by to close operations within 8 hours. The family-run company fears a chain reaction of the most negative kind: from millions in operating revenue losses to downgrades at the next credit inquiry to mouldy real estate next spring. Rolf Seelige-Steinhoff, a successful entrepreneur and excellent analyst, predicts here what could be in store. He too has been unable to obtain clear information from politicians.
Bern. The Swiss hotel industry can look back on a successful summer. But the buffers are melting away due to the drastic increase in energy prices, according to a survey. Even worse: the industry fears officially imposed closures or partial closures.
London. "The only bird flying through the storm is the eagle – so the headwind keeps them above it." With this distinctive sentence, Glenn Mandziuk emboldened his guests to hit the ground running in terms of sustainability as well. The new CEO of Sustainability Hospitality Alliance is forging a holistic global network hoping for political influence, among other things, via partnerships with WTTC and UNWTO. The number of hotel groups that have become a SHA member has doubled over the past eight months. SHA strives at becoming the main voice across the industry as it announced on its 30th anniversary in London three weeks ago.
Munich. Sustainability doesn't just cost money. It also provides opportunities for profit. For example, through the material cycle. Building components can be reused and emissions thereby reduced. There will be marketplaces where primary and secondary materials can be purchased. It will soon even be possible to trade valuable materials such as steel on a new stock exchange. For the hotel industry, which can currently only grow through conversions, this is a huge issue.
Bremerhaven. Travel companies and associations want to calculate a uniform standard for CO2 emissions. To this end, 22 members just joined forces in Bremerhaven - to form the new, transnational association KlimaLink. This also applies to hotels.
Kiel. The behaviour scientists are chasing after every detail, especially concerning travel behaviour on the topic of sustainability. Very slowly, consumers seem to be ready to act and not just talk. The willingness to pay compensations for CO2 is increasing. Eco labels in hotels are still not having the desired effect. Now, the first evaluation of a long-term research project took place.
Munich. The topic of ESG was omnipresent at Expo Real 2022: Investors and operators know that compliance with ESG criteria is becoming inevitable. What remains unclear, however, is who pays for which costs, who benefits most from the necessary measures, and how the progress of a sustainable property can be calculated at all. A panel discussion with Arbireo Capital, Arabella Hospitality and Engel & Völkers Hotel Consulting aimed to shine some light into the hotel darkness.
Augsburg. Today in focus: More and more Green Jobs / Real Estate & ESG Survey / German SME Survey / Radisson's 1st ultra-fast electric charging point / Kempinski's 1st ESG Report / RIU's 1st ESG Report / Platform for Climate-Tech Innovations.