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Market requirements and needs of customers and guests are changing rapidly. Those willing to persist in this market environment require solid sources of information and the right tools. On its "Market Check" microsite, hospitalityInside provides surveys, analyses and tools that help in obtaining and evaluating market data. Figures, facts & trends from the international hotel industry for managers working on an international scale. Plus: stories that move the industry.
Augsburg/Hamburg (September 22, 2023). In the current project developer crisis, the opinion of insiders is particularly in demand. How will investors react? How is the German hotel industry changing? Take part in the 10th hospitalityInside INVESTMENT Barometer, which starts today and runs beyond Expo Real Munich. For the first time, we are also giving away a highly interesting book that provides answers to questions on sustainability.
Bansin/Usedom (December 2, 2022). The German government claims that gas storage facilities are full. Nevertheless, hotelier Rolf Seelige-Steinhoff and eight colleagues on the island of Usedom have since received an official letter stating that the gas supply in their area may be "threatened" or "disturbed." This sounds harmless, but it's the beginning of a fine legal balancing act with the state, which is set to close the hotels if necessary in the event of a gas shortage.
Bansin/Usedom (November 4, 2022). Three of the 16 resort 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.
Augsburg (October 28, 2022). The current crises are leaving their mark: The Ukraine war and its aftermath, as well as pent-up industry problems, have significantly weakened the 2019 upswing in the hotel industry. The subdued outlook is also putting the brakes on investments and transactions, though has not shaken faith in economy hotels or the tourism and leisure segment overall. This is the result of the current Investment BAROMETER, the autumn survey by the specialist publisher HospitalityInside, Augsburg, and Union Investment, Hamburg.
Munich (October 21, 2022). Join in! The 9th sentiment test of hospitalityInside and its cooperation partner Union Investment is still running until 24 October. Three questions on the transaction and investment market need your answer! Vote online here right now.
Stuttgart (January 14, 2022). In December, all was still right with the world. Last Monday though, on 10 January, the district court approved the application of Success Hotel Management GmbH for insolvency under the self-administration procedure with the objective of restructuring. Managing Director Michael Friedrich on the background.
Augsburg (November 19, 2021). After the extremely massive slump last year, the index values of the current hospitalityInside Investment BAROMETER - surveyed in autumn by the specialist publisher HospitalityInside and Union Investment among around 60 hotel experts - are approaching those of 2019 again. On the trends: Currently, a lot of trust is flowing into leisure properties and in the future, more flexible contracts with variable leases will be in demand.
Ahlbeck (April 16, 2021). Many politicians have long since lost their image as role models - and they don't tell the truth either. "Grants for us are referred to as gifts," Rolf Seelige-Steinhoff, CEO of Seetel, says angrily, referring to the German government in Berlin. “These are sleights of hand." Not least because the state itself earns massively from each aid payment.
Berlin/Cologne (February 12, 2021). The promises of the previous months have not yet been fulfilled and, above all, the money is still far from arriving in everyone's account ... And the German government is already granting the next, third bridging aid. Dirk Iserlohe, chairman of the supervisory board of Dorint Hotels & Resorts and campaigner for the industry, thinks that this is not help at all.
Berlin (January 29, 2021). In the course of the Covid 19 pandemic, hospitality companies implemented hygiene concepts virtually overnight during the April 2020 lockdown, in accordance with government requirements. Since autumn, one lockdown has followed another. But the politicians have their sights set on the hotels and catering businesses again and again: now their ventilation systems, among others, are coming into focus. Yes, they help, just like other technologies against the virus - and the continuing stigmatisation of the industry.
Bonn (January 22, 2021). Over the turn of the year, Dr. Joerg Haas documented how the budgeted 5–million-euro profit turned into a 16-million-euro loss through no fault of his own in 2020. The hotel and gastronomy businesses of the entrepreneur from Bonn are, as many others, part of the "forgotten" large associated business groups. His Invite Group has not obtained most of the financial aids – contrary to the politicians' promises who stage their shows every night on TV.
Bad Arolsen (January 15, 2021). Alexander Fitz, CEO of the German H-Hotels and responsible for 60 hotels, is fed up with politics: senseless VAT cuts, unfair lockdowns, November lies, zero financial aid, ignorant and incompetent politicians who treat people like complete idiots ... For the entrepreneur, it's enough. He makes no secret of his frustration at this point and probably speaks from the soul of many colleagues.
Augsburg/Hamburg (November 13, 2020). Despite the corona pandemic, there is still a lot of liquidity in the German hotel real estate market. Accordingly, the interest in the asset class hotel basically remains strong. Individual priorities have changed: A well-diversified hotel portfolio is the primary condition for a continued commitment in the hotel industry, as are more flexible contracts. This and more is revealed by the current hospitalityInside INVESTMENT BAROMETER 2020, which the specialist publisher carries out every autumn together with Union Investment.
Munich (November 6, 2020). With the second lockdown, which takes place now, in the month of November, the German hospitality industry has lost its balance: from now on it is all about insolvencies, livelihoods and the social consequences. In the background, lawsuits against the state and its regulations are piling up. Inspired by a discussion in a political circle, Prof. Dr Stephan Gerhard and Maria Puetz-Willems decided to do this interview, which shows how the constitutional state of Germany is turning into an intervening state when it comes to hospitality. And there is even a lot more at stake: the balance of the fundamental rights! Currently, the basic right to physical integrity supersedes everything. It is even forestalling the economy. But only healthy companies can guarantee a healthy economy.
Augsburg/Hamburg (November 1, 2019). For a while now, numerous voices have warned of a deterioration in sentiment on hotel markets. The hospitalityInside INVESTMENT BAROMETER survey conducted at the Expo Real provides solid confirmation of these forecasts. For six years now, HospitalityInside and Union Investment have asked industry insiders about their own situation and for their expectations for the next six months. The results are then used to compile the INVESTMENT BAROMETER. All indications point downwards.
Hamburg (April 12, 2019). In Hangzhou, the capital of Zhejiang province in East China and previously the home of Marco Polo during his stay in China, it is easy to get the impression that face-recognition is the key to the future of hotel and restaurant services. hospitalityInside's new column "China Inside" reflects West Lake, one of the most desired tourist attractions in China where history has turned into an Alibaba hot spot.
Hamburg (March 1, 2019). The number of border crossings from Mainland China increased in the last quarter of 2018 by 7%, but this growth only benefitted the destinations of "Greater China". The rest of the world saw a shrinking Chinese international outbound tourism market and welcomed for the first time in a last quarter of the year less Chinese visitors compared to the year before. A new analytical tool has been set up by COTRI ANALYTICS and will be published quarterly on the front page of hospitalityInside.com.
Augsburg/Hamburg (November 2, 2018). On the hotel real estate market, the investment mood is still good, especially concerning those with their own businesses. When looking at the industry and the next few months, the mood is more cautious. This is one result of the "Investment BAROMETER" survey initiated by the online magazine hospitalityInside.com in cooperation with Union Investment around the time of Expo Real Munich every year.
Augsburg/Hamburg (November 24, 2017). Despite demand pressure on the German hotel market, C locations will not become the new B locations. The current INVESTMENT BAROMETER Autumn 2017 by hospitalityInside.com and Union Investment places clear emphasis on B locations. And in the case of a crisis, of all segments it would be the midscale and first class hotels that come under pressure. The current sentiment in the hotel and investment sector remains good. However, expectations as revealed by the individual indices have shifted somewhat when compared to the previous year.
Augsburg/Hamburg (November 18, 2016). Opportunities and risks are spread broadly in the hotel industry. Whilst the digitalisation megatrend is clearly viewed as an opportunity, on the investment side, the sector currently shows itself to be quite ambivalent. The overall mood in the sector is meanwhile stuck around cautious optimism. These were the findings of the specialist magazine HospitalityInside and Union Investment in their current Hotel INVESTMENT BAROMETER Autumn 2016.
Augsburg/Hamburg (April 29, 2016). Sentiment on the hotel investment market has dampened in spring 2016 - nevertheless, the market assessment remains positive overall and at a high level. Those surveyed painted a mixed picture when asked about returns and locations. These were the findings from the hospitalityInside INVESTMENT BAROMETER spring 2016.
Augsburg/Hamburg (December 4, 2015). The hotel real estate sector has never been as euphoric as this autumn. Since the introduction of the "hospitalityInside INVESTENT BAROMETER" in autumn 2013, the Business, Development, Expectation and Operation Index has known just one trend: upwards. Each attack of pessimism has been overcome. The strongest driver is hotel development.
Augsburg/Hamburg (May 1, 2015). The continuing pressure on demand in the hotel market most likely motivates hoteliers and hotel property experts to diversify regionally in secondary and tertiary markets. New leaseholders and brands are less in demand, and a higher commitment in country markets with higher risks is definitely last on the list. This is one of the trend statements obtained from the spring survey for the "hospitalityInside INVESTMENT BAROMETER" 2015. In addition, most people surveyed are expecting that the yields will stabilise in the short term (in the next six to twelve months) and increase again in the medium term (24-48 months).
Augsburg/Hamburg (December 5, 2014). Brand hotels will happily announce a quick-paced expansion, but in reality, they rarely implement these plans as quickly. Alongside the insufficient availability of properties and matters relating to financing, another particular reason for this is the "false expectations on the investors' as well as the operators' side". At least 40% of those asked by the 3rd hospitalityInside INVESTMENTS BAROMETER in cooperation with Union Investment think this.
Augsburg/Hamburg (June 6, 2014). Currently, the rate-of-return considerations are driving the investments in hotels, more than diversification and security aspects. The overall mood in the hotel real estate market remained good in the first quarter of 2014. These are the central results of the latest "Investment BAROMETER", initiated by the hotel trade magazine hospitalityInside.com together with Union Investment.
Augsburg/Hamburg (February 28, 2014). In the hotel real estate market, the investment mood is top. Investors, owners and project developers look forward to the next six months with great optimism. This is one result of the 1st "Investment BAROMETER", initiated by the hotel trade magazine hospitalityInside in cooperation with Union Investment.
Augsburg/Hamburg (January 10, 2014). The hotel trade magazine hospitalityInside.com, Augsburg and Union Investment Real Estate, Hamburg have started a new industry index: the "hospitalityINSIDE Investment BAROMETER" – online and accessible for all interested persons. The overall index will be published on hospitalityInside's website on a quarterly basis and via Union Investment. Participants will also receive a more detailed analysis.
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