Instead of sleeping bags under the stars, holidaymakers can expect a bed with slatted frame and mattress, instead of bread on a stick around the campfire a breakfast basket with bread rolls and juice. Indoor camping is in.
Although investor risk in the real estate market is increasing, many experts at the MIPIM in Cannes were more optimistic again and expect an increase in transactions. Markets such as the USA, the UK and Northern Europe are already well advanced in their price adjustments. Germany, on the other hand, is still struggling. Nevertheless, the market is slowly moving again. Hotels are often in focus - also as an important part of sustainable cities.
The two German organisations, Deutsche Umwelthilfe (DUH; German environmental organisation) and Stiftung Initiative Mehrweg (SIM; Foundation Reusable Goods Initiative), call for the 14th Reusable Innovation Award for beverage packaging.
Radisson is specifically addressing the needs of travellers from China with a feel-good programme of the same name and a co-branding campaign launched together with Jin Jiang. They are expecting many of them this year.
They cook on a high level and in organic quality. Five restaurants from the German chefs' association "Die BIOSpitzenköche" were once again awarded a green Michelin star in 2024.
A country with political ups and downs and now in the middle of a war: Despite this, neither the Israeli Tourism Minister nor the country's hotels are willing to give in. Some hotels serve as accommodation for evacuees but are also well booked by military and solidarity groups, report Fattal and Kempinski. And the minister is already encouraging everyone to travel to a "safe" Israel.
When it comes to hotel development across Africa in 2024, just five words tell the story: Egypt and the Big 5. In this context, the Big 5 does not refer to Africa’s major wildlife attractions - lion, leopard, rhinoceros, elephant and buffalo - but to the global hotel chains – Accor, Hilton, IHG, Marriott and Radisson.
Aroundtown FY 2023: The company closed 2023 with a net loss of 2.4 billion euros. The main reason for this is that the portfolio value had to be written down by 11% or 3.2 billion euros. Hotels were affected less than other real estate segments. And their performance is recovering.
Orascom Development Holding (ODH) FY 2023: The company reports property sales of CHF 704.2 million and a net profit of CHF 54.4 million despite the difficult business environment.