Dear Insider,
"We don't do anything crazy," says Florian Schörghuber. That’s reassuring, and it doesn’t sound at all stiff and conservative. Quite the opposite. A few weeks ago, the CEO at the helm of the Schörghuber Group in Munich was sitting across from me: Aged 32, a member of Generation Y, and responsible for a company with annual earnings of some €1.8 billion. The Next Gen is here, facing the same challenges as the wise (old) CEOs. He is eloquent, natural and direct. He draws his strength from his family, former mentors and a risk-balanced portfolio comprising construction, property, beer, salmon and 19 Arabella Hotels. Florian loves “Kick and Rush” – just kicking the ball forward… He invests in property, AI, education and the socially disadvantaged. That is why, together with Karl-Heinz Pawlizki, CEO of Arabella Hospitality, we talked less about figures and more about values and soundly structured strategies for the future.
Against this backdrop, it's a bit difficult to make the transition to Trump. We have to mention him too, but only briefly. Macy Marvel provides a detailed account of the impact of his policies on tourism, illustrated by a wealth of facts and figures (airfares, destinations, tourist arrivals, share prices and more). The Democrats, who have pulled themselves together as a ‘family’ again in the wake of the mid-term elections, already have several irons in the fire – even if the next two years are set to be a rough ride. ... More
How are Alpine destinations changing? How are they adapting to the prevailing conditions, supply and demand, and what drives value creation? A new report contains a wealth of figures from 26 destinations in Austria. For the first time, the analysis includes Swiss destinations.
JUNG supports hotel projects worldwide with solutions that combine technology, design and the specific requirements of each property. From urban design hotels and historic resorts to international hotels, individual concepts are created that integrate seamlessly into the architecture and interior. Three reference projects demonstrate just how differently this approach can be implemented.
When guests allow their bookings to lapse or turn up too late, restaurant owners are often left to foot the bill. How restaurants are seeking to protect themselves against this.
Black Friday is firmly established in many people's shopping calendars. However, a Swiss institute has found that what was once the day with the highest turnover is increasingly becoming a discount battle with no winners.
Cycle tourism is a significant economic factor for Germany. However, according to the initial findings of a study, its potential is far from being fully realised.
The Stichting Hotel Claims Alliance (SHCA) has filed its third and final group of signatories for its collective action against Booking Holdings, the parent company of Booking.com, before the Amsterdam District Court. A total of 18,135 hotels are now participating, a 68% increase in three months.
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The expertise of a hotel operator is significantly more important to the success of a hotel property than its location. This was the finding of the annual survey conducted by the trade magazine HospitalityInside and the property manager Union Investment in their joint autumn survey of European hotel experts. Only sustainable success safeguards the property and the balance sheet.
The German Travel Association has renewed its demands to politicians in Berlin. For the hospitality industry, it is well worth looking across the aisle, as the travel industry's problems are, to a large extent, its own.
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