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Hospitality for Insiders

Pressure and disruption, capital and social issues

Maria Pütz-Willems
Maria Pütz-Willems

Dear Insider,

The Swiss countryside is as colourful as the Swiss hotel schools. The majority of them are owned by profit-making companies. There were also M&A deals in this segment. The number of students from Asia and Russia is falling; this is partly due to the strong Swiss franc and the relaxation of banking secrecy. Some hotel schools have also done themselves a disservice, for example through overly ambitious construction projects. Our author, Prof. Macy Marvel – who lectured at the EHL for 18 years – describes the changes and the current pressures facing these world-renowned educational institutions.

Charlie MacGregor, the founder of The Social Hub, loves disruption. He’s been thinking out loud where the revenue figures will be and what social communities and with what values will continue after his death. As well as two of his 21 "hubs" (hotels), he has also built a "Social Park" next to them in Rome and Florence. He sees a new "purpose" that brings locals and visitors together. The Social Hub in Rome is worth €13.8 million. How does it all fit together? Sarah Douag listened intently to this socially minded maverick.

Max Schlereth too once went his own way; he set up Derag Serviced Apartments in Germany. These have long been known as Living Hotels – and now this courageous entrepreneur is converting a historic building from the Nazi era in Hamburg into a luxury boutique hotel. In addition, a new upscale brand for living has been announced. ... More

Magazine

Swiss hotel schools under pressure

HI+Swiss hotel schools under pressure

Fewer students due to the strong Swiss franc and overly ambitious project

After years of steady growth, a number of factors are making life difficult for Switzerland’s renowned hotel management schools. These include a strong Swiss franc, the erosion of banking secrecy, changing social trends and excessively ambitious development projects. Over half of the institutions are owned by profit-making companies.

The guest "chaos" makes the NOI

HI+The guest "chaos" makes the NOI

Social Hub founder Charlie MacGregor about Purpose as a strategic filter

This time, Charlie MacGregor, the Social Hub founder, argued for "purpose" – it only counts if it appears on the balance sheet, not just in the mission statement. He walked through the company's journey from student housing to a 21-hub social model, backed by hard numbers on revenue, NOI and community value. Then he asked a harder question: will any of it survive him?

The Little White House as the crowning glory

HI+The Little White House as the crowning glory

Derag Living Hotels: a new luxury hotel, Serviced Apartments stay in a niche

With the historic Jefferson House in Hamburg, Living Hotels has a major project in the pipeline which goes far beyond the Munich-based Serviced Apartment group’s previous scale. In the medium term, it is restructuring its overall portfolio – and a new upscale brand is set to be launched as part of this.

Who is PRISM, who is OYO?

HI+Who is PRISM, who is OYO?

Will the Indian tech company manage to break into European hospitality?

The story of the Indian hospitality brand OYO is difficult to piece together. It markets 22,000 hotels and 123,000 homes of varying quality today. Oyo’s parent company (Oravel Stays) rebranded itself as PRISM. That doesn't improve transparency. Now the group wants to have a say in Europe and Germany. The Revo insolvency is a springboard for this. Will PRISM/OYO remain a tech company, or will it provide professional hotel management services? Insiders in India remain sceptical.

HI+

Heatwave in Europe: Locals are moving house everywhere

Heatwave in Europe: Locals are moving house everywhere
3.7.2026

From Poitiers to Germany to the UK, residents left their own homes to book air-conditioned hotel rooms for several nights during the latest heatwave. Searches for rooms with air conditioning and pools surged across OTA platforms.

Capital power from Poland for projects with Primestar

HI+Capital power from Poland for projects with Primestar

More hotels for the top cities in Poland – with capital from Poland and operator know-how from Germany. Griffin Capital Partners and Primestar will soon launch their first hotels, but the strategy is long-term and flexible.

German investment market: Hotel values continue to rise

HI+German investment market: Hotel values continue to rise

The hotel property market in Germany is developing cautiously but positively. Economy and mid-scale hotels dominate new hotel openings, whilst the conversion of existing properties continues to gain in importance.

Airbnb scams have increased 30-fold

HI+Airbnb scams have increased 30-fold

Experts warn that criminals are increasingly misusing verified host accounts to create deceptively genuine fake listings. It is becoming increasingly difficult for consumers to spot the scam.


VIP News from 3.7.2026

HI+VIP News from 3.7.2026

Ali Keshavarz / Rahul Arora, Jaques Oudinot / Rogier van Zanten / Feisal Jaffer / Anica Remetic, Anna Sima / Thomas Goval / Katja Hagenbucher / Kevin Eichhorn / Claudio Zemp, Joerg Peter Krebs

News Mix from 3.7.2026

HI+News Mix from 3.7.2026

Accor/Cologne, Annua Signature Hotels/Banyalbufar, Apulia/Palazzo Cenci-Tanzarella, Aroundtown/Bristol Berlin, BWH/Wilhelmshaven, Dalata/Berlin, DHI Dorint/Bonn, Hilton/Hafnarstræti, IHG/Vienna, MDI/Deidesheim, Minor/Innsbruck, Motel One/Düsseldorf, Oberstdorf/Edelweiss, Palermo/Pam, Premier Inn/Eschborn, QC Treviso/Ponzano Veneto, Radisson/Cannes, Savhotel Mantegna/Padua, Scandic/Finnsnes, The Dean/Munich, TH Group/Peschiera del Garda, TUI/Didim, VOIhotels/Zanzibar, Yotel/Beach Resorts

The Revo sell-off continues

HI+The Revo sell-off continues

In the Revo Hospitality insolvency case, news is currently coming out through the back door. The new operators are gradually becoming clearer and the number of hotel contracts more specific. One surprise – alongside PRISM/OYO – is currently a bidder from Israel that is worth keeping an eye on.

Abu Dhabi fund to buyout Pierre & Vacances

HI+Abu Dhabi fund to buyout Pierre & Vacances

On Monday, Mubadala Capital, Abu Dhabi's sovereign wealth fund investment arm, launched a fully financed buyout offer for Pierre & Vacances-Center Parcs (PVCP), one of the Europe’s biggest providers of holiday accommodation, which values the group at 1 - 1.1 billion euros.

European hotel sector remains optimistic

HI+European hotel sector remains optimistic

The economic pressure on the hotel sector is, and remains, considerable. According to the findings of an annual Europe-wide study, chain hotels are best able to cope with this. In Germany, sentiment remains subdued.

The wave of insolvencies in Germany continues

HI+The wave of insolvencies in Germany continues

The rise in insolvencies in Germany continued into the first half of 2026. The service sector, including the hotel and catering industries, remains particularly hard hit. Lenders should expect an increase in defaults.

Global event industry shows resilience

HI+Global event industry shows resilience

While organisations continue to navigate many short-term challenges, they remain committed to investing in future meetings, exhibitions, conventions and incentive travel programmes.

Expo Real

News & Updates on Expo Real and World of Hospitality

News & Updates on Expo Real and World of Hospitality

Just over three months to go until Expo Real 2026. The joint stand "World of Hospitality" is ready, detailed planning is underway, and one space is still available. For the first time, the "FreiSchwimmer Bar" at the Cocoon Hotel Sendlinger Tor will host the popular HospitalityInside networking event BRICKS & BRAINS.

Think Tank

Better results than projected

HI+Better results than projected

Sven Wiltink came to HITT in Brussels with something rare: an actual case study. Two renovated hotels, verified to a net zero standard, with a year of operational data behind them. The session that followed was one of the most engaged of the day.

Nature dictates the style

HI+Nature dictates the style

Wind patterns determine the layout of the terraces, and diagrams illustrate thermal comfort. And ideally, the stone used for building should be local. At the 9th HospitalityInside Think Tank (HITT), the renowned Japanese architectural firm Kengo Kuma & Associates showed just how to plan for a smaller footprint.

How cameras and AI help reduce food waste

HI+How cameras and AI help reduce food waste

Cameras and AI are now making their way into the bins of professional kitchens: Together, they help to identify food waste in the bin in real time. Anyone aiming to save half of this earns $25,000 a year. The technology behind this comes from Winnow in Chicago. At the HITT Think Tank founder and CEO Marc Zornes set the pulse regarding food waste

The EU came to HITT

The EU came to HITT

Something shifted at the HospitalityInside Think Tank (HITT) 2026. For the first time in HITT's nine-year history, the European Commission sent not one but two representatives to the meeting in Brussels, willing to sit with the industry and take questions. What followed over the next two days was, at times, a very frank and heated exchange between participants from the hospitality industry and the EU institutions.

Content Partner

Quality over Speed

The race is on - QR advises hotels to take a calm approach to AI
Quality over Speed
3.7.2026

The topic of AI dominates today's media. How is AI changing our society, the economy, education, healthcare, and our jobs? Where does its use make sense? Will AI solve everything? Is it taking away jobs or creating new ones? The race is on …

Timeless switch design

Timeless switch design

Stylish and long-lasting hotel interiors are created through design concepts that stand the test of time. Timeless design is particularly valuable for permanently visible elements such as switches and sockets.

A new benchmark for Adriatic resorts

A new benchmark for Adriatic resorts

Pical Resort 5*, Valamar Collection in Poreč, the most significant tourism investment in Croatia in recent years, was recently officially opened in the presence of the Prime Minister of the Republic of Croatia, Andrej Plenković and hundreds of distinguished guests from the business and public sectors.

Greenwashing to be banned from September

Greenwashing to be banned from September

The hospitality industry must also protect itself against Greenwashing. With the "EmpCo" directive, the EU is also forcing hotels to stop making misleading sustainability claims from the end of September 2026. This applies to brochures, menus, marketing and websites. Insiders from F&P will be offering practical advice in free webinars in June/July.

Refined metal finishes for hotels

Refined metal finishes for hotels

In high-quality hotel projects, quality often emerges in the details. Fittings, switches and other technical components are increasingly regarded as part of a cohesive design concept. With their coordinated metal finishes, Dornbracht and Jung demonstrate how different products can be matched precisely with one another.

News Mix overview

News Mix from 3.7.2026

HI+News Mix from 3.7.2026

Accor/Cologne, Annua Signature Hotels/Banyalbufar, Apulia/Palazzo Cenci-Tanzarella, Aroundtown/Bristol Berlin, BWH/Wilhelmshaven, Dalata/Berlin, DHI Dorint/Bonn, Hilton/Hafnarstræti, IHG/Vienna, MDI/Deidesheim, Minor/Innsbruck, Motel One/Düsseldorf, Oberstdorf/Edelweiss, Palermo/Pam, Premier Inn/Eschborn, QC Treviso/Ponzano Veneto, Radisson/Cannes, Savhotel Mantegna/Padua, Scandic/Finnsnes, The Dean/Munich, TH Group/Peschiera del Garda, TUI/Didim, VOIhotels/Zanzibar, Yotel/Beach Resorts

News Mix from 26.6.2026

HI+News Mix from 26.6.2026

Accor/Risan, Berlin/ICC, Cheval Collection/Riyadh, Elegant Hotels of the World/London, Fletcher Hotels/Winterberg, Forte dei Marmi/Principe, Habyt/Vienna, Homaris/Berlin, Hyatt/Rome, IHG/Vilamoura, Lake Como Edition/Cadenabbia, Isrotel/Eilat, Leonardo/Herzliya, Limehome/Frankfurt, Mandarin Oriental/Calvià, Marriott/Riyadh, Premier Inn/Bremerhaven, Radisson/Bonn, Scandic/Turku, Shaza Hotels/Riyadh, Swiss-Belhotel International/Nizwa, The Chocolate on the Pillow Group/Berlin, VRetreats Palazzo Gattini/Matera, White Bridge Investment/Piedmont

 News Mix from 19.6.2026

HI+ News Mix from 19.6.2026

Art-Invest/Essen, Bayerische Hausbau/Munich, Băneasa/Imobpractic, Belmont/Crans-Montana, BWH/Apulia, Eurazeo/Babylon, Florence/Villa Olmi Firenze, Hilton/Milan, Hyatt/Kiel, Milan/Cas Laveni, Marriott/Gargnano, Meininger/Barcelona, Radisson/Frankfurt, Red Sea Global/Triple Bay, Red Square/Berlin, Ruby/Stockholm, The Lux Collective/Rwanda, Trier/Youth Hostel

News Mix from 12.6.2026

HI+News Mix from 12.6.2026

Accor/München, Barceló/Rom, Bob W/Stuttgart, B&B/Mantua, CitizenM/Rom, Extendam/Santorin, Falkensteiner/Hinterstoder and Loipersdorf, Four Seasons/Sevilla, J44/Jesolo, Marriott/ aia Mare, Numa/Mailand, Park Hotel/Gemona, Quality Lodgings/Heigenbrücken, Radisson/Salzburg, Toskana/Villa Constanza

Marketplace

Zurich also regulates short-term accommodation

Zurich also regulates short-term accommodation
3.7.2026

The Swiss Federal Supreme Court has upheld the City of Zurich's regulations preventing the conversion of residential space into commercial short-term accommodation. The new rules are set to come into force in autumn and will regulate the market.

Hotels cheat with AI-optimised images

Hotels cheat with AI-optimised images
26.6.2026

Every fifth photo of hotels and other accommodations on travel booking platforms shows evidence of being AI-generated or at least AI-optimised. This is shown by a recent study.

Munich: Compulsory registration for holiday apartments

Munich: Compulsory registration for holiday apartments
26.6.2026

On 18 June 2026, the Social Affairs Committee approved the introduction of a mandatory registration scheme for holiday apartments in the city of Munich. This aims to create legal certainty and reduce bureaucracy.

Regional Court: Google liable for AI summaries

Regional Court: Google liable for AI summaries
19.6.2026

The search engine operator Google can be held directly liable for incorrect answers generated by its in-house artificial intelligence (AI). This was the ruling of the Munich I Regional Court.

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HospitalityInside Think Tank HITT, edition 9

Photos from the HITT Think Tank in Brussels


Financial Results

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Rental growth in the hotel portfolio

Aroundtown Q1/2026: Net rental income of the company during the period rose by one percent. Following the reporting period, the Company completed the sale of the Penta-branded hotel portfolio. Following the completion of the voluntary exchange offer for Grand City Properties S.A., Aroundtown also increased its ownership.

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TUI considers itself resilient

TUI Group 1H 2026: Despite economic and geopolitical crises, the Group’s first half of the year provides momentum for the challenges ahead.

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250 hotels signed across its brandscape

IHCL Q4 and FY 2025-26: The Indian Hotels Company Limited (IHCL) announced its sixteenth consecutive record quarter and a successful full year 2026 ending March 31,2026.

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EMEAA region stays challenging

IHG Q1 2026: The company reported a very strong Q1 trading performance with better-than-expected Global RevPAR growth of +4.4%. CEO Elie Maalouf remains confident that the company will achieve its consensus growth forecasts and profit expectations.

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APEC leads international performance

Marriott International Q1 2026: International RevPAR grew 4.6% in Q1 2026, despite the conflict in the Middle East impacting March results. U.S. and Canada RevPAR increased only 4.0% while APEC led the international performance.

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The premium strategy has paid off

MHP Hotel AG FY 2025: Munich Hotel Partners is pleased to report a significant increase in revenue and EBITDA for the full financial year 2025. The outlook for 2026 is also confirmed.

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Middle East conflict impacts RevPAR

Hyatt Hotels Corp. Q1 2026: Luxury chain scale led RevPAR growth in the quarter. The geopolitical conflict in the Middle East negatively impacted RevPAR growth by approximately 50 bps.

Balance sheets
at a glance


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Salzburg introduces driving ban for day trippers

Mozart's birthplace is a tourist gem. Consequently, a vast number of tourists head to the city of 160,000 inhabitants for a day trip. Heavy traffic is common – now, vehicles in the centre are being restricted.

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University tests water-mist cooling

Hot days and cool tricks: researchers are testing water mist to combat city heat. Volunteers are still being sought for this cool project in Dresden.

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Richest people cause trillions in environmental damage

Through their consumption alone, the richest ten percent of humanity cause enormous environmental damage – and are hardly held accountable. They primarily live on two continents.

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Honeymooners on an adventure high

26 June 2026 is considered one of the most sought-after wedding dates of the year. Traditional luxury holidays are a thing of the past; honeymooners are now drawn to the Experience. Experiences rather than the usual fare – that’s what gives it character.

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