Hospitality for Insiders

A roller coaster ride

Maria Pütz-Willems
Maria Pütz-Willems

Dear Insider,

A roller coaster ride... That's what today's issue feels like. Depending on the country, the hospitality sector goes up and down. At high speed. Anyone who flies off at the curve files for bankruptcy. Those who take advantage of the upswing go public. In between, there is a lot of pressure and few opportunities.

Family-run hotels or small hotel groups often have an even harder time than chain hotels, and not only in Italy. Their plus is often excellent locations, their minus the hole in the till. Foreign investors, mostly private equity, are sniffing out many cheap assets from depressed families between the beach and the mountains, from hostels to boutique lifestyle hotels. And they see the new flight routes that are bringing more and more travellers to the land of the dolce vita.

Fewer and fewer business travellers are boarding planes in and to Germany. And the Serviced Apartment segment is feeling the effects. The ratio of business to leisure has completely reversed this year, and the volatility of the traditional hotel industry is now also affecting this type of accommodation, which investors still like. ... More

Magazine

VAT hikes: +1% and 100,000 job losses?
28.11.2025

A new report for Europe warns governments against further increases in tourist and value added tax. Job losses could be massive.

Lindner's new shareholders

HI+Lindner's new shareholders

Otto Lindner jr. left the Supervisory Board of Lindner Hotels AG at the end of 2022 but remained a shareholder of Lindner Hotels AG. With its relaunch after the group's insolvency, the 63-year-old has now also taken his leave as a shareholder. There are now new shareholders.

Amedia founder in bankruptcy proceedings

HI+Amedia founder in bankruptcy proceedings

Udo Chistée is one of those hoteliers who work behind the scenes. Born in Austria, he founded Amedia Hotels in 2008, which expanded until the coronavirus pandemic hit. He then sold off contracts in batches to well-known market players. Now he has filed for bankruptcy proceedings in Wels, Austria, for what is probably his most important public limited company.

German hospitality in Q3: Depressing

HI+German hospitality in Q3: Depressing

The German hospitality industry slipped significantly into the red in the third quarter of 2025 compared to the previous year. The hotel industry has been particularly hard hit. There is no improvement in sight.

Accor to prepare Ennismore's IPO

HI+Accor to prepare Ennismore's IPO

Lifestyle goes IPO! Accor's Board of Directors recently voted unanimously to begin preparations for a possible stock market listing of Ennismore, the group's lifestyle hotel and restaurant brand. Why?

OTAs in the US: dominant and under pressure

HI+OTAs in the US: dominant and under pressure

More than half of all online hotel bookings in the US are made through an OTA. Nevertheless, OTAs are facing a more competitive and uncertain environment. Five trends are generally apparent.

VIP News from 28.11.2025

HI+VIP News from 28.11.2025

Genna Panagopoulos / Graham Dodd / Katherine Godsmark / Oliver Weigand, Afua Skandera, Patrick Winterhalter / Simone Giorgi, Marcos Romero Milans del Bosch / Michael Maurer / Philipp Lennartz, Philipp Zehe, Patrick Lüders, Arne Christian Meyer / Susanne Morgenstern / Daniel Grünenfelder, Patrick Hauser

News Mix from 28.11.2025

HI+News Mix from 28.11.2025

AMAPA Group/Montesilvano, Apartmentresidenz-Gruppe/Frankfurt, BWH/Worldhotels, Choice/Nairobi, citizenM/Another Star & Marriott, Dormero/Bad Kreuznach, Extendam/Brüssel, Five E Group/Fleesensee, Marriott/Algarve, Missoni/Aroeira, Pacini Group/Venedig, S&S Group/Azimut, Seiler Constantin/Lavaux, Signo/Essen, Sizilien/Noto, Tin Inn/Niederrhein, The Social Hub/Edinburgh, TUI/Afrika, Una/Rom, Valamar/Porec

Google AI Mode is now booking into hotels

HI+Google AI Mode is now booking into hotels

Google is now targeting hotels – and wants to further develop AI-driven booking processes together with major US chains and Booking.com. A video shows how Google's AI Mode works: it's frighteningly simple.

Tourism in Europe driven by value and digital tools

HI+Tourism in Europe driven by value and digital tools

Europe's tourism shows resilience amid higher costs and shifting travel trends. Value for money remains a primary driver of travel demand in this region. And travellers are increasingly using digital tools to make smarter choices.

Ranking of the top Alpine destinations

HI+Ranking of the top Alpine destinations

Successful destinations have clear profiles and support the region economically. A refined ranking has now examined 25 Austrian winter destinations according to "supply & demand", "price level" and "attractiveness". And compared them with Swiss destinations.

Expo Real

Content Partner

QR event: More need for discussion than ever about AI and travel
The key to competitiveness
31.10.2025

Artificial intelligence is rapidly changing tourism – and offers enormous opportunities for hotels that are prepared to use data intelligently. 125 hoteliers, experts and industry representatives needed to talk.

"Redebedarf": Benefiting from change with AI

"Redebedarf": Benefiting from change with AI

Artificial intelligence and data are changing the rules of the game in the hotel industry. How can hotels use this development to inspire guests and steer them successfully into the future? Answers can be found at "Need to talk". Participation is free of charge.

Climb onto the shark

Climb onto the shark

"The modern world meets traditional trade": Dietmar Dahmen is one of Europe's most sought-after futurists. He delivers his message about transformation, technology and radical customer centricity on stage like a rock star. As a visionary, he knows how companies need to reinvent themselves – including in the hotel industry. 

QR: Revenue and bookings on the rise

QR: Revenue and bookings on the rise

Despite all the sceptical business travel statistics, demand in this segment increased noticeably in the first half of 2025 for hospitality-focused distribution specialist QR Quality Reservations. At the same time, direct sales and the number of customers grew.

The RFP rules are changing

The RFP rules are changing

The "RFP season" is in full swing. However, the rules of the game for these Requests For Proposals have changed for 2026 . The traditional focus on booking volume and price is increasingly giving way to a strategic view of the purpose of business travel. 

News Mix overview

Marketplace

Who can be held responsible for AI errors?
28.11.2025

Artificial intelligence makes many things easier at work – but who is liable when the tools produce incorrect results? A legal expert explains.

Hotels as pioneers in e-mobility
28.11.2025

A survey in Austria shows that 84% of the hotels surveyed already offer e-charging stations. Investment and energy costs are the biggest hurdles.

Digital Act: Changes are too weak
21.11.2025

On this week's Wednesday, the European Commission presented proposed amendments to key European digital regulations. This so-called Digital Omnibus affects, among other things, the General Data Protection Regulation (GDPR) and the AI Act. There has been criticism on many fronts.

xChange behind the Pullman portal
21.11.2025

Accor is preparing its premium brand Pullman Hotels & Resorts for the future. Under the slogan "Pullman xChange", ambitious ideas have been developed that connect global and local communities at the hotel bar or bring them together in think tanks through culture and art

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Save The Dates!

Hotels Tomorrow, edition 2

              ****************************

HospitalityInside Think Tank, edition 9 on 11-12 May 2026 in Brussels

            

Financial Results

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20% of transactions are hotels

Aroundtown 9M 2025: With a stable net rental income and a hotel portfolio share of 22%, the group starts into the last quarter of the year.

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Broadly stable TRevPAR

Motel One Q3 2025: The German budget design hotel group maintained stable volumes and pricing, which it attributes primarily to the strength of its premium locations and the favorable Bleisure mix.

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Investments minimise turnover

Minor Hotels Q3 2025: For the international hotel group based in Thailand, operational efficiency and disciplined financial management deliver stronger margins amid volatile operating environment.

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Solid performance and confirmed offer period

PPHE Q3 2025: The UK market delivered a solid performance, while trading in the Netherlands and Germany was more subdued. Meanwhile, PPHE Hotel Group has also confirmed that it is currently in a bidding period.

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Strong global growth

Choice Hotels Int. Q3 2025: The group accelerates momentum in its international business where it is on a good track to double profitability by 2027.

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14th consecutive quarter of financial records

IHCL Q2 & H1 FY 2025-26: The Indian Hotels Company Limited sees its fourteenth consecutive quarter of record financial performance.

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Growth is now international

Marriott Int. Q3 2025: In the 2025 third quarter, Marriott's worldwide RevPAR increased 0.5 percent compared to the 2024 third quarter. But RevPAR in the U.S. and Canada declined 0.4 percent year-over-year. On the other hand, RevPAR in international markets increased 2.6 percent year-over-year.

Investment Barometer 2025 - Results

Subdued expectations, polarising trends

Subdued expectations, polarising trends

The results of the 2025 Investment BAROMETER survey reflect a complex and nuanced mood within the industry. While the outlook for individual companies and the industry as a whole has improved slightly compared to last year, uncertainties remain, particularly regarding hotel revenue development. Accordingly, the Operations Index remains under pressure, while the Development Index has risen significantly, easily offsetting its losses from the previous year. 

Picked

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How Germany gets around

Which modes of transport do people use most often – cars, bikes or walking? That's the focus of a major mobility study.

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Recruiting through annoyed friends

Who doesn't have that one friend who has been complaining about their job for some time? "This commute is killing me," "I have no free time, I need to be available 24/7"- the solution to these and other problems is to move to Copenhagen. A different approach to recruiting!

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Planting trees with loyalty points

Those who collect a lot of points in hotel group loyalty programs receive special discounts or offers. The Starwood brand 1 Hotels is taking a different approach. 

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The sunflower signals impairments

Many physical, neurological or mental illnesses such as autism, anxiety disorders or heart and lung diseases are not immediately apparent. The sunflower serves as a distinguishing feature – especially in the tourism sector.

Media Partner

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The other network

Tourism meets technology. That is the guiding principle of TIS, the Tourism Innovation Summit, which is already one of the most important events in Seville. Hotel exhibitors are rare. The priority is networking between destination managers, event organisers and tech professionals. Not a bad combination. 

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A new era of relevance in tourism marketing

Tourism Innovation Summit (TIS) 2025, to be held at the FIBES conference and exhibition centre in Seville from October 22 to 24, will address how tourism brands are reinventing the way they connect with travelers in an increasingly digital and experiential environment. HospitalityInside is accompanying this summit as a media partner for the first time.

Archive

In the HOSPITALITYINSIDE ARCHIVE you will find 35,000 specialist articles from 25 years on the hotel industry in Europe and global trends (access via the current issue in the magazine). "Those who know the past can understand the present and shape the future."

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