Hospitality for Insiders
logo
Hospitality for Insiders

A cleansing Expo Real week

Maria Pütz-Willems
Maria Pütz-Willems

Dear Insider,

The noise level in the Expo Real halls was already high on the first morning. On the second day, the suburban trains were hopelessly jammed... Messe München counted over 42,000 visitors, more than expected. There was a need to talk everywhere. The asset class Hotel remains coveted by investors, although new projects, especially resorts, have currently been declared dead. For operators, Hotel have become a problem child. Zero profit makes everyone tremble, as does the high-speed market cleanse. Expansion is only possible in the "operator buys operator" style. Germany is currently considered a very difficult country. But non-Germans continue to believe in Europe’s largest market.

Foreign investors are already on the starting blocks, as they were after Lehman: They are waiting for Pac-Man. He's still hungry. What he leaves on the plate will still be picked up? In the discussions at the hotel conference, you could feel the tugging and pulling from all sides. Franchise: fees must be reduced, contracts shortened. Lease: Can the investor defend himself if a new, unwanted brand comes in after the change of operator? We still have a lot to report from the highly interesting discussions at the very well-attended "Hospitality Industry Dialogue" conference. Susanne Stauss starts today with a five-page, detailed description about the market cleanse and recorded the experiences of seven executives from Covivio, Art-Invest, Whitbread, Revo Hospitality, IHG, Motel One and Erste Group.   ... More

Investment Barometer 2025

Delve deeper into return and demand

Delve deeper into return and demand

HospitalityInside INVESTMENT Barometer 2025 is up and running! Join in!

Virtually all of last year's HospitalityInside INVESTMENT Barometer predictions have come true this year. The questions in the new survey, which starts today, delve deeper into returns and demand. Your opinion is important to us. Join in, preferably right away.

Magazine

Pac-Man is still hungry

HI+Pac-Man is still hungry

The market shakeout continues - Expansion only through acquisitions

Which operators will still be available to hospitality investors as reliable partners in the future? A panel with the current Movers & Shakers on the hospitality stage at Expo Real - with Covivio, Art-Invest, Premier Inn, Revo, IHG, Motel One and Erste Group Bank - sought answers to this question. 

Strategy and structural change at GSH

HI+Strategy and structural change at GSH

More franchising with Wyndham and others – plans for Europe

A few days ago, Gorgeous Smiling Hotels (GSH) announced its new parent company and at Expo Real it signed franchise agreements with Wyndham for 25 hotels belonging to the group in Germany and Austria. 

A powerful couple

HI+A powerful couple

How to boost revenue per square metre and per guest

Hotels used to watch RevPAR first. Today the spotlight shifts: after Revenue per square meter (RevPSM), comes Revenue per Available Guest (RevPAG), a metric that values the entire wallet of the traveller across the stay, beyond the room. 

The new logic of hotel deals

HI+The new logic of hotel deals

With risk, structure and vision, you can still earn money in a crisis

What strategy will make hotels profitable even in times of crisis? What returns do investors expect, what rules do they use to pick out locations and properties? Answer: "The" strategy no longer exists. 

HI+

Treugast Rating 2025 sparks discussion

Treugast Rating 2025 sparks discussion
10.10.2025

In the sixth consecutive year of crisis, Motel One and B&B Hotels continued to hold their top positions in the Treugast Investment Rating 2025. But there were also clear losers and a well-deserved Special Award. The biggest challenge for everyone is the current economic situation.

Expo Real News from 10.10.2025

HI+Expo Real News from 10.10.2025

Barceló/KanAm Grund Group, Cocoon/Munich, Dorint/Halle, Horwath HTL/Hotels & Chains Report, IHG/Reykjavik, Motel One/Flemings, Novum/Financial Year 2024, Pan Am/Hotels

Next step: OpenAI integrates OTAs, Uber and others

HI+Next step: OpenAI integrates OTAs, Uber and others

OpenAI moves from chat to platform. With new partnerships in travel, the company behind ChatGPT is opening a new distribution channel to plan and book trips.

Maritim Amsterdam: Water damage delays opening

HI+Maritim Amsterdam: Water damage delays opening

The opening of the long-awaited Maritim Hotel in Amsterdam has been postponed once again, following a major setback during a safety inspection. 

News Mix from 10.10.2025

HI+News Mix from 10.10.2025

Ascott/Colmar, B&B/new openings, Choice/Marseille, Como Lake/Lecco, Four Seasons/Shura Island, Grand Metropolitan/Loev, Hilton/Outset Collection, Hotusa/Palermo, IHG/Parma, JustStay/Bamberg, Leonardo/Munich, Marriott/Verona, Minor/West Cairo, Numa/Spain, Oman/Growth, Radisson/Herbolzheim, SLS/Shura Island, Tiziano e die Congressi/Lecce, TUI/Tozeur, Tuscany/Flow East, Wyndham/Istanbul 

Transactions in Europe: Spain and HNWIs in the lead

HI+Transactions in Europe: Spain and HNWIs in the lead

Hotel investments in Europe remain attractive to investors, with a focus on Western European markets in the first semester of 2025. And: There were interesting developments in buyer profiles.

Locals take Amsterdam city to court over mass tourism

HI+Locals take Amsterdam city to court over mass tourism

Amsterdam is once again at the centre of a dispute over mass tourism. A coalition of residents has filed a collective lawsuit against the municipality, accusing city leaders of ignoring their own rules on controlling mass tourism. 

Center Parcs: A new chapter with plenty of capital

HI+Center Parcs: A new chapter with plenty of capital

Even though Europe's tourism sector remains difficult, Pierre & Vacances-Center Parcs announced it will keep its financial target for 2025, expecting an adjusted EBITDA of more than 180 million euros, and setting a new goal of 270 million euros for 2030.

AI acceptance: Lack of expertise and strategy

HI+AI acceptance: Lack of expertise and strategy

AI is spreading rapidly, but there is still a lack of trust in it. Companies and employees lack expertise, which means they also lack strategies. A sobering global study on AI and automation in the hotel industry.

Travel and tourism will create 91 million new jobs

HI+Travel and tourism will create 91 million new jobs

A new report states that the industry will create around 91 million new jobs worldwide by 2035. But demographic and structural changes will lead to a shortage of more than 43 million skilled workers.

VIP News from 3.10.2025

HI+VIP News from 3.10.2025

Lily Wecker / Joanna Flint, Chris Whitehouse, Sbishek Sharma / Kandé Camara, Christian Gradnitzer, Emlyn Brown / Maria Kuhl, Romina Gaupels / Armin Bruckmeier, Isabell Bisping / Steve Ayalo, Matthew Lloyd / Heinrich Morio / Arnaud de Saint-Exupéry, Laurent Herschbach / Ulrich Schwer, Florian Steinmaier / Daniel Neubauer / Katja Freese, Jan-Hendrik Walloch / Susanne Eickermann-Riepe

Expo Real

Plenty of variety and a trade fair day for the curious

Plenty of variety and a trade fair day for the curious

Since the beginning of September, there has been a flurry of activity surrounding Expo Real. Some partners joined at the last minute. You will find 25 companies at World of Hospitality in Hall A1. 120 companies have registered for BRICKS & BRAINS. And the third day attracts curious visitors and newcomers with small prizes, including lectures with Weisswurst, Career Day and the World of Hospitality Brunch. 

Expo Real Conference 2025: Hospitality between extremes

Expo Real Conference 2025: Hospitality between extremes

The Hospitality Industry Dialogue (HID) kicks off with the leisure boom in South-East Europe. And then things heat up at the Expo Real hotel conference: from climate risk for hotel projects, franchising & asset-light to record margins & zero profit, and right through to high-speed market consolidation. The program. 

BRICKS & BRAINS 2025: Off to Macherei!

BRICKS & BRAINS 2025: Off to Macherei!

“Hospitality meets Real Estate” – for the 16th time. And for the first time at Scandic Munich Macherei. BRICKS & BRAINS welcomes its event guests in a Scandinavian living room, entirely in the hygge style.

Content Partner

"Redebedarf": Benefiting from change with AI

"Redebedarf": Benefiting from change with AI
10.10.2025

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. 

QR & Distribution: First think ahead, then act

QR & Distribution: First think ahead, then act

Under the motto "Think ahead instead of just reacting", Quality Reservations is organising the QR Vordenker-Tage, a regional event series in Germany for hoteliers. Following successful events in Stuttgart and the QR headquarters in Hanover, the third event will take place in Münster on 4 June 2025. 

News Mix overview

News Mix from 10.10.2025

HI+News Mix from 10.10.2025

Ascott/Colmar, B&B/new openings, Choice/Marseille, Como Lake/Lecco, Four Seasons/Shura Island, Grand Metropolitan/Loev, Hilton/Outset Collection, Hotusa/Palermo, IHG/Parma, JustStay/Bamberg, Leonardo/Munich, Marriott/Verona, Minor/West Cairo, Numa/Spain, Oman/Growth, Radisson/Herbolzheim, SLS/Shura Island, Tiziano e die Congressi/Lecce, TUI/Tozeur, Tuscany/Flow East, Wyndham/Istanbul 

News Mix from 3.10.2025

HI+News Mix from 3.10.2025

a&o/London, BWH/new name, Cavallino Bianco/Caorle, CHC Holding/Investors, Dorint/Mannheim, DSR/Leipzig, Extendam/Vila Nova de Gaia, Grupo Hotusa/Sevilla, GSH/Aspire, Habyt/Berlin, IHG/Ingolstadt, Legacy Hotels/ Kakheti, Leonardo/Hamburg, LRO Hospitality/Brussels, Mandarin Oriental/Venice, Marriott/ Marriott Bonvoy Outdoors, Series; Numa/Cologne, Nürburgring/Own Operations, Pandox/Kiruna, Premier Inn/Berlin, Radisson/Düsseldorf, Signo/Lenggries, The Glacier/Les Diablerets, Union Investment/Berlin, Wyndham/Conegliano

News Mix from 26.9.2025

HI+News Mix from 26.9.2025

ABG Real Estate/Dresden, Accor/Krakow and GCH, Alltours/Rhodes, Atlantic/Erfurt, Bachmair am See/For sale, Bain Capital/Paris, Bypillow/Florence, Die Post/Sulden, DJH/Turnover 2023, Europa-Park/Alsace, Grand Hotel Bosco Palace/Lago Maggiore, Hilton/Helsinki, IHG/Cairo, Ruby, Eltville-Erbach; Jesolo/pipeline, Limehome/Cologne, Mandarin Oriental/Dubai, MCH/Insolvency, Neom/The Line, Pierre Hotel/New York, Premier Inn/Berlin, Radisson/Romania, RIU/Toronto, Signo Hospitality/Düsseldorf, Soges Group/Borgo di Cortefreda, Staycity/London, TFE/Berlin, TUI/Europe

News Mix from 19.9.2025

HI+News Mix from 19.9.2025

1 Hotels/Copenhagen, Accor/Heide, Aman/Karingani, Amapa/Milan, B&B/Zwickau, Bari/pipeline, Corinthia/Brussels, Emaar/Hurghada, Four Seasons/Paris, Galzignano/management, Grand Hotel Wien/Vienna, Great2Stay/Heidelberg, Hilton/Hamburg, Hotel Gołębiewski/Baltic Sea, Hotel zur Tenne/Kitzbühel, Hyatt/Berlin, IHG/Paris, Ikos/Corfu, Novum/Rostock, Marriott/Istanbul, Pandion/Munich, PGIM/Berlin, Radisson/Ludwigsburg, Seibu Prince Hotels/Ace, The Social Hub/Turin, TUI/Oman, Una/Basilicata, Vivium/Athens 

Marketplace

Trillions in damages caused by cybercrime

Trillions in damages caused by cybercrime
10.10.2025

Cybercrime causes financial damage amounting to 8.46 trillion euros worldwide, and the trend is rising. Companies are increasingly becoming victims of hacker attacks, as is currently the case with Motel One, for example. 

Travelling by public transport made easy

Travelling by public transport made easy
10.10.2025

When looking for a holiday home, you often find many filter functions such as location, size or price to choose from. One provider has now added public transport connections to make it easier to travel without a car. 

Digitalisation desired, but faster please

Digitalisation desired, but faster please
3.10.2025

Austria is already investing heavily in the digital future. But there could be even more and progress could be faster. The hotel industry is therefore hoping for support from politicians, e.g. through tax incentives and less bureaucracy.

Germans love "set jetting"

Germans love "set jetting"
3.10.2025

Where do travellers get their ideas for their next trip? They prefer to travel to film locations - but to different ones than you might initially expect. However, the trend is changing.

Expo Real

Here you can find our picture gallery with impressions from Expo Real in Munich and our Bricks & Brains evening event.

--------------------------

Many thanks to all partners, friends and visitors to World of Hospitality for attending Expo Real, for your trust and for your enthusiasm for the industry!

In the coming weeks, our authors will be preparing topics from the conference as well as impressions and results from discussions and interviews.

All company profiles and contact details of our partners will also be available on the Expo Real page of hospitalityInside.com until next summer. As always, further information and background reports can be found in the magazine or the Marketplace News.
 --------------------------

The Topics of the Conference HID:
Leisure Boom / Climate Risk / Franchise / Zero Profit / Market Consolidation


--------------------------

The Hospitality joint stand

 

Save The Dates!

Hotels Tomorrow, edition 2

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

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

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

Special conditions for subscribers!

Financial Results

//static.hospitalityinside.com/image/convert/hos/2025/02/13/tui-group-logo-16-9-1920-jpeg-67ae141888578304675084.jpeg?s=8feb08bd9178715810a4ef38fe955cd2

Growth for 2026 already in sight

TUI Q4 2025: Ahead of the publication of its full-year results on 10 December, the TUI Group confirmed this week that it will achieve the adjusted EBIT growth forecast for the 2025 financial year, which was raised in August.  

//static.hospitalityinside.com/image/convert/hos/2023/10/23/mhp-logo-16-9-653628e31faff902365964.jpg?s=df1faf3cf7054bb30f14025ff68e4055

Expectations met

MHP Hotel AG HY1: The Munich-based hotel operator recorded a significant improvement in its operating results in the first half of 2025.

//static.hospitalityinside.com/image/convert/hos/2024/03/27/aroundtown-logo-16-9-1920-660418f5a1977751924403.jpeg?s=4492a6f6155bff7c3c966a803534ce8b

HI+More conversions planned

Aroundtown H1 2025: Hotels account for 22% of the group's real estate portfolio. Further conversions of office space into serviced apartments are currently underway.

//static.hospitalityinside.com/image/convert/hos/2025/02/13/tui-group-logo-16-9-1920-jpeg-67ae141888578304675084.jpeg?s=8feb08bd9178715810a4ef38fe955cd2

Hotel EBIT at previous year's record level

TUI Group Q3 2025: The tour operator has achieved its best Q3 result since the merger of TUI AG and TUI Travel PLC in 2014: EBIT grew by +38% to €321 million, while revenue rose by 7% to €6.2 billion. The drivers for these increases included the TUI hotel and cruise companies and TUI Musement.

//static.hospitalityinside.com/image/convert/hos/2023/11/02/motel-one-logo-1920-px-16-9-6543faac05e85484400438.jpg?s=6766d9bc6e741a53d95ce2c99d286fce

HI+Still super dynamic

Motel One Group H1 2025: The budget design hotel group continues to develop dynamically – internationally, conceptually, and economically. The second brand is also gaining momentum.

Balance sheets at a glance
"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.

Sentiment Survey

How is the investment market reacting? Click on the banner to join in!

Logo Investment Barometer

Newsletter


Unsere Hospitality-Themen der Woche.

Picked

//static.hospitalityinside.com/image/convert/hos/2025/10/09/mediaserver-fp-2ffileorigs-2f2f-2f2fz9spphwhcpxeacs2-1760010702-8dnveay-68e7b4e16d4b1247813053.jpg?s=e84304ae518e290e7aa67fc852cfd798

Tourists: Out and about in Uslar with VR glasses

During city tours, visitors to Uslar can immerse themselves virtually in the history of the city. What is behind this virtual journey through time, how does the adventure unfold, and does it actually attract more tourists?

//static.hospitalityinside.com/image/convert/hos/2025/10/09/mediaserver-fp-2ffileorigs-2fkq-2fkqomwvdaosilqvxrgi-1760010702-lsf4koa-68e7b1299641a645506786.jpg?s=0994b10673bdc0eaaa94a168069a43f8

Ecosystems influence tourism

Green spaces cool cities in summer, forests store CO2, attractive landscapes attract tourists – ecosystems make a significant contribution to human well-being. Concrete data supports this for the first time.

//static.hospitalityinside.com/image/convert/hos/2025/10/02/mediaserver-fp-2ffileorigs-2f8m-2f8m4kkjiqoctkc3sev7-1759397652-l6cftcg-68de7877513e7553410435.jpg?s=51c9db34d5900e9f57f4970113cb5ac0

If you're quiet, you can stay

In Skåne, Sweden's southernmost region, holidaymakers can stay in a cabin for free from the end of October. The catch: if you're loud, you're out. From 6 October, interested parties can apply for the time out in silence.

//static.hospitalityinside.com/image/convert/hos/2025/10/02/mediaserver-fp-2ffileorigs-2fmf-2fmfbmxtddx1sl22pzku-1759397652-8xwzn7w-68de797d1406d538718703.jpg?s=37536f20ae59d961b21238ce52a808a1

Norderney: Meetings in the Tiny House

In the centre of the island's spa gardens, two tiny houses attract curious glances. They are equipped with WiFi and a desk - the only thing missing is a bed. That's because the Tiny Houses are aimed at specific guests.

More Picked

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."

(c) 2005-2021   HospitalityInside GmbH   Allrights reserved.·This article is protected by copyright. You may not redistribute it unless you have previously purchased a license.Please be fair and observe these rules, as they are a cornerstone of our magazine,which provides you with editorially prepared information of a high standard and with carefully researched content.

Become an INSIDER
  • Shop Abo
  • HITT
  • Expo Real 2025
HOSPITALITYINSIDE

HospitalityInside is a specialised publishing house delivering high quality content and contacts for top management in the international hospitality industry through its online magazine, think tank and networking events.

About Us

  • Über uns
  • Team
  • Partner
  • Events
Legal

  • Impressum
  • AGB
  • AGB Events
  • Datenschutzerklärung
  • Gender-Hinweis
contact us

HospitalityInside GmbH

Paul-Lincke-Strasse 20,
86199 Augsburg, Germany

office@hospitalityinside.com

+49 821 885880 20

© 2025 HospitalityInside
{"host":"www.hospitalityinside.com","user-agent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","accept":"*/*","accept-encoding":"gzip, br, zstd, deflate","x-forwarded-for":"216.73.216.1","x-forwarded-host":"www.hospitalityinside.com","x-forwarded-port":"443","x-forwarded-proto":"https","x-forwarded-server":"17fef66d9534","x-real-ip":"216.73.216.1"}REACT_APP_OVERWRITE_FRONTEND_HOST:hospitalityinside.com &&& REACT_APP_GRAPHQL_ENDPOINT:http://app/api/v1