TRIBE Continues to Expand in Europe with Opening of Its Second Hotel in Germany
Un-beat-able Design: The Aussie hotel brand brings bold vibes to Düsseldorf.
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Anja Bachmann has been appointed as Head of Development - Germany and the Netherlands at easyHotel
easyHotel, the great value low-carbon hotel brand, has announced its appointment of Anja Bachmann as Head of Development in Germany and the Netherlands, as the Group looks to grow its network of hotels across the Netherlands and expand into new German markets.
ITB Berlin 2025 launches ticket sales and registration for top buyers
The online ticket shop is open now for tourism professionals and offers attractive early bird rates until 14 January 2025. Ticket holders have automatic access to the new ITB Match & Meet networking function. Senior buyers can apply now for the exclusive ITB Buyers Circle.
Garner launches in Europe with first hotel openings in Germany
IHG Hotels & Resorts (IHG), a global leader in hospitality, launches new midscale conversion brand, Garner, in Europe with its first hotels opening in Germany. The brand's debut is in partnership with NOVUM Hospitality, one of Europe’s largest private hotel operators.
Grand Metropolitan Hotels acquires majority stake in TOP INTERNATIONAL Hotels
With the acquisition of TOP INTERNATIONAL Hotels, Grand Metropolitan Hotels will expand its portfolio, leveraging synergies to enhance the competitiveness of its partner and member hotels in global markets. The integration of established processes, innovative technologies, and expert knowledge will be key to shared success.
Berlin hotels posted all-time high performance for September
The 2024 International Trade Fair for Transport Technology (InnoTrans) pushed Berlin’s monthly average daily rate (ADR) and revenue per available room (RevPAR) to all-time highs, according to September preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
Scandic expanding in Germany – opening new hotel in Stuttgart
Scandic has signed a long-term, revenue-based lease agreement with property owner AXA Investment Managers to take over a 174-room hotel in central Stuttgart. The hotel will be renovated and adapted to Scandic's brand and operational standards before the planned opening in the fourth quarter 2025.
Habyt Expands with a New Opening in Leipzig
Habyt, a leading global provider of co-living and flexible housing, is proud to announce its continued expansion across Europe with the launch of its latest development in Leipzig, Germany. This new project marks not only Habyt's entry into the Leipzig market but also its presence in a landmark 20th European city, further cementing the company's position as a key player in the flexible housing industry. The Leipzig opening follows two other major milestones for Habyt: a market entry in Brussels and a new development in Madrid, as the company continues to bring its innovative housing solutions to new locations across the continent.
Tourism innovations of tomorrow: ITB Berlin opens call to submit innovations for the eTravel Stage and ITB Innovators
Innovations are decisive for the success of developing and securing the future of the tourism industry. As the World’s Largest Travel Trade Show, ITB Berlin offers these innovations a groundbreaking platform. From 4 to 6 March 2025 the eTravel Stage, an integral part of the ITB Berlin Convention, will be focusing on technological change and digital progress in the travel industry. Experts can share their knowledge with an international audience of trade visitors at a total of five theme tracks. With the ITB Innovators, ITB Berlin puts the spotlight on the visionaries in the travel industry. The future-oriented platform presents the latest products, innovations and services by ITB Berlin’s exhibitors that have the potential to make a long-term impact on the industry.
Radisson RED debuts in Germany with its opening in Berlin
The newly opened Radisson RED Berlin Kudamm welcomes guests with cutting-edge lifestyle design. Following the extensive refurbishment and renovation of an existing hotel, Radisson RED Berlin Kudamm features a progressive design scheme, consisting of contemporary and elegant interiors infused with strong art and design features, perfectly aligned with Radisson RED's signature creative and bold aesthetic. Various materials, including wood, steel, stone, velvet and other soft fabrics, are used in a wide variety of colors and patterns for an eclectic, inviting and cool vibe in the public spaces.
Adele’s residency drove substantial gains in Munich hotel performance
Adele’s 10-day residency drove significant performance growth for Munich’s hotel industry, according to August 2024 data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
Hotel Taschenbergpalais Kempinski Dresden Completes Renovation
Around six months after the ceremonial reopening of the Hotel Taschenbergpalais Kempinski Dresden (Germany) on 15 February 2024, the renovation work is now complete. The legacy of Augustus the Strong and Countess Cosel shines through and through in sublime splendour in its 180 rooms and 31 suites. As soon as you enter the hotel, you will notice the sophisticated lighting concept in the lobby, with an installation modelled on the course of the River Elbe.
Oktoberfest Set to Drive a Third of Munich’s Hotel Bookings this Autumn: SiteMinder
Berlin, Germany – Hotel bookings during Oktoberfest are pouring into Munich and are set to account for 32% of the host city’s reservations this autumn. This is according to new data from SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels, which analysed forward bookings during the world’s most iconic beer festival celebrated in Bavaria within southern Germany.
Hilton Expands Presence in Frankfurt with Addition of Iconic Property
Featuring a range of wellness, culinary and meeting options just 15 minutes from the city centre, Hilton Frankfurt Gravenbruch is expected to open in October.
Berlin Hotel Market Spotlight
Berlin is at the top of the list of the world's favourite destinations for city breaks, both in Germany and internationally. The hotel landscape is correspondingly lively - increasingly sustainable and with numerous modern, new and individual concepts.
After expecting a slight revival in the hotel investment market at the beginning of the year, our latest Hotel Market Spotlight for Berlin now looks at the hotel performance itself.
How have profits and revenues developed within a year (H1 2024 vs. H1 2023)? Have operating costs and expenses increased? And what proportion do wage and labour costs account for? Here are the key findings:
Spotlights
- Despite considerable cost pressure, the full-service branded hotels in Berlin recorded rising profits in the first half of 2024.
- The occupancy rate reached 71% in the first half of 2024, up from 68% in H1 2023.
- While utility costs fell by 23%, the overall operating expenses increased by 13%. Labor costs recorded the strongest growth of 10% compared to the previous year.
- Nevertheless, thanks to 4% revenue growth, the GOP (gross operating profit) per available room rose by 2%.
Christine Mayer, Partner, Valuation & Advisory Services:
'The revenue of hotels in Berlin continues to recover, underpinned by Berlin’s popularity as a tourism and business destination. It is good to see that this also translates into improved nominal profits despite the cost pressures. A good sign for hotel investors and operators.’
Access the full report here
Brunfels Hotel, a Boutique Property in the Heart of Mainz’s Historic Old Town, Opens as Part of The Unbound Collection by Hyatt
Joining Hyatt's award-winning loyalty program, World of Hyatt, Brunfels Hotel will fuse cherished traditions with contemporary sophistication to deliver an elevated experience for urban explorers
Hilton Signs New Agreement for Iconic Hilton Munich Park Hotel
Hilton (NYSE: HLT) today announced the signing of a new long-term agreement for Hilton Munich Park with a joint venture company of Commerz Real AG and Hines. Hilton will continue to manage the property following a visionary redevelopment by the owners as part of the mixed-use Tucherpark project in Munich.
Former Nazi bunker turned into hotel and leisure complex in Germany
At 58 meters tall - just a little taller than the Leaning Tower of Pisa, but with considerably more heft - the St. Pauli bunker in Hamburg, Germany, has dominated the city skyline for just over 80 years.
Berlin hotel room rates jumped during an eventful July
Boosted by three key events, Berlin’s hotel industry posted its highest July levels in average daily rate (ADR) and revenue per available room (RevPAR), according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
Berlin Market Pulse 2024 – A Bright Outlook
Berlin, Germany’s largest city with a population exceeding 3.7 million, is a vibrant hub of culture, innovation and diversity. Renowned for its top universities, dynamic sports events, world-class museums and captivating arts scene, Berlin offers a rich tapestry of experiences. With residents of 190 different nationalities, Berlin embraces inclusivity and creativity, making it a truly cosmopolitan destination.
By Julia Dzerkach and Alexandra Dumoulin