“The last 15 months have unfortunately shown that the cellar is a very deep one, especially in Europe,” explains Martin Schaffer, partner at mrp hotels in his guest contribution to The Property Post. However, first signs of recovery are in sight due to the easing measures that have been adopted and booking figures are rising rapidly.
Holiday hotels in the DACH region are experiencing a real boom since the Corona-related travel restrictions. Will this trend establish itself on the market in the long term or is it just a side effect of the pandemic?
In her podcast with elevatr, Lea-Sophie Zwoch, Consultant at mrp hotels, talks about the future potential of the German holiday hotel industry.
Follow-up after a first conversation in March 2020 with mrp hotels and Reiner Nittka ,CEO GBI Holding AG about the time with the Corona Virus:
Dealing with rents and leases, impact of provided credits, monetary losses of products and companies, “new” interesting business areas and a first cautious outlook ahead.
Entrepreneurs are becoming even more prudent and are planning on an increasingly short-term basis. Already demanding guests are becoming even more demanding with regard to health and hygiene in the business. The hotel industry in Germany and Austria will, depending on the concept, come out of the crisis with a black eye, but will not or does not want to be a profit driver of the Corona crisis.
Real estate stocks are currently experiencing a roller coaster of emotions. While residential real estate is one of the beneficiaries of the Corona crisis, retail and hotels are struggling with severe headwinds. We have taken a look at how the individual securities have performed and what UBM is doing to combat the crisis.
On October 5, mrp hotels had the chance to talk to Matthias Schultze, Managing Director of the German Convenction Bureau, about congress formats and development perspectives of event hotels. In the podcast, you can find out what significance hybrid formats have here and what requirements companies will have in the future.