The hospitality industry is also functioning in the crisis. Expectations for business remain high, as well as for increasing revenues.
It is only with new projects that the industry is struggling. Investments will not gain momentum until the end of 2024 or 2025. Family offices and fund providers are likely to set the tone then. ESG remains on the agenda. This is the result of the current INVESTMENT Barometer, the 10th survey by HospitalityInside and Union Investment.
As in previous years, the Augsburg-based specialist publisher and the Hamburg-based real estate investment manager ran the survey from the end of September to the end of October to capture the mood of Expo Real Munich. The slump in project developments since the summer was the top topic at the real estate fair this time.
Both the conversations in the trade fair corridors and the answers showed that the asset class Hotel has come to terms with the multiple crises, but with a view to further development, it misses reliable framework conditions above all.
You can now read the full press release at the link below