Industry News

Topping out ceremony held for Graz mixed-use project

Reading Time: 2 minutes Austria: Developer GBI has held an official topping-out ceremony for the Graz IntercityHotel, which will offer 229 rooms and 187 student apartments in a separate SMARTments student block.

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Event review: RECHARGE 2019, Berlin

Reading Time: 8 minutes   Around 130 professionals from the serviced apartment and broader hospitality sectors converged on Berlin last week for the second annual RECHARGE event. George Sell reports. Hosted at the Colonia Nova venue, the 2019 RECHARGE event picked up where last year’s Amsterdam debut left off, with a great atmosphere of collaboration and

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Looking to the future: the next five years in the German market

Reading Time: 7 minutes You don’t need to be a prophet to predict that the world in the next five years will change faster and more thoroughly than in any previous five-year period – a rule that is bound to prevail. Digitalisation, significant demographic shifts, new work and business structures plus changed mobility are

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The art of catering to long-stay clients

Reading Time: 6 minutes First and foremost: The guests should feel good all around. This, in a nutshell, is the main purpose of every lodging business, isn’t it? What is already a huge challenge for hotels even becomes a mammoth task for operators of serviced apartments, for the needs of the individual guests in

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The investment angle

Reading Time: 5 minutes The low-interest phase has now lasted almost eight years and is increasingly attracting the attention of institutional investors to the real estate market. Hotel properties and serviced apartments are now among the investment properties that are coming under close scrutiny. For GBI AG this is naturally an exciting and promising

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Diversification and risk sharing with serviced apartments

Reading Time: 4 minutes In the second of a series of reports from Germany, Jan Winterhoff, director of hotel development at GBI AG, describes how project developers survey site conditions and why Mixed-Use is a good concept for the future. This week, important decisions will be made in Europe on how the hotel market,

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Looking to the future

Reading Time: 4 minutes In the first of a series of reports from Germany, Reiner Nittka, CEO of GBI AG, looks at the rapid growth of the country’s serviced apartment sector. Barely ten years ago concepts such as “serviced apartments” and “business living” would have drawn blank looks in the hotel and accommodation sector

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Talking development: Jan Winterhoff, GBI AG

Reading Time: 5 minutes Jan Winterhoff, director of hotel development at GBI AG, talks to SAN about the German serviced apartment sector and the company’s international expansion plans. • When did GBI first become involved with the serviced apartment/extended stay sector, and what was the initial motivation to enter the market? “GBI AG is