IHG Hotels & Resorts, one of the world s leading hospitality companies, continues to evolve its luxury presence in Germany as they sign Alte Post in Reit im Winkl, a market debut for Vignette Collection, the company s newest luxury brand.
IHG Hotels & Resorts, one of the world s leading hospitality companies, continues to evolve its luxury presence in Germany as they sign Alte Post in Reit im Winkl, a market debut for Vignette Collection, the company s newest luxury brand.
For 2022, international real estate consultancy firm Cushman & Wakefield (C&W) recorded a total hotel transaction volume of EUR 1.9 billion in Germany. This is 25 percent below the previous year s figure and falls almost 60 percent short of the 10-year average. The year was again characterised by single-property transactions, contributing approximately 85 percent of transaction volume. Only four portfolio transactions were recorded. The average transaction size was EUR 29 million.