Harmful tipping points in nature pose one of the greatest threats to humanity. Their activation will severely damage the life-support systems of our planet and threaten the stability of our societies.

Globally and across all asset classes, the value of property has fallen by 50%. Nevertheless, some regions are maintaining their leading position despite the fall. The decline in the hotel industry was less dramatic. 

The Irish tourism industry has continued its remarkable recovery this year. Hotel transactions have also been brisk. But there is still some catching up to do.

Despite being one the fastest growing sectors, accounting for one in 10 jobs globally and contributing 10.4% of global GDP in 2019, Travel & Tourism’s water usage ranged between 3.5% and 5.8% of global available freshwater, in 2021 and 2019 respectively. 

Bob W/Copenhagen, B&B/Quarto d'Altino, BW/Singen, De Cecco/Pescara, Epoca/Apulia, Kempinski/Carpathia, Limehome/Hamburg, Marriott/Budapest, Minor/Vienna, Monrif/Bologna, One&Only/Sicily, R Collection/Val d'Aosta, Romantik/Lübeck, San Pallanza Resort/Lago Maggiore, Switzerland/Zurich, The Chocolate on the Pillow Group/Baden-Baden, The Porter/Kitzbühel

Negotiators from the European Parliament and the EU member states agreed yesterday evening on stricter requirements for the energy efficiency of buildings in the fight against climate change.

Shaji Abu Salih / Franck Descat / Amjad Irshaidat / Gordon A. Debus / Manuel Uguet y Villalba / Wendy Waldmann / Bireswar Das / Ganna Kryvoguz / Anni Honkanen / Sophia Pertig

It is one of the biggest hotel deals in Europe this year: LXi REIT announced that it is selling 66 of its 122 Travelodge hotel properties for a total of £210mn (€242mn). The sale has not yet been finalised. At the same time, Travelodge itself is about to be sold.

In the run-up to the announced hostile takeover, Choice has taken an unconventional approach, becoming a Wyndham shareholder through open-market share acquisitions, and is now about to nominate directors to Wyndham's board. In a second stag, Independently of this, Choice Hotels EMEA signed a strategic partnership with Spanish Sercotel. 

The insolvency in self-administration of the small arcona Hotels & Resorts group made many headlines this week. The management remains optimistic, as apparently do the owners. An update. 

Many spa managers lack strategic expertise and a feeling for future topics. Wellness guests are changing their behaviour, but only a few businesses are responding to this. 

In a groundbreaking move, German digital hospitality group Numa, announced earlier this week the acquisition of Yays, a prominent Dutch-serviced apartment platform backed by Proprium Capital Partners. 

Accor/Oradea, Belmond/Lake Como, Bzar/Rome, Collina Luxury Relais/Bergamo, CX - Milan Bicocca/Milan, Design Hotels/Mykonos, Domes/Santorini, DSR/Rügen, Düsseldorf/Karstadt, Habyt/Berlin, Hilton/Budapest, IHG/Dresden, ITI/Cagliari, Novum/Neu-Schönefeld, Oetker/Palm Beach, Parkhotel/Mannheim, Radisson/Stuttgart, Scandic/Helsinki, Sonar/Kelsterbach

Apulia/Cala Ponte, BrownHouse/Muze, CPI Property/Sunčani Hvar Sale, Experimental Group/Rome, Four Seasons/Private Residences Istanbul, IHG/Vignette Doha, It Mallorca Unique Spaces/Valldemossa, Kempinski Leipzig/Virtual Opening, Legat Living/Brandenburg, Marriott/Luxury Collection Tbilisi, Marriott/Autograph Collection Budapest, Numa/Rome, Radisson/Budapest, Stay Kooook/Leipzig, Tuscany/Hotel Oreion Forte dei Marmi, TUI/The Mora Zanzibar, Xenia Hotellerie Solution/IPO

Accor/Extended Stay, AHC/Verona, Ara Macis/Sorrento, Ascott/Vienna, CHC/Naples, Como/South Tyrol, Design Hotels/Ericeira, Dt. Hospitality/Prague, Gerch/Cologne, IHG/Taif, Hilton/Hawaii and London, Hyatt/Sevilla, Kempinski/Caribbean, Kerten/Rome, Kerzner/Athens, Lake Como/Iniziativa, Minor/Paris, Privathotels Dr Lohbeck/Fort Myers, Red Sea Global/Sheybarah

Atomis/Munich, Dorchester Collection/Dubai, Hilton/Rotterdam, HR Group/Rotterdam, IHG/Turin, ITI/Cagliari, Kerzner/Dubai, Koncept/Siegburg, Marriott/Patmos, Motel One/Karlsruhe, Philipp Plein/Milan, Relais & Châteaux/Luxor, Sardinia/Albergo nautico diffuso, SEA Milan Airports/Linate, Weissenhaus/Adults only.

Ana Hotels/Bukarest, Baglioni/Sale, Casa Cipriani/Fund, Eydn/London, Hilton/Lille, Hyatt/Davos, IHG/Dubai, Limehome/Rome, Pellicano/Tuscany, Radisson/Helsinki, Berlin Aquarium, Lake Como, Rosewood/Crete, Six Senses/Aiula, Travelodge/Mallorca, Zacchera/Lago Maggiore.

AccorInvest/Paris, Arsenale/Usbekistan, Best Western/Köln, B&B/Cristal; B.Zar/Rom, Hilton/Gardasee, IHG/Belfast, Lindner/Speyer, Minor/Helsinki, Rocco Forte/Saudi-Arabien, Six Senses/Rom, Travel Charme/Bad Gastein.