MIPIM 2022 (21 MB)
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Positions & Opinions<br />
Real Circle<br />
#24<br />
Hospitality must<br />
be revitalized<br />
Hotel and leisure real estate. Forty selected decision makers discussed pressing issues in the hotel industry<br />
at the 24th Real Circle hosted by n IMMOunited, Erste Bank, ERSTE Immobilien KAG and ImmoFokus in the<br />
Winter Garden of the Erste Bank Campus.<br />
Authors: Patrick Baldia, Gerhard Fritz, Lisa Grüner, Amelie Miller, Rudolf Oezelt und Heimo Rollett.<br />
D<br />
omestic tourism has once again<br />
suffered massive losses in the<br />
second Corona year 20<strong>21</strong>. This is<br />
emphasized by the preliminary<br />
data from Statistics Austria. According to the<br />
statistics, overnight stays fell again by almost 19<br />
percent to 79.57 million compared to 2020. That<br />
was 48 percent less than in the year before the<br />
pandemic (2019). This means that the tourism<br />
industry has regressed by around 50 years: in<br />
1970, 79.52 million guests had booked into guesthouses,<br />
hotels and vacation apartments.<br />
ESG in the hotel and tourism industry.<br />
The hotel and tourism market works a little<br />
differently from other asset classes in terms<br />
of sustainability. Only regulations such as<br />
CO2 taxation and the taxonomy or a change<br />
in demand could bring a relevant turnaround,<br />
according to the opinion of the experts. However,<br />
this would not solve overtourism and the<br />
fundamental essence of the tourism trade.<br />
Even though everyone is currently talking<br />
about ESG, „to be honest, sustainability has not<br />
really been an issue in hotel transactions in the<br />
last two years,“ admits Melanie Waraschitz of<br />
44 ImmoFokus
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