Europe Hotel Transactions Bulletin – Week Ending 10 October 2025

Italian real estate firm Percassi Group has acquired the four-star, 118-room Hotel NH Orio al Serio in Bergamo, Italy from Commerz Real, the real estate and asset management arm of Germany’s Commerzbank. The property is situated next to Milan Bergamo Airport, around 50 kms from Milan and 4 kms from the historic centre of Bergamo. The hotel includes a restaurant, two bars and seven meeting rooms. The deal forms part of a wider transaction involving the adjacent Orio Center – Italy’s largest shopping mall – which Percassi is acquiring in a joint venture with Generali Real Estate, the property investment arm of Italian insurer Generali Group, for approximately €470 million, also from Commerz Real.

YHA Australia Becomes First Accommodation Network in Australasia to Roll Out Digital Wallet Key Technology Nationally

In an Australasian first, YHA Australia has implemented digital wallet key technology across its 19-property network. By simply downloading their digital key via the YHA Explorer App and adding it to their digital wallet, guests can now enjoy seamless, card-free entry to their room, lifts, social spaces and other facilities with the tap of their phone, eliminating the need for traditional plastic key cards.

Manchester Hotel Market Spotlight YE August 2025

The sample of branded full-service hotels in Manchester recorded a GOP per available room (PAR) of £36.0 in the 12 months ending in August 2025. This represents a 13.4% drop compared to the same period last year, due to a 4.0% decline in revenue, which was only marginally offset by the lower expenses (-0.5%).

The Next Paradigm: Experience Management as the Core Sales Engine of Hospitality

The hospitality industry stands at a pivotal juncture. While conversations about “customer experience” are ubiquitous, they often fall short, wound back to a digital customer-facing experience such as an app or a website or confined to customer sentiment, feedback, or Net Promoter Score (NPS) metrics. This is a significant limitation, possibly because it represents the extent of what the industry feels it can control or has visibility into. It is not a concept or practice that permeates in any meaningful way through sales and fulfillment processes in today’s hospitality. This narrow view has proven to be heavily limiting to the development of the industry over time and fundamentally misses the profound shift required. At TRAVHOTECH, we contend that Experience Management (XM) is not a KPI; it is the fundamental, living operating system for the future of hospitality. It represents a paradigm shift from a reactive, transactional industry to one that proactively, holistically, and strateg…

In Search of Solutions to Overtourism

Overtourism is one of the key concerns in many popular destinations, and each summer the warning signs become more difficult to ignore. These beloved-by-many tourists places – from historical European cities to small tropical islands – are struggling with “too many people”, with flocks of visitors crowding streets and historical sites.