- Hospitality Industry Dialogue 2025 to focus on market consolidation, margins and climate risks
Hotel investment activity is gathering pace, with transaction volumes increasing, though not yet back to pre-pandemic levels. The shift in the market will be a central theme at EXPO REAL in Munich from 6 to 8 October 2025, where the Hospitality Industry Dialogue (HID) will bring together operators, investors and stakeholders.
The industry is experiencing a wave of mergers and acquisitions, with both financial investors and operators acquiring operating companies. This consolidation reflects ongoing earnings pressures, particularly from high staff, energy and operating costs. At the same time, investment demand is strengthening, with institutional investors returning and private investors, such as family offices, providing long-term support for the hotel asset class.
Claudia Boymanns, Exhibition Director of EXPO REAL, said: “This year, the Hospitality Industry Dialogue (HID) will live up to its name more than ever by inviting renowned stakeholders and market players to engage in dialogue on the HID stage. The dominant topics this year include the market shakeout and margin pressure, changes in hotel investment, the leisure boom at individual destinations, and the resilience of the industry in the face of growing climate risks.”
Technology adoption is also accelerating, driven by staffing shortages and greater acceptance of automation among guests. Digital processes are becoming a key tool for operators seeking to improve efficiency and manage costs.
Sustainability remains high on the agenda for both investors and operators, with climate risk increasingly factored into return on investment calculations. Boymanns added: “The hospitality industry has enriched EXPO REAL for many years, also because investors have accepted it as an alternative to other asset classes. Furthermore, it is considered crisis proof.”
The Hospitality Industry Dialogue 2025 will take place on Monday, 6 October, in the Planning & Partnerships Forum in Hall A1 at EXPO REAL.