Shopping has been recognized as an important leisure activity for many years. According to YouGov data, roughly one in five global leisure travelers say they travel mainly for shopping. “It brings in revenue and foreign exchange earnings, creates jobs, and gives travel destinations more variety. It can help spread economic development across regions, particularly through […]

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ACROSS: To what extent do retail and the hotel industry feed off each other? Why does linking these areas make sense from an investment perspective? Andreas Löcher: Both asset classes comprise operational real estate, which automatically means there are many similarities. The property itself is used to earn money through the sale of goods or […]

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Riem Arcaden is the largest shopping center in Munich, Germany, regarding floor space. It was built in the Messestadt Riem district, opened in 2004, and expanded in 2018. Today, the district around the Riem Exhibition Center in Munich showcases modern urban development, with Riem Arcaden StadtQuartier at its heart. Everything that makes an area vibrant […]

The post RIEM ARCADEN STADTQUARTIERMUNICH: HERE LIVING, WORKING,SHOPPING, AND LEISURE COMETOGETHER appeared first on ACROSS.

ACROSS: HOW SIGNIFICANT IS SHOPPING TOURISM FOR THE TRAVEL AND TOURISM INDUSTRY? CHRISTIAN BUER: In a more limited sense, the term shopping tourism is associated with a visit to a shopping center or an outlet, with a clear focus on shopping locally. Shopping tourism in the broader sense is particularly important for city tourism. Examples […]

The post HOTELS & RETAIL: “THE MOST OBVIOUS CORRELATION CAN BE FOUND IN THE LUXURY SECTOR” appeared first on ACROSS.

We have seen many nice and successful examples, be it in tourist hotspots, such as Las Vegas or Macau, with their additional casino backdrops, or large out-of-town malls with huge catchment areas, such as Mall of America, which have dozens of hotels located nearby. There are also good examples within our vicinity. Retailers and hotels […]

The post “RETAIL AND HOTELS – SEVEN REASONS WHY LEARNING FROM EACH OTHER WILL LEAD TO AN UNBEATABLE POSITION IN THE FUTURE!” appeared first on ACROSS.

For owners and operators of shopping centers, the integration of hotels at suitable locations, as part of a restructuring and further development effort, is an ideal way to add new offers to their modern marketplaces. For hotel operators, on the other hand, shopping centers offer excellent opportunities to add suitable hotel concepts to established locations […]

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The German retail and hotel industries have one thing in common: Neither sector has returned to the level of the last pre-coronavirus year of 2019. However, a comeback is in full swing in both the hotel and brick-and-mortar retail sectors. In retail, exciting new concepts are entering city centers, including luxury brands and new concept […]

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The designer outlet industry has strong links with the hospitality industry. Although outlet managements rarely run hotels themselves, the cooperation between the hotel industry and the outlet sector is very close – the more touristy the location, the closer. “As well as supporting organizations such as the WTTC, offering tax-free shopping facilities for international guests […]

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Before contemplating potential synergies, examining the differences between these two sectors is essential. The retail and hotel industries exhibit distinct differences in their market approaches due to the specific nature of their services and products and the differing customer interactions and expectations. These include: Retail Industry: Hotel Industry: The retail experience is heavily influenced by […]

The post Can AI Identify Potential Synergies Between Retail And Hospitality? And How Can These Insights Be Practically Implemented? appeared first on ACROSS.

Shopping tourism is steadily growing, providing travelers with cultural landmarks and diverse shopping experiences. The burgeoning trend of retailtainment expands traditional shopping by incorporating interactive and entertaining elements. The mixed-use hotels and shopping malls offer numerous benefits and enhance the appeal of urban spaces. Moreover, MK Illumination sets new standards in retailtainment by transforming shopping […]

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