Expo Real is the international trade fair for real estate and investment, taking place from October 7–9, 2024, in Munich, showcases the entire value chain of the real estate industry. From development and financing to implementation, EXPO REAL provides participants with the chance to connect directly with key decision-makers in the industry. As Europe’s largest real estate network, the event offers a comprehensive overview of all asset classes and insights into their future trends and developments. It attracts professionals from various sectors, including real estate, finance, and technology, focusing on commercial property, investments, and innovations in real estate management.
Relevance to Hospitality Technology, Especially for Hotels:
For the hospitality industry, Expo Real is an important event because of its focus on real estate investments and technological advancements that can shape the future of hotels and related assets. Hotels are heavily reliant on efficient financial planning, asset management, and technology-driven operations. The event provides a platform to showcase innovations and discuss trends that affect hotel operations and investments.
Here are the main connections to hospitality technology, particularly in financial planning, reporting, and digitalised data management:
Hotel Financial Planning:
Investment Strategies: Expo Real gathers investors, property owners, and financial experts who discuss strategies for maximizing returns on hotel investments. Understanding trends in real estate and financing helps hotel owners and operators plan for future investments, acquisitions, and expansions.
Tech Solutions for Budgeting and Forecasting: Vendors often showcase software solutions for hotel-specific financial planning, helping improve accuracy and efficiency in budgeting, forecasting, and strategic decision-making.
Reporting:
Integrated Data Reporting: Modern hotel technology systems help automate financial and operational reports. The event highlights the latest tools that simplify compliance, auditing, and reporting processes by integrating data from various departments—like revenue management, accounting, and operations—into centralized systems.
Sustainability Reporting: With increasing attention to sustainability in real estate, Expo Real also introduces solutions for tracking and reporting environmental performance, which is becoming crucial for hotels, especially those managing large portfolios.
Data Management for Hotel Assets:
Asset Management Platforms: Digital asset management platforms are key for hotel operators, particularly when managing multiple properties. These systems enable centralized data management for tracking hotel performance, maintenance schedules, and asset depreciation. Expo Real showcases platforms that are optimized for real estate and hospitality assets, allowing real-time data tracking and improved decision-making.
Automation and AI: Expo Real also focuses on how AI-driven tools can automate tasks like financial data analysis, predictive maintenance for hotel properties, and even customer behavior forecasting. This enables hotel operators to streamline their operations and make data-driven decisions.
Why Attend for Hotels?
Hotels that attend Expo Real gain exposure to:
New Technologies: Innovations in financial software, property management systems (PMS), and data analytics tools.
Networking Opportunities: Connections with investors, technology vendors, and real estate experts, crucial for financing and technological improvements.
Future Trends: Insight into the future of real estate and digital transformation, helping hotel owners and operators stay competitive in a rapidly evolving market.
By attending, hotel owners can explore how to optimize financial planning and asset management through digitalisation, enhancing profitability and long-term value.
Fairmas’ Oliver Rabe and Rolf Arndt will be on the ground on October 8 and 9, to meet with existing customers and partners, and will present Data Management for Hotel Assets, Fairmas’ product-service solution to potential new customers who need support in helping them achieve their financial goals. Book your meeting here: oliver.rabe@fairmas.com / rolf.arndt@fairmas.com.