The future of the family hotel: This is how the generational handover is successful!
The future of the family hotel: This is how the generational handover is successful!
Keine genaue Adresse oder Ort im Text angegeben. - The challenges when taking over a hotel by the next generation are complex and require careful planning. On June 11, 2025, a current press release illuminates the most important questions and aspects that must be taken into account in such a project. The decision to take over goes beyond personal ambitions and also includes the opinions of the parents and siblings as well as the need to recognize your own suitability and possible gaps. A transparent agreement within the family is essential to avoid conflicts and maximize the chances of a successful handover. ots reports that must be the central question: "Do I want that?"
In order to keep an owner-managed hotel in the long term, concrete investments are also necessary. Ideally, the planning should begin 10 years before the handover. Rockthehotel.de states that early planning not only grants flexibility, but also helps to correctly assess the value of the company and to clarify legal questions.
important aspects of the successor
The successor in the hotel industry comprises several crucial steps. Below is an overview of the six most important aspects of successor planning:
- early planning
- Legal and tax framework conditions
- inventory and company valuation
- family -internal challenges
- handover schedule
- clear agreements and transparency
The transfer schedule is a structured guide that takes place in three phases: First the senior and the junior learns, after which the junior gradually takes over the management while the senior provides advice. In the last step, the senior withdraws completely and the junior bears the full responsibility. These phases should be supported by clear agreements and open communication within the family to avoid misunderstandings. Emotional factors that are particularly relevant in family business can also influence the process. Entrepreneur-Manufaktur indicates
Another critical point is the right timing. A lead time of about four years is recommended, whereby the handover can be divided into different phases. A clear distribution of roles and the agreement of freedom of choice for the successors are of great importance. In addition, potential successors should be prepared to have to emancipate themselves from their predecessors and to consolidate their position.
The 7 phases of the hotel handing over
In order to make the successor successfully, the following phases must be planned:
- Basic decision
- company valuation
- variant comparison
- selection phase
- negotiation phase
- handover schedule
- implementation support
Well -structured succession planning can help to master challenges and to secure the continued existence of the company. However, the emotional bond, which is often associated with family businesses, should not be underestimated. Formal and informal conversations as well as the support of specialists for corporate donations can help to successfully master the challenges of succession. are .
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