Business Divisions

Falkensteiner Michaeler Tourism Group focuses on all areas of tourism development. This allows us to gain experience in all fields and to create synergies that put us and our customers one step ahead of the competition at all times.

The Group is split into three core business divisions: FMTG Services (Hotelmanagement), FMTG Development, Michaeler & Partner and FMTG Others. This provides us with an internationally effective structure and thanks to our vertical integration of the value-creation chain, we are particularly effective as an all-round provider in the tourism industry.

• FMTG Services (Falkensteiner hotel management)

The FMTG Services division comprises all of the operational activities in the 27 hotels and 2 residences that are currently being operated under the Falkensteiner Hotels & Residences brand. It includes Falkensteiner’s own hotels as well as management and lease operations.
FMTG Services also provides support functions such as central purchasing, controlling, and sales and distribution. The current total of over 4,000 rooms (in other words, more than 10,000 beds) in five European countries has led us to introduce Group-wide standards and cross-departmental structures. By investing in quality and quality assurance, we have achieved a consistently high level of service quality.

• FMTG Development

The FMTG Development division works on the development, realisation and sale of tourism real estate projects. Important facets of this include the selection and assessment of locations, the development of optimised utilisation concepts, project financing, project management, planning optimisation and project marketing. FMTG Development manages a development volume of over EUR 200 million and concentrates on three types of projects: city and holiday hotels; mixed-use holiday resorts; and mixed-use hotels and commercial real estate.
The PREMIUM LIVING by Falkensteiner brand was presented in 2009. This is FMTG’s version of “serviced living”, an idea that originated in the US. It means that when people purchase a tourism property, they also gain access to the adjacent hotel. Examples of this include the Falkensteiner Residences Senia in Punta Skala (Croatia) and the Falkensteiner Residences edel:weiss at Katschberg (Austria). The sales team at FMTG Development concentrates on marketing and selling these projects.

• Michaeler & Partner

The Michaeler & Partner division is a tourism competence centre offering a wide array of services. From the planning and realisation of tourism projects (hotels, resorts, holiday properties, leisure infrastructure) at an international level taking current trends and market developments into account to strategic advice and year-round assistance – Michaeler & Partner offers comprehensive international know-how for investors, banks and companies in the tourism sector.
The team, which works in two locations in Vienna and Vahrn (I), stands out thanks to its holistic approach, forward-looking strategies and ongoing professional and personal development. Its shared success is based mainly on trust and complete discretion.

• FMTG Others

FMTG Others covers the development of the Group strategy as well as Finance, an area that includes Treasury, Group Reporting and Financial Accounting for the entire Group. Marketing and Human Resources are also associated with this division.