Otmar Michaeler

Otmar Michaeler is CEO and co-owner of Falkensteiner Michaeler Tourism Group AG, one of the leading privately owned tourism groups in Europe. FMTG’s model spans planning, development, construction, operation, and marketing of tourism real estate, including Falkensteiner Hotels & Residences, FMTG Development, FMTG Invest, and the consultancy Michaeler & Partner.

Michaeler joined the Falkensteiner business in 1995, the same year Falkensteiner Hotel Management and Michaeler & Partner were founded. In 2007, he founded FMTG together with Erich and Andreas Falkensteiner. He has also led Michaeler & Partner since 1995.

He studied business administration at the University of Innsbruck and began his career at Edinger Tourismusberatung. From 2010 to 2020, he served as President of Südtiroler Volksbank.

FMTG’s current footprint includes premium hotels, apartment residences, camping assets, development activities, investment offerings, and advisory services across multiple European countries. The group’s stated ambition is to be the leading 360-degree tourism group in Central and Southeastern Europe.

• Michaeler’s public investment activity is primarily visible through FMTG and FMTG Invest, not through a disclosed personal angel portfolio.
• FMTG focuses on premium hospitality assets, especially 4-star-superior and 5-star hotels, with branded residences and serviced apartments used to improve project economics.
• His stated positioning: “Wir verstehen uns nicht nur als Hotelbetreiber, sondern auch als Immobilienunternehmen.”
• FMTG Invest uses crowdinvesting as part of the group’s financing mix; the platform says it has attracted more than 6,390 investors and raised €126.8 million since 2017 across 15 financing rounds.
• In a 2025 interview, Michaeler said FMTG expected crowdinvesting and bank financing to move toward an approximately 50/50 financing mix.
• FMTG’s growth priorities include Italy and Croatia, selected Austrian markets such as Tirol and Salzburg, expansion into northern and eastern Germany, and management-contract growth in Eastern Europe.
• The group emphasizes quality over volume, brand clarity, long-term tourism resilience, sustainability, and customer loyalty through investor relationships and voucher-based returns.