A rough diamond, not for sale

Vienna/Frankfurt. The Austrian project developer Porr Solutions and Steigenberger subsidiary InterCity Hotel have announced a cooperation agreement for the expansion of the 3-star brand in Central and Eastern Europe.

Berlin. The second of three new Steigenberger Hotels in Berlin has been announced: Steigenberger BBI at the future airport will be followed by an InterCity Hotel with 412 rooms located at Berlin’s central station.

Frankfurt. After Karl-Anton Schattmaier and André Witschi, this Tuesday it was Arco Buijs' turn to present the next new future of the Steigenberger Hotels Group. A new model for the future for each CEO - three models from three CEOs in Steigenberger's recent past. Yet the future from 2011 doesn't really look all that different to what it did previously. The new Steigenberger CEO, already in office for five months, presented the new model alone: Neither the long-term CFO Matthias Heck nor Steigenberger owner Hamed El Chiaty were at the presentation. An obvious question thus arises: Is their absence a signal of their opposition? Behind the scenes of the hotel group, the rumours persist that both in terms of organisation and with respect to contents, Steigenberger Hotels is on a course to become an international player: Expansion everywhere, more midscale, more franchising and new management staff.