Can you imagine life without Ritz-Carlton?
FOCUS LUXURY: CEO Simon Cooper on effects of the crisis at Ritz-Carlton
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Marc Hildebrand to leave Accor

Paris/Munich. After exactly one year as Managing Director, Marc Hildebrand, is leaving Accor Hotellerie Deutschland GmbH. The main reason is disagreement on the company strategy. His successor has already been found.
Sensitive rich savers

Berlin. The aggregate wealth of the rich and super-rich of this world has considerably shrunk in the wake of the global economic crisis and some elements of the tourist industry have been extremely hard hit as a result. Others though, such as health and prevention, have remained spared. These were the findings of a current report on asset performance. Such large trends are also seen in the hotel industry- The crisis has changed the behaviour of the luxury traveller who now has a new list of priorities - as another brand new report shows: The Leading Hotels of the World have undertaken their own global assessment of the topic "Luxury Hotels and Recession" and have evaluated their current market ratios from Germany, Austria and Switzerland.
Crisis increases the "Dorint Challenge"

Cologne. "The situation is tense but under control," said Elke Schade, Managing Director of Dorint GmbH, right at the beginning of the annual press conference on Wednesday in Cologne. The year 2008 concluded with an increased gross operating profit of 6.8% in comparison to 2007. The crisis mainly affected the Dorint Hotels abroad in the first five months of 2009, and therefore the GOP decreased by -6.9% at the end of May compared to the same period in 2008. Concerning individual operative figures, Dorint Hotels & Resorts are no worse off than other national or international hotel groups. One problem of the young hotel company, which was re-founded three years ago, is still the exorbitant the inflexible lease agreements. Four times in a row, there have been talks with the owners in order to obtain lease reductions. Measures have been undertaken to be able to meet the crisis on a daily basis. Schade does not wish to give an economic prognosis for 2009. But Dirk Iserlohe, Managing Director of Dorint's parent company E&P Holding in Cologne, gave a separate, detailed interview for hospitalityInside.com.