Dear Insiders,
98 days remaining until Sochi … The Olympic Winter Olympics in Russia will supposedly cost more than 37 billion Euro – according to media reports, the Russian opposition is even speaking of up to 50 billion Euro. Fred Fettner has the mega figures broken down on the engagement of the Austrians, Germans and Swiss in Sochi: They will also pay millions for their representative base by the Black Sea or in the middle of the ski centre! Unanimous enthusiasm over these expensive games does not rule with the tourism professionals and sponsors from any of the German-speaking countries. A somewhat different view of Sochi.
At first glance, private equity as a financing alternative to classic banks also sounds good. Nevertheless, several differences can be discovered with a second look: Above all, the yield expectations rise. Private and institutional investors have their own vision of what worthwhile hotel real estate is. A summary of an Expo Real panel.
A topic in the panorama of business travel: In Austria, the Verkehrsbuero Group takes a closer look to this business field. It has developed an online tool for SME through which flights and hotels can be easily booked – and settles accounts with the companies as a lump amount. An interesting development whose path we will certainly pursue …
Our Social Media columnist, hotelier Marco Nussbaum, describes today how he installed his prizeotel in 360-degree pictures within Google; from Pisa, the ITB "World Monitor" has issued current figures on tourism development; TUI and Google have launched a survey together; and now the suppliers of private lodgings want to create a positive mood in the market with "one voice".
Last but not least: HospitalityInside is already in its trade show preparations for 2014 – and, among other things, is planning "World of Hospitality" joint stand for ITB Berlin. If you are interested in a partnership as a co-exhibitor in the Hotel Hall 9, please read the text on our homepage or contact us directly. - The full editorial ...
