Dear Insiders,
Europe remains hot for investors and operators from all over the world. Two current examples: The US third party hotel operator Interstate is forming initial alliances for continental Europe. Aaron Greenman, Executive VP Acquisitions & Development, provides details. In China, meanwhile, the Dossen International Group has an eye on Central and Eastern Europe. With 1,000 hotels, it is one of the rather unknown regional players active in the West.
Interest in Europe is still high with terror attacks only affecting the specific destinations in which they have occurred. Unfortunately, Paris has just seen another such attack, this time on the Champs Elysées. Yet bookings have not slumped for the moment at least. The city continues to fight and is now focusing on improving its image with a multi-million euro budget and a new strategy.
Developments at Alberghi Diffusi reveal a very special phenomenon. Up to now, Italy has counted around 130 of these hotels which allow guests to reside in restored ancient buildings off the beaten tourist track. All the framework conditions appear to be right, though the Alberghi don't appear to quite be getting off the ground all the same. Massimiliano Sarti explains why.
Maria has fled Europe's variable April weather for the sun of Dubai and reports today on the notable and nervous mood at the "Arabian Travel Market" as well as at the "Arabian Hotel Investment Conference". Dubai is preparing for EXPO 2020. The city remains a huge building site – and continues its romance with luxury. Only a few investors are driving the urgently needed midscale hotels. For this reason, there are discussions – because the gigantic entertainment parks now demand masses of visitors.
Yours, Susanne Stauss, Senior Editor
Your opinion? susanne@hospitalityinside.com
