Dear Insiders,
Many investors, especially private equity companies, currently recognise the peak in the market and want to cash in. But this means consolidation, which will lead to a next wave of mergers: well-informed sources confirm that the two Chinese mega chains Jin Jiang and Plateno are conducting merger talks. Whether they will swallow up a US chain afterwards together, remains to be seen. In any case, a new dimension in the global sellout of hospitality businesses is taking shape. The backgrounds.
The industry is in full swing right now, as shown by the half-yearly and quarterly figures of the operators Accor, Belmond, Choice, Hilton, IHG, NH, Starwood, and Wyndham.
Dorint Hotels seem to be approaching better times too. With 39 hotels and 3,300 staff members, this hotel group is a pillar in the German market. Dirk Iserlohe, Partner at E&P, the parent company of Dorint Hotels, remains determined to lead the hotel group out of its depression. This strenuous effort has been taking place for eight years now. However, the Profit & Loss account for 2014 implies that the leap into the profit zone could be imminent. Iserlohe is adjusting the portfolio rigorously, is looking for better financing options, and reducing staff costs... In several conversations, summarised in one extensive story today, he exclusively explains the tough fight for Dorint and why he remains motivated.
Women have to remain tenacious too if they want to pursue a career. But career women refuse the promotion of women – just like ultra conservative boys clubs and insensitive male colleagues. In the second part of our three-part series about the promotion of women, the eight surveyed female top managers give a sharp and unemotional analysis on how they see the subjects of mothers and career women, gender balance and mentors.
The subject of selfness evolves around the subjects of teambuilding and self-awareness today. Hotel Eiger in Grindelwald in Switzerland sells the "path to Myself"; however, the guests are struggling to accept these offers, while the team profits from the concept all the more. It still has an exotic character in Europe's spa landscape.
Although we are still in the middle of the preparations of Expo Real, we already have to think of ITB 2016. HospitalityInside will initiate a joint booth in the "hotel" Hall 9 again. If you are interested to co-exhibit, please contact us soon. The first deadline will be September 1, 2015. On page 1, you will find a description and the conditions. – The full editorial…
