HI+Share price performance of the week 21/11/14 - 27/11/14
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News & Stories
10.11.2006
Zurich. Rosebud's promises are becoming increasingly shaky. Now, the long-term delegate of the board of directors has thrown in the towel, obviously frustrated because of the many announcements and only few actions. Slowly but surely, nobody believes in the future of Buergenstock Hotels anymore.
3.11.2006
Brussels/Stockholm. Rezidor SAS's going public still envisaged for this year is already making itself felt. The strongly expanding hotel group will change its name and the Scandinavian airline of SAS plans to sell its shares upon the company's introduction to the stock exchange.
Hotel financing: A portrait of the Swiss UBS bank
20.10.2006
Zurich. When it comes to hotel financing, the Swiss UBS bank concentrates primarily on projects in Switzerland and projects with reference to Switzerland. The bank demands proof of the hotel being capable of surviving; size and type of agreement are of secondary importance. Juerg Stucki, Director of UBS Business Banking, certifies hotel management in Switzerland as being more professional than ten years ago. Silvia Pfenniger asked the bank's representative about financing conditions and "soft" factors. Stucki started to work for UBS about 30 years ago; since 1998 he is responsible for the bank's touristic activities. 
Hotel groups shrink: They are without assets any more...
13.10.2006
London. The keynote address at the annual Hotel Booking Agents' Association Annual Forum, held in the UK, painted a worrying picture of the ramifications that property investor ownership means for European branded hotels. The keynote speaker predicts that assets will change hands far more frequently as well as a conflict between the operator and investor.
Hotel developer GBI moves further into the resort business
13.10.2006
Berlin. For the hotel industry, the year 2001 and the time that followed the Tsunami was a catastrophe in all senses and investors were correspondingly reticent in their activity. But according to Reiner Nittka, Managing Director of the Gesellschaft für Beteiligungen und Immobilien-Projektentwicklungen mbH in Berlin, this has all changed - and he is busy buying up hotels.
Private Equity stirs up Germany - The market's mood
6.10.2006
Frankfurt/M. Private Equity companies are stirring up the German economy. They invest capital of anonymous institutional investors in real estate or companies of various types. Their exit within the following ten years is to bring the investors the desired profit. Financial experts from Germany recorded chances and risks of these takeovers. A look at the mood in the market and at its conditions.
6.10.2006
Singapore. CapitaLand, which owns 59% of Raffles Holdings, said it planned to delist its Raffles Holdings and will offer minority shareholders an exit price of 6 Singapore cents a share.
Private equity goes travel - soon in Germany?
6.10.2006
Frankfurt/M. Private Equity funds still look at the travel industry bearing too many risks. This was one opinion in the Travel Industry Club's discussion in Frankfurt. Another panellist sounded different and seemed willing to enter the hospitality industry. But Private Equity funds will only take the best. Two hotel experts confirm the continuous trend in the hotel industry.
Bank portraits: Aareal
1.9.2006
Wiesbaden. Aareal Bank is well positioned in the hotel financing segment. Despite this, its experts regard the hotel business as the high-risk segment of the real estate industry.The financing strategy favours business and conference hotels, mainly outside Germany.
4.8.2006
Munich. The hotel investment volume reached a nationwide 682 million euros in the first half of 2006. This extraordinarily high level is 22% above the average volume from 2001 through to 2005. Jones Lang LaSalle Hotels expects 2006 to be a record year with a likely volume of more than one billion euros.
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