News & Stories

Berlin. The annual balance sheet for the hotel industry in Germany fell into a positive result for the third time. The number of overnight stays rose altogether by about 3.6% for a new record value of 407.3 million overnight stays. With this, alignment with the pre-crisis level has been managed. Nevertheless: Tax discussions remain and the new hotels are still coming.

Augsburg. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week(s): Accor, Anantara, Fairmont/Istanbul, Hypo Alpe-Adria-Bank/Croatia, Maldives, Paramount/Dubai, Relais & Châteaux, Rixos/GHA, Starwood/Dubai, Union Investment/Holiday Inn, Venice, Vienna.

Berlin. Budget hotels are paving the way for the change from classical tourism to "social tourism". Unlike any other segment in the hotel industry, hostels and budget hotels have incredible growth rates, primarily driven by the demanders and not by the providers. The new "social tourist" is not looking for a bed but for a "furnished apartment with social connections in urban tourism destinations", and this accommodation type is currently growing faster than the hotel market, according to a brand new study from Berlin. It reveals why the strong increase in beds at the low-budget end of the market is setting a strong tourism trend. And why the classical hotel industry, including its political representatives and analysts, is not ready to take this "grey market" seriously. This could be a grave mistake.

Wiesbaden. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week(s): Autograph Collection/Berlin, Dorint/Seefeld, Hilton/Qatar, Beijing, Hyatt/Mallorca, IHG/Russia, One&Only/Montenegro, Palladium/Ibiza.

Berlin. Yet another could follow the strong travel year 2012 worldwide. The World Tourism Organisation expects further increases, likewise from Europe. Worldwide, Asia continues to remain the engine. Highly appreciated: The Germans – they are the most dependable holiday-makers. New trends are opening internationally: So, the lazy, long-distance beach holidays seem to be in the past; vacationers are increasingly mobile in their destinations and with sustainability, demand and actual behaviour still gape.

Berlin. The hospitality and leisure industry remains optimistic for 2013. 81% of respondents to an annual survey among owners and operators carried out by a US-based but global law firm say that 2013 will offer increasing opportunities for firms to acquire assets for attractive values.

Frankfurt. Steigenberger Hotel Group is expanding to China. To
achieve this goal, the company started a joint venture with a Chinese partner and will
open an initial hotel in Beijing already this summer.

Berlin. One of the oldest US chains has only now made its move into the budget sector. The new hotel product will be financed by Ikea's real estate company Inter Ikea and will be called Moxy. Marriott would like to operate 50 Moxy Hotels over the next five years - to be achieved through franchise agreements. The model room in Berlin caused quite a stir.

Berlin. The acquisition of 20 German hotels by the Queens Moat House portfolio last week is only the prelude to further expansion in Germany and Europe for the Israeli Fattal Group. This was announced on Monday by founder, David Fattal, at the IHIF in Berlin. Now, it is a matter of making the hotels under the Leonardo brand more known.

Paris. In France, the offers of top real estate linked with the return of foreign investors have led to an increase in the entire investment volume within the hotel market. After 1.5 billion Euro in 2011, this was 2.1 billion Euro in 2012