News & Stories

Paris. Mercure injects new life into its network of 725 hotels and accelerates its global expansion with a global refurbishment program.

London. Hotels in Poland and the Ukraine can look back at an overall successful championship, STR Global comments on the daily hotel performance during the UEFA EURO 2012 football championship which will end on Sunday.

Prague. The first Fusion Hotel in Prague is providing for industry discussion: Another design-oriented budget hotel that wants to quickly grow throughout the whole of Europe within just a few years. Its design highlight: A 360-degree revolving bar and its soup kitchen.

Augsburg. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week(s): Courtyard/Rumania, Four Seasons/China, LFPI/Hamburg, Meliá/China, Mercure/Moscow, Reikartz/Ukraine, Starwood Capital/1 Brooklyn, Rosewood/Beijing, San Domenico, Swissôtel/Bodrum.

Vienna. A new name has come along in the Austrian hotel industry "circle of big players". Whereby, the man himself who has come to stand behind such companies as Global Equity Partners and Wertinvest is concentrating on real estate.

Lausanne. Headlines about a recovering US hotel industry have been sounding rather positive in the past few weeks; however, the data need to be put into perspective. Occupancy and rate have rebounded from their 2009-2010 lows, the average RevPAR across the US hotel sector still remains below the prior peak of 2007. Also, there continues to be an overall decline in the active pipeline. Surprisingly, there is an outright explosion in the pipeline's luxury segment. But despite that, it is foreseeable that demand will again surpass supply within the next two years. When it comes to calculating growth, US hotel experts no longer refer to the gross domestic product, but rather to the profits of US companies. Our author Macy Marvel documents the latest development with facts and figures.

Wiesbaden. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week(s): Benelux, Bulgari/London, Damp, Golden Tulip/Germany, Hyatt/Latin America, InterContinental/London, Louvre/Poland, Ukraine, Morgans/London, Orient-Express/Sydney, Plaza/New York, Rezidor/Gran Canary, Tata/India, Worldhotels/Turkey.

Davos/Engelberg. In Davos, the door is opening for another 4-star hotel, and the luxury hotel project in Engelberg has decided on an architectural office.

Frankfurt/M. Despite economic uncertainties, the hotel remains a popular asset class in the EMEA region. With respect to hotel performance, investors expect positive results for 17 or 37 markets.

Berlin. The German hospitality industry continued its positive growth story in Winter 2011/12. The sector benefitted here in particular from the relatively strong economy, the continuing upwards trend in German tourism and strong domestic demand.