News & Stories

Augsburg. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week(s): Accor/Lenôtre and Sofitel, Aida, Azimut, Banyan Tree/Singapore, Design Hotels/Croatia, Hotusa, Hyatt/Sotchi, IHG/HPT, Nobu/Las Vegas, Lodging Econometrics, Lonrho/easyHotel, Meliá/Genua und Bulgarien, Vienna International/Warsaw and Munich.

Munich. In the very middle of the main travel period, Germany’s largest automobile club, the ADAC, has launched a PR campaign against budget hotels. "Budget hotels promise low prices, standardised services and trendy design," the club states. However, it goes on to claim, they "do not always deliver on their promises, especially with regards to rates."

Bern. The Swiss tourism suffers strongly from the high Franc exchange rate: Foreign guests are absent and this threatens many companies in their existence. At the same time, rich Arabs look for new investment opportunities.

Augsburg. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week(s): Axa Real Estate/Accor, LFPI Hotels, Marriott/Boscolo, MWB/Malmaison, Rezidor/London, Ritz-Carlton Reserve, Starwood/Barcelona, Worldhotels/Antoitalia Hospitality.

Augsburg. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week(s): Accor/Pullman Bery Paris, Hyatt/Noble, Kempinski/Baku, Marriott/Ankara, NH/Frankfurt, Piccadilly/Lloyds, Rezidor/Dubai.

London/Frankfurt. According to provisional figures from Jones Lang LaSalle Hotels, global hotel investment volume stood at 14.8 billion USD in the first six months of 2011. By year-end, investment may reach 35 billion USD.

Munich. The first PKF Budget Report 2009 reflected the situation of the sector before the crisis. Now, PKF hotelexperts Munich has updated its findings. The financial crisis put paid to many expansion plans. The new 75-page document now describes the current state of the budget hotel market in Germany and provides charts and figures for its analysis. Despite the crisis, PKF Managing Director Ulrike Schueler says, the fact remains that budget hotels are the segment with greatest potential for growth in Germany.

Berlin. Roughly three weeks after laying the foundation stone for a new hotel in Salzburger Land, Travel Charme Hotels & Resorts bought a hotel at Wolfgangsee. Southern expansion is thus on the move.

Munich. The first PKF Budget Report 2009 reflected the situation of the sector before the crisis. Now, PKF hotelexperts Munich has updated its findings. The financial crisis put paid to many expansion plans. The new 75-page document now describes the current state of the budget hotel market in Germany and provides charts and figures for its analysis. Despite the crisis, PKF Managing Director Ulrike Schueler says, the fact remains that budget hotels are the segment with greatest potential for growth in Germany." The low-cost hotels will, however, have to invest in advertising as at the upper end they are approaching the level of midscale hotels. The new report "Budget Hotels in Germany 2011" is available from today.

Frankfurt. The recovery of the German hotel investment market that had already stood out in the first quarter of 2011 continued further from April to June, although slightly more sluggish that originally expected. The entire year should see the cracking of the billion Euro threshold.