News & Stories
Berlin. Cross-border tourism grew by roughly seven percent in 2010. There will be an additional increase of at least four percent in 2011, projects the World Tourism Organisation, UNWTO. “Worldwide foreign travel has recovered from the financial and economic crisis, but we still haven’t reached the record levels of 2008 in terms of room nights and expenses”, summarised CEO Rolf Freitag at ITB Berlin on behalf of the analysts at IPK International. Regarding travel behaviour, forecasts project further growth in the new world and consolidation in the old world. “The world champions of travel, the Germans, are staying at home more and more. The Zukunftsinstitut recently analysed the "patterns" of future travel in several trends.
Berlin. Now the quality of the European Radisson Blu Hotels also motivates Carlson Hotels to focus more on quality. Together mother and daughter, Carlson and Rezidor, want to define and press ahead with their brands in the future. And there should be a new brand.
Paris Latest figures released by MKG Hospitality reveals over 23,000 new chain hotel rooms in Europe, a growth of 1.6%. But this is not expectetd to be the end as there are much more opportunities for chain hotels in Europe.
Berlin. Read about rumours on real estate sales, concrete expansion figures and hotel openings around the mega events of IHIF and ITB Berlin – e.g. the Bock properties, Dolder Grand, H10, H2, Prince Al-Waleed, and Steigenberger.
Berlin. The Marriott brand portfolio is progressing in Europe as well now. "The Autograph Collection" will be introduced – however, the name Marriott is being omitted. And after Istanbul, "Edition" will soon be in London.
Berlin. The strongest expansion of Hyatt Hotels Corporation is taking place in China and India right now; the introduction of new brands outside the US, however, is happening in Western Europe and its key destinations. The second Andaz and the first Hyatt Place are just around the corner.
London. Europe's hotel sector saw a year of recovery in 2010 with average hotel values per room increasing by 1.5% to 215,200 EUR, following two consecutive years of double-digit percentage falls.
Frankfurt. Lloyd Fonds AG, Hamburg, a closed-fund company in Germany has commissioned Jones Lang LaSalle to manage a buildings complex in Leipzig.
London. Bulgari Hotels & Resorts has signed an agreement for a new hotel in London that should be opened in spring, 2012. It is the third property of the luxury brand under the Marriott roof.
Frankfurt. The InterContinental Hotels Group has concluded contracts for the first two Indigo Hotels in Germany. Both will spring up in Berlin. The concept is clearly modified in comparison to the USA. Key point: It is a conversion product.