News & Stories

London. London's hotel business soared and then fell and is now, within a short period, completely on top once more. Occupancy has consistently increased, the room revenue of the five-star hotels at the end of 2010 has already surpassed the comparative values of 2007, says Russell Kett, Manager of the consulting firm, HVS London. Nevertheless, the euphoria exclusively applies to the British capital, the situation is more critical in the surrounding areas. In the competition for recovery, London has closed in on the 36 European cities including Munich, Istanbul, Zurich and Stockholm. Russell Kett speaks about the backdrop of the quick recovery and the significant differences.

Berlin. Die Krise hat die deutsche Hotellerie nicht so stark getroffen wie viele andere Länder, 2010 erholte sich der Zimmererlös bereits deutlich. Erste Zahlen zum Jahresverlauf 2010 stellten Betreiber und Berater Anfang dieser Woche in Berlin vor.

Augsburg. Hans-Dieter Schiller and his young operating company Focus Hospitality continues to grow in Germany. On February 1, the group will assume the motorway hotel near Augsburg and will operate it under a new brand. Further hotels are to follow.

Augsburg. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week(s): Accor, Adina/Berlin, Anantara, ArabellaStarwood/Zurich, CBRE/Grosvenor House, Grecotel, GBI/Motel One, Mantis, Motel One/Munich, Rezidor/Sweden, RIU/Cap Verdian Islands, Snotels, Welcome/Frankfurt, WGF/acom.

Hendersonville. STR has named Amanda Hite as its new president. Hite succeeds Mark V. Lomanno, who was promoted to CEO of the company. Former CEO and founder Randy Smith has been named chairman.

Patergassen. The Head of Development for Kempinski Hotels, Rupert Simoner, has privately taken part in the Almdorf Seinerzeit in Carinthia, Austria. The extremely successful chalet village will continue to grow and adopt the "Kempinski Standards in Lederhose".

Berlin/Frankfurt. Foreign investors have dominated in all hotel investment transactions in Germany in the past year. Both Christie + Co and CB Richard Ellis put revenues at almost 800 million EUR in total. With this, both consultancy firms and agencies underline the statement issued by Jones Lang LaSalle Hotels last week. "The downswing has been halted," Markus Beike says, Managing Director of Christie + Co Germany. This is also true for individual transactions under ten million EUR, which he regularly analyses: "Here too, transaction volume was down around 20% on the values from the previous year." In Germany, there was almost no single hotel real estate transaction over 25 million EUR. The largest sale in Europe, on the other hand, was for 470 million GBP.

Augsburg. What developments were good or bad in 2010? And what challenges await the industry in 2011? hospitalityInside.com asked its experts, all of them renowned consultants and specialists in the fields of management, finance, development, technology, spas and labour law. The spectrum of topics ranges from yield to taxes, from reluctant employers under pressure, from illusion and reality. A colourful look back and a concentrated preview on the core issues waiting in 2011.

Frankfurt. The transaction volume of the German hotel investment market rose again in 2010. According to Jones Lang LaSalle Hotels, the result reached about 800 million euros, more than double as much as the previous year. The trend is towards smaller transactions.

Augsburg. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week(s): Accor/Lucien Barrière, Burj Khalifa/Peking, Carlson/China, Hilton/Krakow, Invesco Real Estate/Novotel, Louvre/Hainan, Morgan Stanley, Park Plaza/London, Ritz-Carlton Dubai, Starman.