News & Stories

Vienna. The strong increase in beds made it absolutely necessary to re-evaluate Vienna’s tourism strategy, explains Michaela Reitterer, Vienna Chairwoman of the Austrian Hotelier Association OEHV. Her statement is based on a current hotel market analysis, which forecasts both a dramatic slump in occupancy and price battles.

London. A newly formed British investment group with committed initial equity capital of 38 million Pounds Sterling, has acquired exclusive franchising rights for the no-frills Tune Hotels brand in London.

Wroclaw. Real estate investors Warimpex and Starwood Capital Group - finally - launched construction of the first Campanile and Première Classe budget hotels in the centre of the city of Wroclaw, Poland. In the pipeline are some more hotels in Central Europe.

Bern. The difficult economic situation is dampening the travel urge of the Swiss. They are not foregoing the long holidays, as the newest figures reveal – but are doing without extended weekends.

Paris/Minnetonka. It is highly interesting what allegedly might happen to the Crillon in Paris – rumours are already circulating in France. However, the Carlson Group clearly wants to push its Rezidor brand Radisson with billions.

Wiesbaden. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week(s): Metropolija/Moscow, Moevenpick/Palestine, Rezidor/Stuttgart, Sensimar/Mallorca, Sentido/Fuerteventura, Vidago Palace/Portugal.

Moscow. Project numbers and demand for opportunities were beginning to grow again, said hotel experts of Horwath HTL after a hotel investment conference in Moscow. Cushman & Wakefield also shows better results for 2010, but with increased occupancy and reduced average rates.

Augsburg. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week(s): Carlson/Asia Pacific, Mercure/Bratislava, Moevenpick/China, Wyndham/New York, Warimpex/St. Petersburg.

Frankfurt. In the first nine months of 2010, the hotel transaction volume in the EMEA region reached a strong plus of 55% compared to the previous year. Nevertheless, the entire region is lagging way behind the results of 2006 and 2007.

Moscow. Commercial real estate services firm Cushman & Wakefield launches a new service line - Hospitality Project Management. As a combined service between the hospitality and project management departments it provides support for developers, hotel operators and investors dealing with projects in Russia.