News & Stories

London. Public sector cuts will have depressive effects on the hotel demand in Europe, which, on top of the sharp rise in hotel chain room supply over the recession means that room occupancy could plummet from 2011. The UK market will be hit stronger than the French and German market.

Adelboden. The Kuwaiti investors are now set to pull out of their commitment to the hotel and spa project in Adelboden in the Berner Oberland, Switzerland. Their reason: they simply no longer have the funds.

Augsburg. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week: Accor/Russia, Ascott, B&B/Dresden, Best Western/Africa, Etap/Berlin, Gotthard Hospiz/Switzerland, InterCity/Darmstadt, Sol Meliá/Innside, NH/Dresden, Starwood/New York.

Locarno. A turn for the better is now in sight for the legendary Grand Hotel Locarno. The former jewel in the crown of Ticino's hotel industry, built in 1875, stands before its comeback as luxury hotel. For the moment, the hotel is holding back with official statements, but industry insiders have exact rumours to report.

Wiesbaden. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week: B&B/Europe, Citadines/Bali, Eurostars/Europe, Fairmont/Shanghai, Hilton/Mainz.

Frankfurt. Hotel transaction volumes in the EMEA region stood at 1.6 billion EUR in H1 2010. The result represents a 6% increase on the figure from the year-ago half-year. The number of cross-European investments also increased.

Wiesbaden. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week(s): Aman/Montenegro, Carlson/India, Falkensteiner/Ueberlingen, Four Points/Munich, NAI Becar/St. Petersburg, Ramada/Bensheim, Rezidor/Andermatt, Rhine-Main, Shanti Maurice/Mauritius, YTL/St. Tropez.

Berlin/Moscow. The Russian hotel company, Azimut Hotels, represented with 22 hotels in Austria, Germany and Czech Republic, has up to now focussed exclusively on business hotels. Now, they are considering expanding their offer to exclusive country hotels and are testing the waters on the Russian market. This business model could also be extended to the Western European market.

Sydney. Looking abroad: Optimism amongst leading Australian hoteliers is on the rise again after two years of declining demand, falling revenues and stagnant investor demand.

Makkah. The Holy Cities of Makkah and Madinah have almost infinite tourism potential – 1.8 billion Muslims from all over the world. Therefore, Saudi Arabia is becoming increasingly interesting for hotel investors. A study analyses this distinct market.