News & Stories

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.

Atlanta. Three and a half years into their partnership, PKF Consulting, Inc. and Colliers International announced that they will further leverage their relationship by co-branding within the United States.

Beijing. Gross Operating Profit levels of the 5-star hotel sector in China have fallen to the lowest level recorded in the eight years the "China Hotel Industry Study" has been published.

Berlin. The gulf between hotel investors widens: There are either the long-term thinking institutional investors or the bargain hunters. The decline in transactions in Germany, at least in terms of smaller deals, seems to have been stopped.

Berlin. The good news: the revenue per available room is recovering concerning the hotels in Berlin. The first few months of this year reveal pleasant tendencies. The bad news: the room offer keeps growing constantly in the German capital. The increase, however, endangers this plus. Markus Beike, Managing Director Christie + Co, Germany, warns: "Berlin does not need any more rooms, neither in the 4 nor in the 5-star segment!" In its "1. Hotelimmobilien-Runde", the consulting and broking company discussed the details of the current situation with bankers, investors and developers two weeks ago in Berlin.

Augsburg. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week(s): Accor/Newrest, Deka/Renaissance, Kempinski Residences/Bangkok, Hyatt/New York, Inteco/St. Petersburg, Maritim/China, Mandarin Oriental/Doha, Ramada/Leipzig.

Wiesbaden. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week(s): Arosa, Hilton/Gdansk, Hyatt, InterContinental/Hamburg, Jumeirah/Shanghai, Mandarin-Oriental/Macau, Moscow, Hospitality Alliance/Berlin, Ritz-Carlton/Shanghai, Romantik/Bad Saulgau, The Savoy/London, Sol Meliá/Vienna.

Berlin. China's exports have already acquired for it the title of the new world champion. In addition the current year, 2010, will see the Chinese capturing a another new record: according to the latest predictions from ITB Berlin. Following the economic recession, China’s population will again be displaying a disproportionately keen interest in travel, with many travel plans actually being made during the current year.

Bern. According to first estimates of the Swiss Federal Statistical Office, foreign travellers spent 15 billion francs in Switzerland in 2009, which is nearly 600 million francs less than the previous year.