News & Stories

Salzburg. At the annual symposium of Austria's Hogast, Einkaufsgenossenschaft fuer Hotellerie und Gastronomie, Bernhard Felderer, Austria's leading economic researcher, noted the following: "There is great conformity between Germany's economic development and Austria's tourism sales figures." Accordingly, he expects a slightly more positive result for 2010.

Lucerne. A jewel in the crown of Buergenstock hotels, now owned outright by the State of Qatar, is to open as an exclusive luxury hotel in June 2010. The reconstruction is already in full swing. 25 million CHF are being invested in 23 rooms.

Augsburg. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week: Amari, Best Western Berlin, Best Western International, Drees&Sommer, Hotusa/Citadines, Marriott, nhow, Patron Capital, Waldorf Astoria.

Duesseldorf. Three new hotels in Germany and Spain, and a new one in Luxembourg – the Spanish Sol Meliá Group revealed further news at the opening of its new Sol Meliá Duesseldorf. Particularly the Meliá luxury brand is strongly expanding in Europe.

Munich. This year's "Investment Ranking Austria 2009" by Treugast and Horwath awarded no triple-A rating. Four of the five companies receiving a AA-rating last year held their position: Falkensteiner Hotels & Resorts received an AA-rating for the first time. The ranking also gives an excellent overview of the hotel situation in Austria and its latest changes. In Vienna, several hotel projects are delayed. The Investment Ranking Austria 2009 analyses national and international hotel operating companies in Austria.

Wiesbaden. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week. The following companies and destinations are mentioned today: Design Hotels, Fairmont, Four Seasons, Ghotel, Landal, Orient Express, Ritz-Carlton, W Hotels..10.2009). Unter dem Stichwort

Munich. 62 hotel companies represented in Germany were re-evaluated this year during the course of the 10th "Treugast Investment Ranking". Results are down considerably on last year. Luxury chains were most heavily hit by downgradings. Compared to last year, seven companies were downgraded.

Munich Together with Colliers Hotel, Treugast Solutions Group based in Munich is working on an analysis of German destinations. They will be summarised in a new index which was announced by the two companies at the Expo Real in Munich.

Munich. As the French B&B economy chain announced at Expo Real this week, it will focus on further expansion in Europe. The first hotels will open in Italy and Portugal next year.

Munich. Worldwide, hotel room yields accruing July 2009 are still down, and forecasts for 2010 are all negative. Decreasing demand throughout Europe is now showing extensive effects. The next three years will witness the biggest collapse in project development – there is a great danger of a "hotel void" in 2012. Momentarily, transactions are only taking place with respect to medium-sized companies, and not with chains. At the kick-off to Expo Real, the international commercial real estate fair in Munich, the "Hospitality Industry Dialogue" hotel conference will start off on Monday, among others, with several interesting statements on the development of the hotel market, real estate and yield.