News & Stories

Brussels. The Rezidor Hotel Group announces a change in their Norwegian portfolio - the group will focus on resorts in future.

Munich. Budget hotels of the 1 and 2-star category and specialists will master the economic crisis best. This is the summary of the Treugast Trend Report 2009/2010. According to the experts, "allrounders" still have the worst appearance and the poorest perspective.

Berlin. Significantly fewer real estate projects have been realised this year than in 2008 in Berlin and Potsdam. This is an acute consequence of the current financial crisis. Project development volumes are down eight percent on 2008 to around five million square metres. Investors focus less and less on commercial and office real estate and much more on hotels and apartments. The value of hotel developments in the Berlin metropolitan region is ten times as high as it was in 2008! In spite of all the negative figures though, Berlin remains a dynamic location in Germany. These are the findings of a recent real estate study which once again throws light on the over-construction of hotels in Berlin.

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: art’otel, B&B, Frankonia, Grand Tirolia, Jumeirah, Ramada, Sofitel, Starwood, Swissôtel, The Luxury Collection.

Sagard. Whilst Steigenberger Hotels presented new plans under its new Egyption owner El Chiaty in Frankfurt yesterday, the ex-Steigenberger team on the Baltic isle of Ruegen celebrated their farewell to Steigenberger and a new beginning with the former hotel owner. The Ruegen team doesn't have much positive to say about the Frankfurt-based hotel group which left the island despite holding a contract until 2013.

Salzburg. Globally decreasing hotel rates are the reality, but this week's published "hotel rate index" of hotels.com is only half the truth. In contrast to most newsletters that simply include such press releases, hospitalityInside.com put the figures in perspective.

Madrid. NH Hoteles and Hesperia from Spain will be collaborating more closely in future. Both hotel groups want to achieve synergies in terms of earnings and costs. At the same time, Hesperia will enter the executive board of NH Hoteles, which is something, NH had been struggling to avoid in the past.

Vienna. The just one-year old RIMC Austria keeps expanding in Austria: after signing an agreement for a new Park Inn in Graz, the operating company headed by the well-known Hotel Manager Gert Prantner is about to take over another hotel in the border region of Austria, Germany and Switzerland.

Wiesbaden. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week(s). The following companies and destinations are mentioned today: Accor, Deka, Derag, Dusit, Emirates/Marriott, Fattal, Ghotel, IBB, InterContinental, Mandarin-Oriental, Maritim, Ramada, Steigenberger/Travco.

Arosa. The Tschuggen Grand Hotel in Arosa, Switzerland, will close its doors for two months. There is major water damage in the internationally well-received spa designed by Mario Botta. Owners and construction firms are now in discussion. At the same time, 70 employees have received their notice.