News & Stories

Zurich. Switzerland expects further declines in tourism. In order to counteract the trend, the small Alpine land has increased its marketing budget and is now preparing measures for the coming winter season.

Augsburg. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week(s): Address/Dubai, Baglioni/Budapest, Best Western/Egypt, Hyatt/Macao, NH/Lyon, Rezidor/ Yaroslavl, Monastir, Hamburg, Six Senses/Marrakesh, Starwood/Bliss, Swissôtel/Saudi Arabia, Yas/Abu Dhabi.

Frankfurt. In the new district of Gateway Gardens near the Frankfurt airport, a new 3-star hotel will be built with the aid of closed funds.

Atlanta. Despite the decline in 2007 occupancy, U.S. hoteliers remained optimistic when preparing their budgets for the following year. Hotel management forecast increased in occupancy, ADR, RevPAR, and profits for 2008. When preparing their 2008 budgets, did hotel managers miss the early warning signs observed in 2007, or did they stubbornly follow the historical practice of not budgeting for performance less than the prior year?

Hamburg. By the end of the year, InterContinental will have left Hamburg. The search for a new operator for the hotel has already begun.

Berlin. The Berlin project development company hcb hospitality concepts berlin GmbH will open an office in Zurich on 1 November and will share it with the young German hotel group, 25hours. That has good reason.

Vienna. Kempinski Hotels & Resorts will be operator of the Palais Hansen at Vienna’s famous Ringstrasse. A letter of intent had been signed by the involved parties last Friday. Kempinski has therewith secured its first location in Austria.

Augsburg. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week: Hilton Garden Inn/Hilton, Hyatt Regency, Peninsula, Rocco Forte, Scandic, Swire Hotels, Yas Hotel.

Frankfurt. The Elb-Hof in Frankfurt's central station district is being transformed into a Holiday Inn Express budget hotel.

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.