News & Stories

Mumbai. The telecommunications technology "Telepresence" was born in August 2008, before the global economic crisis had taken hold. Now, the new audio/video technology has come to benefit all Taj Hotels feeling the slump in the wake of the global downturn - in India as well as in Boston and London. The Indian luxury hotel group also announced a second new brand after the Gateway Hotels:  Vivanta by Taj.

Vienna. Rumour about Vienna International Hotels & Resorts looking for a partner as a nicely adorned bride or planned to be sold even as a management company find only little understanding with Rudolf Tucek, Chairman of the managing board: he would "never" give away his own child, and on the part of the shareholders, he could exclude this as well. The background of such a "rumour" was to be found at Warimpex. The real-estate developer owns the major part of the hotels managed by VI in the CEE states, and Warimpex' main shareholder Franz Jurkovitsch is Chairman of the supervisory board at VI.

Augsburg. 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: B&B, Crowne Plaza, Hyatt, InterContinental, JW Marriott, Waldorf Astoria, Westin.

Augsburg. 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: Accor, Adina Apartment, Courtyard by Marriott, Hilton, Salt & Sill, Scandic, TUI, Worldhotels.

London/Berlin. In Q4 2008, hotel rates have fallen throughout Europe by an average of ten percent. Hotel guests in Great Britain enjoy rooms which are 24 percent cheaper, whereas guests in Switzerland have to reach deepest into their wallets.

Munich. The first report "Budget Hotels in Germany" is out. PKF hotelexperts Munich have compiled a 65 page analysis published in German and English on this boom segment. Ulrike Schueler, Managing Partner at PKF hotelexperts, explains the background and structure of the current report which includes many precise tables and calculations. PKF published its first report on the topic "Hotel Companies and Their Brands in Germany last October.

Berlin. In spite of the difficult market environment, Serviced Apartments in Germany still find themselves on the road to success. High occupancy and the trend towards suite concepts ensure than the niche providers will stay in the market.

Munich. The range goes from low budget to luxury budget, and it is the minor details that make the difference. It is all the more astonishing to see what little details make a profitable hotel out of a bare 1 to 2-star product. Low-cost accommodation has entered the minds of investors, operators and travellers like no other segment over the past few years. In the meantime, budget hotels have even become a fund issue. PKF hotelexperts Muenchen, in cooperation with hospitalityInside.com has now analysed the development of this special real estate, its key figures, sample calculations and economic comparative data. The recently completed report on "Budget Hotels in Germany" is the first of its kind that deals with figures and facts of this booming segment in such a detailed way.