News & Stories

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.

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.