Topic Market

News & Stories

Investment market EMEA will see structural change
13.3.2009

London. Following five years of consecutive growth, hotel transaction volumes across the EMEA region fell by 60% to 7.8 billion Euro in 2008, a clear example of the impact that challenging economic conditions and illiquid debt markets have had throughout the year. Despite this steep decline, the EMEA region fared slightly better than the global hotel investment market which saw volumes drop by 80% over 2007 levels. Moreover, EMEA contributed just below 50% of the global hotel transaction volume, according to Jones Lang LaSalle Hotels.

News Mix
13.3.2009

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: Atlantic Kempinski, Deka Immobilien, Grand Hyatt Moscow, Kerzner International, Switzerland, Steigenberger, TUI.

Hospitality Consulting extends team and services
6.3.2009

Bendorf. The consulting and hotel business company Hospitality Consulting, based in Bendorf, is intensifying its efforts in consulting medium-sized hotels and chain hotels in Germany. Company founder Haakon Herbst, took two additional experienced specialists from the industry on board. Moreover, HC plans to become more active in the operation of hotels in future.

Austria: Record winter up to now
6.3.2009

Vienna. Up to now, the number of overnight stays made in Austria this winter beat those of last winter by 5 percent; a plus of 1.3 million overnight says. The unexpected growth in tourist figures from January 2009 was largely due to guests from eastern Europe. There was certainly no trace of a January slump.

Figures & forecasts from tourism specialists, operators and investors
Future outlook modest
27.2.2009

Augsburg. The world's largest tourism fair, the ITB Berlin, is due to open with a new flood of statistics and forecasts; it will be interesting to see how key figures and estimates released up to now will be fleshed out. hospitalityInside.com has summarised recent statements from data researchers in respect of Germany, Europe and the world in general and looks at these from the point of view of the tourism expert, the hotel operator and the investor.

Accor: First MGallery Hotel in Germany
27.2.2009

Munich. Germany's first "MGallery" hotel, the Hotel Mondial before Cologne Cathedrale, opened its doors last Friday. The new luxury brand has been held by Accor since September 2008. Preparations for the German introduction of the next brand - Adagio - are also underway.

News Mix
27.2.2009

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: Fairmont, Golden Tulip, Mandarin Oriental, Moevenpick, Rezidor, Starwood.

News Mix
20.2.2009

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: Club Magic Life, Four Seasons, JW Marriott, Starwood, Vienna International, West Paces.

Locarno: probably the end for the Grand Hotel
20.2.2009

Locarno. René Schweri, the well-off heir of Karl Schweri, founder of the Swiss super market Denner, did not extend his purchase right for the Grand Hotel in Locarno. This is an enormous setback for Locarno and the entire Ticino.

Survey: Swiss prices are 12% higher compared to neighbouring countries
In the productivity and cost trap
13.2.2009

Berne. Two studies point out the difference in prices between Switzerland, Austria, Germany, Italy and France: The decline amounts to 12 percent from a Swiss perspective. And that, despite the fact that Switzerland has managed to bring down this difference in rates compared to the neighbouring countries. The comparison with the direct competitor Austria is particularly negative.

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