News & Stories

Berlin. In Germany, after a hopeful start into the year of 2008, the business indicators took a severe hit, especially in the fourth quarter. In particular, conference hotels and hotels in major cities with a clientele of international business travellers have to expect further losses. "Even if Germany remains a popular destination for foreign and national guests, the losses cannot be compensated by the resort hotel industry in total," explained Fritz G. Dreesen, Chairman of the German Hotel Association, at the association's annual press conference in Berlin on Tuesday.

Port Luis. The Mauritius based hotel group Constance Hotels Experience will expand further in the Indian Ocean. In addition to the two new hotels on the Maldives, the group will open a new resort in the Seychelles at the beginning of 2010. The property, Ephelia Resort, will be the biggest hotel on the islands. The group is investing huge sums in the projects. At the moment, everything is still in the construction phase, but in one hotel ratings platform "guests" already gush with praise for their stay in the Hotel Ephelia!

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.

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.

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.

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.

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.

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.

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.