News & Stories

Eschborn/Frankfurt. At Best Western Hotels Central Europe, integrating the formerly separated regions is yielding initial fruit. Particularly the hotels in Austria benefited from the integration. Thanks to the new structure, they generated roughly 60 percent more revenues than in the previous year.

Wiesbaden. Central Europe, especially Germany, is considered a safe haven for investors and operators. Thus, more and more new brand names surge the market, e.g. in the serviced apartment segment, but also among operating companies.

Milan. A steadily growing international tourist interest in Italy along with the increase of active public support for environmental protection plans that meet the rising demand for sustainable tourism. All that coupled with the increasing number of distressed assets put on sale, the on-going market consolidation process, as well as the decreasing profitability of more traditional real estate investment assets. Five well-thought reasons why domestic and international investors and operators are currently looking at Italian hospitality assets with a mounting appetite.

Wiesbaden. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week(s): Arcona/Asia Spa Schaffhausen, Deutsche Hospitality/Egypt, H.n.h., Hotusa/Expansion, Kempinski/Cuba, Leeu Collection/Florence, NH/Graz, Novum/Mainz, Rezidor/Expansion, Trans World Hotels/Much, W/Prague, YTL/London.

Bethesda. This week, during the Americas Lodging Investment Summit in Los Angeles, Marriott International unveiled a new concept based on communal living rooms.

Wiesbaden. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week(s): Abu Dhabi/Cruise Ships, Adina/Germany, B&B/Offenburg, Dolce Munich/Infinity, Dormero/Freudenstadt, Eurostars/Portugal, Freigeist/Goslar, Gulsmeden/Berlin, InterCity/Budapest, RIMC/Hamburg, Romantik/Expansion, Space Hotels/Milan, Staycity/France, Super 8/Germany, 25hours/Paris, Warwick/London, Yotel/London.

Brussels. In charge of statistics analysis for the EU, Eurostat recently published early estimates about hospitality performance within the Community in 2016. It is not really surprising that the number of tourist nights spent in the EU increased slightly last year despite substantial falls in France and the United Kingdom.

Toronto. Four Seasons Hotels and Resorts is strengthening its portfolio with more than 50 projects at various stages of planning and development. "Our aspiration is not to be the biggest; it’s to be the best," says J. Allen Smith, President and CEO of the luxury hotel group.

Bad Ischl. In Austria, most hotels are just about able to hold their heads above water. Only the top hotels have been able to sustainably improve their profits. These were the findings of recent studies by the Austrian Tourism Bank and the Austrian Hoteliers Association. The OEHT continually analyses the balance sheets of around 800 lenders, the OEHV had balance sheets from around 3,000 hotels assessed. According to their findings, it would be better if 1,250 hotels disappeared from the market. On the other hand, the government is again ratcheting up financial subsidies.

Wiesbaden. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week(s): Arcade/Amsterdam, Art-Invest/Nikko Duesseldorf, Best Western/Vib Antalya, Italy, Centro/Guennewig, Deutsche Hospitality/Bangalore, Hilton/Tapestry Collection, Hyatt/Centric La Rosière, Marriott/Lab, Moevenpick/Expansion, Novum/Results, Union Investment/Hilton Munich City, Vienna