Topic Market

News & Stories

New global tourism records drive market recovery
28.1.2015

Madrid. International tourist arrivals reached 1,138 million in 2014, a 4.7% increase over the previous year, according to the latest UNWTO World Tourism Barometer. For 2015, UNWTO forecasts international tourism to grow by 3% to 4%, further contributing to the global economic recovery.

News Mix
22.1.2015

Wiesbaden. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week(s): Autograph Collection/Barcelona, Deka/Radisson Blu Edinburgh, Emaar/IPO, Gleneagles, H’Otello/Munich, Jing Jiang/Louvre, Marriott, Moxy/Ludwigshafen, Palladium/Ibiza, Scandic/Stockholm, Starwood Capital/London, UNA/Sale.

Switzerland's abandonment of euro cap is a serious blow to Swiss hotels
Football of currency politics
22.1.2015

Bern. The decision to remove the euro cap for the Swiss franc is a serious blow to the Swiss hotel industry. The financial earthquake on January 15 hit all of Switzerland's economy, though those industries which couldn't flee abroad were hit hardest. Yesterday, the Swiss franc was trading roughly at parity with the euro; eight days ago, the exchange was capped at CHF 1.20 by the Swiss National Bank. A schnitzel now costs EUR 30, a beer EUR 6.30. "In one fell swoop, Switzerland has become up to 20% more expensive for tourists", Christoph Juen says with resignation, CEO of HotellerieSuisse. The impact is already being felt: Price dumping has already been set in train across the country, short-term bookings are not being made and cancellations have already started to come in. And the Swiss themselves have been the first to disappear across borders into neighbouring euro zone countries to do their shopping and buy their holidays.

News Mix
15.1.2015

Wiesbaden. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week(s): AC by Marriott/Copenhagen, Bierwirth & Kluth/ Garching, Gateway Gardens/Frankfurt, Hyatt Regency/Istanbul, IHG/Aberdeen, Istria/Investments, Kurhaus Hotel/The Hague, Leonardo/Munich, Lindner/Berlin, Motel One/Hotel Sale, Relais & Châteaux, Rosewood/Tuscany, Swissôtel/Sofia, TUI/MS Europa 2.

UBM and IHG on new common paths
15.1.2015

Vienna/Frankfurt. The UBM Realitaetenentwicklung AG with its headquarters in Vienna is strengthening its partnership with the InterContinental Hotel Group. In the future, the developer wants to further develop its house-internal competences in construction and management of hotel real estate – and likewise with IHG projects in Germany.

2014: Record investments in Germany
15.1.2015

Augsburg. A new record result for the full year 2014 was achieved within the German hotel transaction market. The established real estate brokers and real estate consulting companies number the sum at around three billion Euro – which itself tops the records from the years 2006 and 2007 by nearly one third.

News Mix
8.1.2015

Wiesbaden. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week(s): Anantara/Minor Qatar, Bangkok, Zanzibar, Autograph/ Azerbaijan, Europapark Rust, Hampton/Freiburg, Novum/Hamburg, Palladium/Hard Rock Tenerife, Pullman/Invesco, Sheraton/Esplanade, Orascom/Eygpt.

News Mix
18.12.2014

Wiesbaden. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week(s): B&B/Cologne, CDL/Sentosa, Four Seasons, InterConti/Dublin, Baku, Moxy/Vienna, Marriott/Residence Inn Aberdeen, Motel One/Magdeburg, Prague, Okura/Tokyo, Patrizia/Arcotel Hamburg, Savoy London/Qatar, Scandic/Norway, Starwood/Sheraton Dubrovnik, Steigenberger/Cologne, Baden-Baden, TUI.

News Mix
11.12.2014

Wiesbaden. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week(s): Al Habtoor/Dubai, Best Western/Italy, Saudi-Arabia, Dorint/Stuttgart, InterConti/Le Grand Paris, Radisson Blu/Belgrade, Sant Francesc Hotel Singular/Mallorca, TUI AG/financial report, Union Investment/Hampton Warsaw.

Althoff Hotels changes concept
11.12.2014

Bergisch-Gladbach. In the beginning of 2015 and after nearly 25 years, the Althoff Group will be separating from its original nucleus, the Gourmet-Hotel Schloss Lerbach near Cologne, and is substantiating this decision with a location and concept change. With the current expansion, the 4-star Ameron brand is forging ahead particularly quickly.

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