News & Stories

Vienna. Why do investments fail? What puts the success of hotels at risk? What precedes restructuring? The Austrian consultancy Michaeler & Partner, also active in project development and in construction management, has conducted a survey of over 500 bank contacts in nine countries of central and South Eastern Europe - right on time for the real estate and investment trade fair Expo Real in Munich. The three main causes of failure: lack of experience, overly optimistic business plans and wrong finance.

Wiesbaden. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week(s): Carehotel/Schotten, Fairmont/Abuja, Four Seasons, Lindner/Waren, Méridien/Split, Minor/Middle East, Novotel/Nuremberg, RIU Plaza/Berlin, New York.

London/Doha. STR Global has partnered with the Qatar Tourism Authority to expand benchmarking services throughout the country’s hotel industry. At the same time, HVS Dubai publishes a market report about the current hotel situation in Qatar. The challenges until 2022 remain big.

Wiesbaden. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week(s): AccorHotels/Teheran, Bamberg, Best Western/Italy, Dusit/Oman, Glam Hotel/Milan, IHG/Indigo Berlin City, Meliá/Frankfurt, Campione d'Italia, NH/Hoteles Royal, Westin Excelsior Rome/Katara.

Wiesbaden. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week(s): Blackstone/Strategic, GBI/Hampton by Hilton, HR Group/Pullman Stuttgart, Mandarin Oriental/Beirut, New Century/Offenbach, Orascom/Alcom, Radisson Red/Glasgow, Starwood/Tribute London, Stiwa, Tune Hotels/Liverpool.

Vienna. The Austrian hotelier Florian Weitzer will now open his second hotel in Vienna after the funky lifestyle hotel Daniel. The Grand Ferdinand is intended to bring back the elegance of the Imperial and Royal era - with hipsters and rucksack tourists, with Leberkäs and Champagne.

Amsterdam. Good news for operators in the youth hostel market: Bed sales accounts for an average of 78% of total revenue, a report says. But increasing ancillary sales drive business.

Augsburg. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week(s): Art-Invest/B&B, Best Western/Augsburg, Hanover, Bierwirth/Courtyard, Falkensteiner, Hilton/Hampton Berlin, ibis/Berlin, Constance, Jumeirah/Dubai, Méridien/Batumi, Louvre/Magnuson, Moevenpick/Riyadh, Park Inn/Bukarest, Ramada/H+ Leipzig, Ritz-Carlton/Budapest, Robinson/Turkey, Space/Italy, Starwood/Bukarest, TH/Italy, Union/Hamburg, Warimpex/andel's.

Vienna. Partially overheated competition and lower yields in some Western European markets are attracting investors to Eastern Europe once more. Particularly Bucharest, Sofia and Belgrade are catching up slowly but steadily.

Berlin. Even when the Internet is catching up: As before, the Germans still prefer to sit in front of the television, listen to the radio or talk on the phone in their leisure time. High-culture events, however, are rather unpopular and women will more clearly express their leisure wishes than men.