
News & Stories
Paris. Concerning hotel investments, there was a strong growth of 54 percent in the first half of the year in Europe. At the five most important tourism destinations, a total of more than 4.5 billion Euro were invested in the first six months.
Frankfurt/Zurich. Of the two new studies that were published this week, one deals with the future of business travel and private travel, the other with the future mobility in Switzerland. Gen Y is clearly more strongly planning their trips through online methods; and in Switzerland – but presumably not only there – there will perhaps soon be communicating bicycles.
News Mix
Augsburg. The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week(s): Bayside/Scharbeutz, Best Western/Russia, Eastern Europe, Hilton/Saudi Arabia, Invesco/Amsterdam, Kerzner/China, Maxx/Jena, UBM/Munich, Wyndham/Turkey.
Munich. Motel One is about to leap over the Atlantic Ocean: in 2016, the first Motel One New York will open – at a prominent location with 750 rooms in a skyscraper.
Paris. Threatened by the arrival of top luxury Asian brands in Paris and chasing the coveted new French label "Palace", landmark hotels in the French capital close one after the other for massive renovation. Now, Le Plaza Athénée closed.
Amsterdam. citizenM, announced this week a partnership with the Artyzen Hospitality Group, the hotel management subsidiary of Shun Tak Holdings Limited which is run by the influential Ho casino family of Macao.
Munich. The biggest British budget chain Premier Inn aims to conquer the German market with a massive expansion drive. The company has already conducted comprehensive market assessments and has decided that the British design will not be translated 1:1 to Germany.
Munich. On an average, Treugast indicates solid achievements for the hotel operators represented in Germany. However, the hotel market in the country is overcast. The new readiness of some chains for financial entrance might help in the expansion. The Treugast Award for the most popular investment partner this year and for the first time does not go to Motel One. Indeed, three groups - Motel One, Accor and Marriott - are defending the top ranks of the "Treugast Investment Ranking".
Munich/Salzburg. In Austria, no hotel group has received an AAA in the current Treugast/Horwath Ranking and this is now regardless of the hotel industry in Austria nearly having gotten over the crisis. No miracle that more and more new investors and operators want to gain a foothold there. The competition in the capital is dramatically intensifying there.
Vienna. Vienna has obtained one more boutique hotel this month: The GuestHouse Vienna, located between the opera and Albertina museum, has opened. The industry knows one of the owners already from 25hours Vienna.