News & Stories

London. England is again playing a leading role in the introduction of new products and innovations at Choice Hotels.

London. Having published its latest European Hotel Transaction Review, HVS International now presents the European Hotel Valuation Index 2005. Its highlights: London is back as number one, the spanish cities Barcelona and Madrid are among the biggest losers.

Moscow. In the Russian capital, a lot of money is currently being invested in new hotels as well as the modernisation of hotels. In Moscow, the number of hotel rooms is planned to roughly double from 64,000 to 120,000 within the next three years.

Munich/Berlin. Innovative concepts are rewarded, performance slip-ups are punished. The current “Investment Ranking Hotellerie 2005”, published by Treugast business consultancy on the occasion of the International Tourism Exchange in Berlin which opens its gates today, reflects small but substantial changes in the industry. After three difficult years, the industry is slowly recovering.

London. Deloitte's global hotel performance data for 2004 from the HotelBenchmark Survey shows a marked improvement compared to last year.

Paris. Accor business volume from online bookings increased 44% in 2004 to 431 million Euro. The internet bookings were accounting for nearly 8% of lodging business volume, compared with 5.6% in 2003. The number of room nights booked via the portal increased by 87%.

Paris. As a preview of the in-depth European hotel industry report, compiled each year by MKG Consulting, Paris, in March the experts present a list of the 10 largest groups and the 10 largest brands located in the European Union.