News & Stories
London. Le Méridien Hotels & Resorts are continuing their worldwide expansion unbridled. The takeover of the deeply indebted group is imminent; nevertheless, 21 openings have been announced for the period up until early 2007.
Dubai. A new superlative in Dubai is “made in Germany”: A German fund will build a 1,050-room hotel, the biggest in Dubai. Radisson SAS will be operating the “Dubai 1000 Hotel”.
Frankfurt/M. After fierce competition for the much sought-after hotel project in downtown Frankfurt between the old opera and Hochstrasse, the jury has now decided in favour of the consortia revolving around the operator Mandarin Oriental. It remains to be seen if that was the final word.
Augsburg. Further international hotel chains are moving into Arabia: Shangri-La opens a 680-room complex in Oman, Radisson SAS a 251-room hotel in Dubai and Moevenpick a residence in Doha.
Dubai. The luxury group Jumeirah International from Dubai is reducing its company name to "Jumeirah" with immediate effect. The top-notch hotels will change their name by the end of 2005, aiming at creating a strong brand presence for expansion on a regional as well as international level.
Dubai. Emirates, the Dubai-based international airline, will invest 142 million Dhs to build a luxury conservation resort in Australia`s Blue Mountains - its first such hospitality development outside of the U.A.E.
Moscow/St. Petersburg. The next international chain is flying its flag in Moscow: On July 18, Swissôtel Krasnye Holmy opens in Moscow – the first hotel of the Raffles subsidiary in Russia and Eastern Europe. Apart from that, Corinthia from Malta announced the expansion of Nevskij Palace in St. Petersburg to a 5-star hotel.
Kiel. The Austrian Hotel Development Company Rogner International plans the construction of its first German hotel complex in Westensee Nature Park, Schleswig-Holstein.
Toronto. Canadian Four Seasons Hotels Inc. has confirmed that the shareholders of 795 Fifth Avenue Corporation, the owner of The Pierre, have approved a new operator.
New York. The contract remains to be sealed either today or at the end of this week: The Four Seasons Hotel The Pierre in New York will then become a Taj hotel. In Chicago Four Seasons will cease management for The Ritz-Carlton.