News & Stories

Munich. Germany's number one problem bank, Hypo Real Estate, was still represented at the Expo Real in Munich. Staff attending the event were certain to have felt a little like Knut the polar bear, one visitor commented with a wry smile. The global financial crisis was the dominant theme in all conversations and specialist discussion rounds. The mood was palpably subdued although not dramatically negative. This impression is also true of the hotel industry: Here, just as in other branches, everyone is trying to see something positive for his or her company in the stream of bad news.

Frankfurt. LiV'iN Hotel & Residence has now opened in Bleichstrasse in Frankfurt's city centre. The hotel is managed by the Frankfurt based HMG - Hotel Managing & Service Company Ltd, that already operates 18 hotels and apartment houses and has announced further expansion plans.

Munich. Who belongs to whom? Even insiders have a hard time allocating hotel brands to their brand owners nowadays. hospitalityInside.com has supported PKF hotelexperts Munich in developing a database that is able to give answers to such questions - and many more. As a first extraction from the new database, the English "brand report" will be presented at the Expo Real Munich. The real estate fair starts next Monday.

Berlin. Grand City Hotels & Resorts, one of Germany's biggest franchise companies, plans to up its number of hotels from 52 to 150 within the space of as little as three years. Grand City is looking to take on chains as well as private hotels in the 2 to 4 star category.

Wiesbaden.The keyword "News Mix" will bring to you tiny bits of news about considerable events of the past week. The following companies and destinations are mentioned today: Aldi-Reisen, Heliopark, Jumeirah, NH, Sun Resorts, Union Investment.

Frankfurt. Record oil prices pushed up the cost of an economy class long haul flight in the first quarter of 2008, yet turmoil in the financial markets soon ensured that demand fell and along with it the cost of a ticket. In the hotel industry too, the times of hefty rate increases are well and truly over - for the moment at least. On account of the weak dollar and the finance crisis, hotel rates in cities such as London, Paris and Rome have seen considerable falls.

Berlin. The Grand City Hotels & Resorts hotel management company in Berlin is introducing its own brand "Grand City" on the hotel market. In parallel, collaboration with other brands is to be pushed forward. The company appearance was revised.

Augsburg.The keyword "News mix" will bring to you tiny bits of news about considerable events of the past week. The following companies and destinations are mentioned today: Accor, Atlantis Dubai/hotel projects, B&B, CHI, Fairmont, Foremost Hospitality, Grosvenor House, Hilton Garden Inn, Marriott/Courtyard, Vienna International.