
News & Stories
Munich. As of 2009. the renowned Arabic hotel group Jumeirah is to operate a 120 room luxury resort on the Spanish island of Majorca. The group is also conducting negotiations for a hotel in Frankfurt.
Berlin. The Australian Adina Apartment hotel chain is coming to Germany. By the end of the year, it will open its first object in Berlin. Further hotels are planned in Europe and particularly in Germany.
News Mix
Augsburg. The keyword "News mix" will bring to you tiny bits of news about considerable events of the past week. The following companies are mentioned today: Amanresorts, Banyan Tree, Best Western, Deutschland privat, Kuoni, Novotel, TUI.
Tegern Lake. Cologne based Althoff hotels are to assume Sofitel Seehotel Ueberfahrt on Tegern Lake, Bavaria. The 188 room hotel, once with Germany's most expensive rooms, will now be renovated to comply with Althoff standards.
Frankfurt/M. Following the record year 2006, with investment volume of 21.6 billion Euros, the European hotel investment market has remained buoyant through the first six months of 2007. At nine billion Euros though, total transaction volume is 3 percent lower than it was over the same period in 2006.
News Mix
Augsburg. The keyword "News mix" will bring to you tiny bits of news about considerable events of the past week. The following companies are mentioned today: BayernLB, Fairmont, Meridia Capital, Wyndham.
Munich. "Italy is currently our most important and successful expansion market," says Margit Koller, Managing Director of Choice Hotels Franchise GmbH in Munich. Accordingly, the company's number of Quality, Comfort and Clarion hotels in Italy has risen from eleven to 17 hotels since its re-branding in November 2006.
News Mix
Augsburg. The keyword "News mix" will bring to you tiny bits of news about considerable events of the past week. The following companies are mentioned today: Angelo, Ariva, Capella, Express by Holiday Inn, Innside Premium, IVG.
Cologne/Duesseldorf. In 2006, nearly all 4 and 5-star hotels of all six German hotel markets, surveyed by Jones Lang LaSalle Hotels, profited from the increasing travel willingness - except for one, namely the capital of North Rhine-Westphalia. In the one-year comparison, Berlin, Frankfurt, Cologne, Munich and Hamburg boasted a room yield increase from 7.3% to 23.1%, whereas Cologne had an increase of 9.7% and the hotel managers of 4 and 5-star hotels in Duesseldorf had a decrease of 2.1%.
Zurich "UBS now intends to invest a further billion in Swiss hotels" was the headline of the Swiss newspaper "Tages-Anzeiger", one of the biggest and most reliable Swiss print media. "Banks turn on the credit tap," the newpaper announced and referred to a "newly published study from the large bank of the hotel industry". hospitalityInside.com took a look and found a number of questionable elements.