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News & Stories

New York: Plaza to become a chain soon
25.5.2007

New York. Elad Group, owner of New York's venerable Plaza Hotel has announced a 5 billion dollar project to develop a prominent site on the Las Vegas Strip into a mixed-use development, including a Las Vegas Plaza hotel. It's the first step in a new strategy to leverage the Plaza brand across the world.

IHG wants to go to Oberstdorf
25.5.2007

Wiesbaden. InterContinental Hotels Group has been negotiating for a 150-room hotel at Burgbichl near Oberstdorf for quite a while now. The plans are becoming more concrete. However, which brand is to be selected for the resort still has to be decided.

News Mix
25.5.2007

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: AHC international, IFA, Motel One, Moevenpick, Per Aquum, Travelodge. 

News Mix
18.5.2007

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: Arcotel, Euro Ejendomme, Fairmont, Leela, Moevenpick. 

German budget guests expect more
18.5.2007

Wiesbaden. Budget hotels in Germany have enormous growth potential. All the same, in comparison to their European neighbours, German hotel guests make the highest demands of hotels. This was among the most important realisations at a talk round on the budget hotel industry in Frankfurt.

Dubai hotel investments and staff: figures and opinions
A balancing act between yield and personnel
11.5.2007

Dubai. In the near future, Dubai's hotel market will remain fast-paced, solid and sustainably positive. Those investing in hotel and mixed-use real estate will get back their money currently within about five years . The issue of human resources is not quite as predictable: In the Middle East, a great deal more than 150,000 staff members will be required over the next four years. The situation is already quite tense. In addition, in order to cope with the expected mass tourism, the region needs budget hotels with true "budget" rates. Not everybody understands this in the boom town of Dubai. The industry is doing the splits. Figures and opinions from Dubai.

News Mix
11.5.2007

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: aloft, Golden Tulip, Herkules Grundbesitz, Wyndham.

Mavida hotelier Bren now in consulting
11.5.2007

Zell am See. Herbert Bren, owner of the Mavida Balance Hotel & Spa and the Hotel Hagleitner in Zell am See, Austria, has founded his own hotel management consultancy.

German hospitality industry complains of higher costs
11.5.2007

Berlin. For the first time in four years, the German hospitality industry has been able to record turnover increases. Motors of growth for the change are hotels and restaurant chains. According to the new industry report undertaken by the German Hotels and Restaurant Association, turnover and profit predictions for the summer season 2007 are better than for the previous year. Nevertheless, growing costs and distortion in international competition, mean the association is still having to work hard in the fight against the introduction of a statutory minimum wage and to secure the reduction in value added tax.

News Mix
4.5.2007

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: Europa-Park, Fairmont, Orient-Express, Park Plaza Europe, Ringhotels, Warimpex.

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