News & Stories

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.

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.

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.

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: Blackstone, Deutsche Bahn/German Rail, Kerzner, Maritim/Blackstone, Marriott USA, Mozambique, NH Hoteles, Rezidor.

London. The hotel market in Asia Pacific is seeing much stronger growth this year than last. Room revenue per available room across the region is up 14.1% to 97 USD - outperforming the 9.4% growth achieved in 2006.  Improvements have been driven by double-digit increases in average room rates, which now stand at 137 USD.

London. Jones Lang LaSalle Hotels estimates that 110 billion USD worth of global hotel transactions could be completed by the end of 2007. This represents a 52% rise on last year's record-breaking figure of 72.5 billion USD, proving that investors' appetite for the hotel sector remains at an unprecedented high level.

Berlin. Turning the first sod for a spectacular hotel and conference centre in Berlin-Dahlem. According to the plans of the architect Helmut Jahn, a modern glass and steel construction is being built there, close to the campus of the Freie Universitaet Berlin. Lessee is the Seminaris Hotels.