News & Stories

London. Global hotel performance data for 2006 shows that all regions enjoyed double-digit growth in revenue per available room. Experts expect a more moderate growth in 2007. The interest in hotel-assets in Germany is supposed to slow down.

Wiesbaden. The keyword "News mix" will bring to you tiny bits of news about considerable events of the past week. Today: Arcotel, Blackstone, Carlton/Moevenpick, Luxury Lifestyle, Marriott/Courtyard, Le Méridien, InterContinental, Steigenberger, Worldhotels.

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: DIFA, Express by Holiday Inn, InterContinental, Kempinski, Leela, Le Royal Monceau, Waldorf-Astoria Collection.

Frankfurt/Paris. According to the French magazine "Les Echos",  Blackstone acquired 59 hotels in France from Lone Star Funds, Texas at the end of the year 2006. This marks the end of the marketing-cooperation between French and German LSF Hotels which only started in 2006. There are more news from Germany .  

Paris. The French real estate consultancy firm Atisreal has acquired SP & Partners, Paris, one of the Europe's leading real estate consultancy firms specialising in the hotel sector. At the same time, Atisreal starts the European business division, Atisreal Hotels.

Cologne/Munich. Insolvency proceedings threatening Dorint plc have now been avoided. By way of a so called "spin-off" solution, the German chain has secured itself a new perspective: 41 hotels cooperating with the French Accor Group will now make up a newly founded Dorint Ltd. which will be completely taken over by Ebertz & Partners, Cologne on Monday. 52 hotels remain for the moment with the old hotel company, Dorint plc., is soon to rename itself and instate Accor as majority shareholder. The decision entails the termination of the management contracts with Accor for 41 hotels.

The co-branding introduced in 2003 has also been consigned to the past: Dorint once again becomes Dorint. Accor brands too: Sofitel, Novotel and Mercure are once again to stand alone. Exceptions are made up by the three InterContinental Hotels and a Radisson SAS managed hotel similarly belonging to the Dorint co-operation.

As of April 2007, the newly formed limited company is to receive a new managing director duo: Eric Lassiaille, formerly General Manager of Dorint Resorts, and Elke Schade, present Executive Chairwoman of Ringhotels in Munich. With the before standing changes, Dorint, Germany's biggest hotel company, is to be reduced to less than half its former size. Insiders now hope the with the newly formed group, which incidentally will still employ a staff 3,000 strong, will once again place Dorint on the path to becoming a profit-making undertaking. First profits are expected for 2009.

The spin off solution was made possible in recent weeks after all funds and owners/leaseholders of Dorint Hotels agreed to further massive reductions in their leases. Once again Accor steps into the breach, this time with an equity contribution of 52 million Euros to be held as capital reserve by the new company. The new Dorint Ltd. will then operate 41 hotels from the former Dorint Accor co-operation. All details can be found at hospitalityInside.com .

New York. Hotels rates will remain at heightened 2006 levels and surge in key business centers. Air fares worldwide are expected to increase - though at a slower pace than in 2006. Continuing demand for corporate travel without a commensurate lift in supply will push costs higher across the board in 2007. 

Augsburg (January 12, 2007). 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: Frankonia Eurobau, IFA, InterContinental, Istithmar, Minotel/Landidyll, Sightsleeping, Steigenberger, Taj, Thomas Cook.