News & Stories
Zurich. Yesterday, Marriott opened Neu-Oerlikon in Zurich - the first Courtyard in Switzerland. The company plans to erect another six hotels of this brand. The US chain chose Switzerland's leading catering specialist as its franchise partner.
Hamburg. In the last twelve months, the leisure activities on which the Germans spent the most money are eating out, magazines and other media, CDs/DVDs, mobile phone as well as leisure time travel - excursions and holidays.
Frankfurt/M. After the record year 2005 with a hotel investment volume of 16.5 billion euros, 2006 is well on the way towards another excellent result for the European market. The first half of 2006 saw a total of 9.3 billion euros flowing into the hotel investment market, equivalent to an increase of about 33% compared to the same period last year. About 2.6 billion euros refer to individual transactions, while 6.7 billion euros refer to transactions of hotel portfolios.
Frankfurt/M. Distribution specialist Bianca Spalteholz conveys the basics of yield management in an open seminar in Frankfurt.
Geneva. Kempinski Hotels have moved into Central Asia for the first time with the signing of a cooperation agreement with Okan Holding, one of
Kazakhstan's leading real estate development companies, covering
Kazakhstan, Uzbekistan, Kyrgyzstan and Turkmenistan. At the same time the formerly German group gives up its resort Bel Air on the island of Ruegen in Northern Germany.
Rust. Live like monks and nuns, yet a little more luxuriously - from next year, this is exactly what's being offered to guests to the Europe-Park in Rust near Baden-Baden. Family owners Mack are now building what will be their fourth hotel in the park in the last eleven years. This time the style is that of an old Portuguese cloister.
Berlin. The football world cup meant clear increases in occupancy and average room rates for Germany's hotels. Above all, it was stays made by foreign guests which gave the necessary push to this upward trend.
New Delhi. EIH Limited, flagship company of The Oberoi Group, India, announced extensive expansion plans for both the luxury Oberoi Hotels & Resorts and Trident Hilton brands at the 56th Annual General Meeting of EIH Limited, last week. Chairman P.R.S. Oberoi announced 12 new projects in India and abroad.
Frankfurt/M. The expansion of the Hilton Garden Inn brand in Europe has meant serious competition for Scandic by Hilton. It wasn't until September 2005 that Scandic was declared an operating franchise brand. Now the hotel group has now announced plans to open a further three Hilton Garden Inns in Europe.
Dubai. Nakheel, a leading property developer in the UAE, has embarked on a strategic alliance with Jumeirah Group, the Dubai-based luxury hospitality group.