News & Stories
Mainz Tourism in Germany will continue to have difficulties as the number of travelling Germans continues to decrease. Although city trips are still in fashion, they need to be adapted to new target groups and accommodate new challenges. The participants of the 2006 Hotel Congress organized by Hotelverband Deutschland IHA saw themselves confronted with these shattering findings.
Frankfurt/M. The 200 most successful hotels in Germany closed the 2005 financial year up 3.7 percent on the previous year. Together they have a net turnover of 2.63 billion Euros. The "Top 200 Ranking" is published in the current edition of Frankfurt's AHGZ specialist magazine "Der Hotelier".
Bonn. The new brochure of the Deutscher Tourismusverband that is issued for the tenth time highlights current developments and trends on the German tourism market. A useful help in terms of figures, data and facts.
Paris. As per June 1, 2006, Dertour and Thomas Cook AG terminated the lease agreement of their Park Hotel SNC joint venture for the Moevenpick Dream Castle Hotel next to Disneyland Resort Paris. An Austrian hotel management group will take over.
Dubai. At the Arabian Travel Market in Dubai, Kempinski Hotels & Resorts announced the launch of "Shaza Hotels", a new luxury lifestyle hotel brand and the first hotel brand ever to be created specifically for the Middle East and Africa.
Dubai. Budget hotels will flood the rich Arabian countries: easyHotel, London has signed a master franchise agreement with Istithmar Hotels, a subsidiary of Istithmar PJSC - an alternative investment house based in Dubai - to open a chain of 38 budget hotels across the Middle East, North Africa , India and Pakistan within the next five years.
Frankfurt/M. Last year was a record year for the European hotel investment market. According to figures from Jones Lang LaSalle Hotels, 16.5 billion Euros flowed into the hotel investment market. This figure corresponds to a plus of 70% on 2004. Single transactions accounted for approximately five billion Euros, for transactions from hotel portfolios this figure stood at 11.5 billion Euros. Germany is to remain focus for investment.