News & Stories

Brussels. The first SAS hotel was opened in Copenhagen in 1960. The hotel operations of the SAS airline were initially part of SAS catering, which was later renamed SAS Catering and Hotels. Reorganization in 1985 saw the creation of SAS International Hotels, a fully owned subsidiary of the SAS Group. Expansion of the hotel network was then a key objective.

Dubai (November 18, 2005). Emirates, the Dubai-based international airline announced the launch of its latest project Emirates Marina Serviced Apartments & Spa - the first step into the apartment business. The property will open by September 2006.

New York. American Express Business Travel's 2006 Global Forecast indicates strong price increases in the global business travel industry and suggests a more challenging corporate travel buying market in the year ahead. The comprehensive analysis forecasts hotel trends as well as published price predictions for the coming year regionally and globally.

White Plains. Just as the "aloft" brand incorporates characteristics of the design brand "W", the new Starwood brand "Extended stay" is to become an extension of Westin-Hotels. The first property will start in the USA in the first quarter of 2006.

Paris. In a review of the hotel chains' growth during the last ten years the French consulting MKG does not reveal any surprise. Of the top ten groups in the ranking of 1995, eight are still among the Top 10 in 2005. Nonetheless, growth is strong: in ten years, the supply, expressed in number of rooms at these groups, saw average growth by nearly 85%, nearly doubling their supply worldwide.

Lucerne. According to Swiss news reports, the French Rosebud group has lost its major investor. That would dispose of the renovation millions for the Buergenstock Hotels that were announced last week - and probably the entire group.

Mumbai/Sydney. After US, the Taj group of hotels is checking into Australia. The country`s largest hospitality chain has bid for iconic W Sydney Hotel located in Woolloomooloo.

Lucerne. In October 2006, the resort facility Buergenstock Hotels near Lucerne, Switzerland, will be closed for at least two years. Finally, the hotel is going to be converted if the owners stick to their promise.

Tokyo. JAL Hotels Co., Ltd. ist the first Japanese company having signed a hotel management agreement with Acico International Real Estate Development Co. based in Kuwait for two hotels in the United Arab Emirates - for the Nikko Fujairah Resort & Spa in December 2006, and Hotel Nikko Tower Dubai in December 2007.  

Adliswil. Recently Mövenpick Hotels & Resorts took over a luxurious resort on Mauritius and now announces a total of five new projects in Dubai as well as on the tropical island of Zanzibar, putting the Swiss international hotel chain on course towards achieving its expansion objectives.