News & Stories
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.
Hamburg. Wealth begins with happiness. 67% of all Germans would prefer to be happy than to be rich; only 46% aspire to becoming the latter. These are the results of a recent survey undertaken by the BAT leisure research institute in Hamburg. The survey asked 2,000 participants what wealth meant to them personally.
Berlin. In 2005, the 4 and 5-star segment of the Berlin hotel market did not share the success of the markets in Frankfurt, Hamburg, Munich, Duesseldorf and Cologne, even though the German capital has far more overnight stays compared to the other cities.