Banks have to pass a stress test. Austria's hotel industry voluntarily undergoes an annual fitness check - using well-founded key figures based on 800 establishments in the 3 to 5-star category. The GOP is not fit.
The Saudi Arabian sovereign wealth fund PIF is structuring its hotel activities. It has now announced the establishment of its own international hotel management company. The CEO of Adeera is Stefan Leser.
Accor/Pipeline, Amonti/Ahrntal, Bzar/Tuscany, Capella/Pipeline, Design Hotels/new additions, Deutsche ZeitWohnen/Phil & Max, Four Seasons/Greece, Prague; Gekko Group/Berlin, Gruppo UNA/Sicily, Hilton/Pipeline, Hyatt/Pipeline, Italy/self-check-in prohibited, LHW/new additions, LVMH /deal, Mandarin Oriental/Paris, Amsterdam, brand rights; Maritim/Calabria, Marriott/Moxy Dubai, Prague; Melia/Pipeline, Minor/Africa, Miramis/new brand, Motel One/Cloud One Gdansk, Novum & IHG/Candlewood Suites, Radisson/Tunis, Galway; The Chedi/Hegra, Tribe/Pipeline, U-Visionary/Venice, voco/Jeddah, Wyndham/Pipeline. Renovations: Hilton Garden Inn Innsbruck
Althoff/LHW, Amapa/Davos, B&B/Alba, Choice/Vienna, Harry's Home/Graz, Hotel Roccaverde/Breno, Jumeirah/Africa, Maison Heler/Metz, Marriott/Serbia, Motel One/Antwerp, Numa/Rome, Park Hyatt/Sicily, Oetker Collection/St. Tropez, Premier Inn/Expansion, Radisson/Madrid, Lancashire; Ruby Stella London/Sale, SLH/Members, Soges Group/Florence, Terra Saar/Vorreiter Hospitality, The July/London, The Social Hub/New Openings, Vivion/Femina Palast, Waldorf Astoria/New York, Westmond Hospitality/Grupo Lar
Adler Spa Resorts/Lago Maggiore, B&B/Aalborg, Blackstone/Grand Hyatt Athens, Britannique Hotel/Naples, Casual Hoteles/Naples, Dekus/Foundation, Ennismore/25hours Khobar, Isleten Project/Sawiris, Libere Hospitality/Urban GL Piraeus, Pellicano Hotels/Orvieto, Radisson Blu/Cluj-Napoca, Ruby/London, Splendido/Portofino, Tribute Portfolio/Apulia, Zel/Punta Cana
The new Labour government in the UK has introduced major changes to employment laws and taxes, aiming to increase job security, improve workplace practices and boost wages. However, these reforms have also created significant challenges for the hospitality and tourism sectors, where even small costs can threaten business viability.
Global spending on luxury goods and services is stagnating. The industry's new growth drivers include high-quality experiences, including hospitality and gastronomy. Europe is also benefiting from this.
25hours/Jakarta, Aareal/Refinancing, Accor/Muze, Düsseldorf, ADIA/Sale, Althoff/Cologne, Design Hotels/Istanbul, Eight Hotel/Cortina d'Ampezzo, Guldsmeden/Expansion, Hilton/Italy, IHG /Novum, Garner, Oberoi/UK, Premier Inn/Rosenheim, Radisson/Kuwait, Turkey, Stayurban/Magdeburg, Tegernsee/Hotel Seegut, The Passenger/Salzburg, Tin Inn/Pipeline, Tribe/Milan, Whitbread/UK
The US and, indeed the entire world, have waited with bated breath to know the outcome of the US election. While Donald Trump is delighted with his victory, the US hotel industry will have to endure huge cost increases. The USA will also become an unpopular destination. Europe will benefit from this.
Zleep founder Peter Haber has now sold all brand rights to the Chinese company H World. He and the Steigenberger parent company are thus going their separate ways. Expansion in Europe is now on the agenda.
AG Group/Reorganisation, Aldiana Club Resorts/Carinthia, Azora/Portugal, B&B/Vienna, Hyatt/EMEA, IHG/Portugal, Life/Apulia, Marriott/Pipeline, Project HQ/Switzerland, USA, Ruby/Dublin, SoGes/IPO, Stay Kooook/Munich, Tui/IPO, Ultimate Collection Group/Apulia, Vacanze col cuore/Umbria
