News & Stories

Munich. Treugast Solutions Group, once exclusively active within Germany, has meanwhile grown to become an internationally renowned consultation firm. Today, its activities can be divided into four main departments. But Treugast is presently in the process of a transformation, with the once largely academic firm now taking on a more active role as attention begins to focus on the Far East and the USA.

Hohenheim. Employers suffered a daily loss of 15 minutes to working time during the Football World Cup as employees discussed results once again relived the highlights of the match. According to one study, however, these losses were compensated by the economic plus resulting from the event.

Atlanta. As the US hotel industry continues to enjoy strong uptrends in occupancy and rate in its third year of recovery, there are increasing signs that the pace of increases in certain areas on the expense side of the ledger is gaining momentum. According to a recent study, from 2001 to 2005, hotel maintenance expenses grew 18.3 percent. This is nearly 33 percent greater than the pace of growth for all other hotel operating costs during this same period. 

London. With a "franchise calculator", the HVS International consultancy firm aims at making franchise companies more calculable. The tool is even freely available via the Internet. It was primarily designed for hotel owners and developers. However, these should definitely exercise caution: Choice and Best Western Hotels tested the franchise calculator announcing it to be unsuitable for Europe.

Berlin/Paris. Since 9 June the Football World Cup has been in full swing across Germany. Last year's highly optimistic forecasts for the hotel industry fuelled hoteliers' hopes for extra revenue. With many FIFA-blocked rooms being reopened, many faced the Cup with damped expectations. The direct effects of the Cup are, as a matter of course, largely being shared between the twelve host cities.