News & Stories
Berlin. Hosts of the 11th International Hotel Investment Forum have announced the finalists for the prestigious Deal of the Year Awards. The Deal of the Year Awards will be presented 5 March 2008 at the InterContinental Hotel in Berlin, Germany, in the categories of Single Asset, New Development, and Portfolio.
Geretsried. In two years' time, the fairytale of 1001 nights will soon be open to visitors south of Munich, in Geretsried, Bavaria. There, the world's biggest day spa is currently in construction, the "Spa Aladin". By early 2010, an oriental wellness oasis stretching over 22,000 sq m will come into being; an attraction predicted to entice 600,000 visitors per year. An operator is still being sought for the accompanying hotel. The cost of the entire project runs to some 60 million Euros with finance coming from a Saudi Arabian investor.
Zurich. Two Swiss entrepreneurs are now pushing ahead in the "Health Care Residences" segment. From their base in Zurich, they have set up a company which combines quality residences with additional medical services.
Munich. The fund market is moving into the limelight: on February 7, 2008, the results of the "Gesamtmarktstudie der Beteiligungsmodelle 2008" will be presented to the public for the first time in the course of the Feri Symposium. In the meantime, the symposium has established itself as the industry's prelude event of the year.
Vienna. At the beginning of February "The Ring" is exklusively booked by the Alumni of the famous Cornell University in the US for their EMEA regional meeting. Guy Dittrich looked upon the hotels promises in design and function und checked what the slogan of the place "Vienna’s casual luxury hotel" promises.
A return mix
London. The current turbulence in the market has affected hotel investors' yield requirements for new acquisitions however some Central & Eastern Europe cities are showing stable yield requirements in the medium term indicating continuing investor interest in the region - reports Jones Lang LaSalle Hotels' latest issue of the Hotel Investor Sentiment Survey. According to the report, Germany's hotel investment market becomes one of the leading countries in 'buy intentions'.
Munich. This book is the first of its kind, and enters the market at a time when real estate and investment discussions have finally gripped all of Germany. Under the English title of "Hotel Real Estate Management", the book describes basic knowledge about hotel real estate as well as special areas and case studies.