Topic Real Estate

News & Stories

Four Seasons New York: Ty Warner creates luxury on top level
50 million Dollar for a suite
19.10.2007

 

New York. European investors will build two nice hotels for 50 million USD. Ty Warner invested 50 million into one single penthouse suite - located atop Manhattan's tallest hotel, the Four Seasons Hotel New York. Priced at 30,000 USD per night and inclusive of all hotel services and amenities, the 4,300 square-foot suite is the most expensive accommodation in the country.

Vivico and Feuring found joint venture
12.10.2007

Munich. Viador Ltd will be the name of the new joint venture between Vivico Real Estate and the Feuring Group. Company headquarters will be in Frankfurt. Area of work will include market and location evaluation and hotel development.

Expo Real and hotelforum fix their attention on Eastern Europe
Big opportunities, complicated risks
12.10.2007

Munich. The rapidly expanding Eastern European market still brings with it its own particular palette of problems and risks. Still, ten years subsequent to the first wave of Western investment, the markets are still ridden with legal uncertainty and - at least from a western perspective - false impressions with regard to hotel locations and concepts. One huge problem comes in the form of massively overvalued land, minimising added value for hotel owners and operators right from the very start.

Expo Real: The hotel real estate market at a glance
More differentiated thinking after the crisis
12.10.2007

Munich. The flow of capital does not stop, but investors change. Lease agreements could gain in attractiveness and hotel management companies will invest in real estate again. Three issues in the discussion about hotel real estate that were the prelude to the "Hospitality Industry Dialogue" last Monday at the start of the commercial real estate fair Expo Real in Munich.

Ruegen's Cerês Hotel sets itself apart with holistic concept
Lifestyle in package deal heaven
5.10.2007

Binz. Families and package holidaymakers make up the largest contingent on Ruegen's beaches - a Baltic sea retreat for all those seeking a short term break and relaxation. Now, the German seaside cliché of wicker chair and beach ball is soon to be united with another - that of Porsche bespectacled couples from culture and lifestyle. It's these chic little touches which the Cerês intends to add - Ruegen's first lifestyle hotel. A Hanover based architect took six years to complete the 50 room hotel, directly on the beach promenade just before the Binz sea bridge. The only thing cool here though is the concept; the hotel itself is - thank God - more palpable, even when the owner has just signed a contract for membership with design hotels. Yet even this agreement is an odd one. Cool.

Exhibition: "Away from Home - New hotels in London"
Demonstrating developments
28.9.2007

London. Given the boom in hotel development it comes as not real surprise to find an exhibition exploring the subject. "Away from Home - New Hotels in London" is a new exhibition looking at the city’s prospects for hotel development in the run up to the 2012 Olympiad and beyond. However it is not just to the east of the capital around the Olympic Park or even the whole of London where development is taking place. ”What the exhibition explores in a very concise manner is not just a London phenomena but one which we are seeing across the globe,” commented Claus Sendlinger, CEO of design hotels.

Losan buys Crowne Plaza in Cologne
28.9.2007

Cologne. The Spanish investment group Losan, based in Madrid, has bought the walls to the Crowne Plaza Cologne Centre hotel, opened more than 20 year ago. The InterContinental Hotel Group is now set to leave the property by the end of the year.

In Budapest the new design hotel Lánchíd19 opened
Fairy tales behind glass
14.9.2007

 

Budapest. Overlooking the Danube and immediately downstream of the Chain Bridge, from where the hotel gets its name, the Lánchíd19 opened in August 2007. The six-story building is a modern insertion in a predominantly 19th Century run of buildings that sit beneath the UNESCO World Heritage site of Buda Castle. The most striking feature of the 48-room hotel is its glass façade and its interior design which is part of the "design focus" programme that was represented at last year's Hungarian Design Week.

United States: Hotel construction ramping up, but demand slows down
Balancing act for the U.S. hotels
3.8.2007

New York. In the U.S., hotel construction is ramping up again, but the economy has begun to weaken. Figures prove: Tourists and international business travellers stay away; The average American can't afford a stay in New York any more. After the hype, massive problems arise for the hotel industry throughout the U.S. and especially for New York.

Hapimag cooperates with South African Club
3.8.2007

Baar. Now, Hapimag members are able to book holidays in South Africa. Thanks to the cooperation venture with the South African Club Leisure Group, selected resorts are available now. The cooperation between the two enterprises makes sense as the members benefit from a higher choice for their holidays and the companies do not raise their own risk.

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