News & Stories

Zurich. Zurich Airport intends to realise a construction project for offices, hotels and premium services at the "Airport Head" on a site of 200,000 sq m at a total investment of one billion CHF.

Wiesbaden. Budget hotels are finding more and more fans. In Germany in particular, they are considered to be an especially safe investment. However, the little voices of warning are becoming louder: Is the budget market already overheated? And is the return really "guaranteed"? Is the gap between luxury and budget really opening up? Investors are sensitive creatures, shying away from risk and fearing disappointment. hospitalityInside.com therefore wanted to know more – and asked renowned funds, project developers, real estate consultants and budget hotel operators for their opinions. How hot is the subject for you? A review.

Reutlingen. "I hate the term 'interfaces'!" In the end, this deep-rooted inner conviction was the main drive to found a new company: RMDS Hotel. It is backed by Cornelia Markus-Diedenhofen from Reutlingen, an interior architect with 25 years of experience in the hotel sector. At the "Intergastra" trade fair in Stuttgart two weeks ago, she showed her colours for the first time under the name of RMDS and her partners - a network of hotel experts who will construct, care for and furnish hotel projects from a single source.

Munich. British real estate brokers are startled: in the European hotel industry, there has been an increase of emergency sales, especially at the end of 2009. In the mean time, every second transaction in EMEA has become an emergency sale.

Wiesbaden. Are management reports by German real estate companies up to the demands of capital markets? A survey and analysis of end of year reports revealed: Transparency is lacking.

Munich. From now on, a new hotel operating company is active on the German market, and soon also on all German-speaking markets: Berlin Munich Hospitality Group GmbH headquartered in Munich. Dirk Feid, who has been the head of Treugast Consulting, will be Managing Director. The new company will form an alliance with Treugast. BMHG will now act as master franchisor for hotel chains.

Andermatt. The dream of a large skiing resort near Andermatt is over. A cable car will not be authorised. This is an enormous drawback for the development of the mega resort of Andermatt, which is being realised by the Egyptian investor Samih Sawiris.

Frankfurt. Although the short-term prospects for the hotel market in the EMEA region, with the exception of London, are still viewed by investors with pessimism, investors expect positive developments in the medium-term for 20 of 35 markets. In particular, investors have confidence in German hotel markets, especially Munich and Hamburg.

St. Petersburg. Thirty-one million travellers within Russia make a compelling case for looking at the attempts by two Russian cities to meet the demand for accommodation from these travellers. Delegates at the recent Russian and CIS Hotel Investment Conference were informed by representatives from the cities of Novgorod and St Petersburg, where the conference took place.

Munich. At the commercial property trade fair, the Expo Real in Munich, hotels are only a sideline. All the same, there's always news. A selection.