News & Stories
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.
Munich. With its experience concept in the Park-Hotel Hagenbeck, Lindner Hotels & Resorts received the award "Hotel Property of the Year". The "Hospitality Innovation Award" was awarded to Meininger City Hostels & Hotels and the wombat's group. The awards were presented at the "hotelforum" gala evening in the Hotel Bayerischer Hof in Munich.
Munich. Most mayors dream of an international upper-class brand hotel in their city for some more prestige in the world. In a panel discussion at the "Hospitality Industry Dialogue", the hotel conference of Expo Real in Munich, experts took a close look at the question: "Why do secondary or tertiary locations need luxurious hotels?", and held out practically no prospect for small local councils that their plans will ever be realised.
Munich. Developers and operators still receive abundant offers for hotel projects, but the market is getting more and more differentiated. Requirements for operators are changing again. Last Monday, project developers and hoteliers discussed the question of "Yes, no, perhaps? - Project developers in favour with the banks" at the "Hospitality Industry Dialogue", the hotel conference at Expo Real in Munich.
Paris. According to its ongoing asset-right strategy, Accor announced a major real estate transaction in the budget segment in France, with the sale of 158 hotelF1 properties representing a total of 12,300 rooms for 272 million Euro.
Adelboden. On the area of the former hotel Nevada in Adelboden in the Berner Oberland, Switzerland well-known investors from Kuwait are planning a pool and spa complex including a 5-star hotel with more than 90 rooms and an underground parking lot with 140 parking spaces.
Zurich. Orascom Development will develop an integrated 'Eco-town' covering a total area of 6.82 million square meters in Cornwall, United Kingdom, marking its second integrated development project in Europe.