News & Stories
London. 75% of UK timeshare owners, a total of almost 500,000 households, are pleased with their decision to buy timeshare; 72% of owners would recommend timeshare to a friend; 68% say timeshare is good value when compared with other holidays. The Organisation for Timeshare in Europe's first survey of UK owners uncovers a lot of details.
New York. US trend-setters Aby Rosen and Ian Schrager are collaborating on a brand new SoHo hotel at 350 West Broadway in New York, a site they bought a few weeks ago for about 25 million Dollars.
Davos. By next month at the latest, the canton and inhabitants of Davos are to give the official authorisation for a new mountain design and wellness hotel. The premises of the former Basel Clinic "Klinik am Wald" will form the stage for South Tyrol's designer Matteo Thun. His design for an oval shaped hotel on the mountain side will house 200 rooms and serviced apartments at 5 star standards.
Berlin. Germany`s debt-ridden capital, Berlin, should be the last place where large private investment plans are rejected. Yet this is precisely the decision of SPD town planning senator Ingeborg Junge-Reyer. Plans for the construction of Estrel Parc, a congress and event centre with retail park directly adjacent to Estrel Hotel are to be stopped. hospitalityInside spoke to initiators.
Berlin. The new "ImmobilienSalon" in Berlin is to become a regular feature in the capital. InterContinental Hotels stands behind the new project. The inaugural event already attracted 700 visitors.
New York. SBE Hotel Group has signed an exclusive agreement with renowned designer, Philippe Starck, for the creation of a new luxury hotel brand, to debut as early as 2008.
Berlin. The Grand Hotel Esplanade in Berlin was sold to a subsidiary of the Blackstone group on April 11. The new operator will be Event Management GmbH in Cologne.
Baar. Swiss-based Hapimag is one of the leading vacation membership providers in Europe. For many decades, the company founded in 1963 had recorded impressive growth. Around the end of the nineties, sales revenues declined significantly. Two years ago, there was an internal affair, but now business is growing again – thanks to new ideas such as the categorisation of resorts into worlds of experience or new products that only grant so-called "rights of residence" for a maximum of ten years.