Topic Real Estate

News & Stories

Condo Hotels on the up in London and France
Attractive tax benefits
16.12.2005

Augsburg. The first Condo Hotel in London was sold immediately, but Europe's biggest property with 930 units in England's capital is still to be build. For the British, the investment means attractive tax advantages. In France one provider holds many brands. The Condo trend from the USA has finally arrived in Europe.

Condo Hotels: A simple product with attractive return
Rent's the key
16.12.2005

Augsburg. "Condo Hotels" as further mode of involvement in tourist real estate now seems to be establishing roots in Europe. In the US where this is a long established marketing concept for hotel real estate, the upwards trend remains unfettered. Clear success factor are attractive rent profits for the buyer.

Hotel and retirement home in combination? What makes sense?
A difficult duo
25.11.2005

Wiesbaden (November 25, 2005) . Redeveloping a hotel into a retirement home is by no means easy, but certainly possible. Attempts to bring the two concepts together have all failed in the past. The advice remains: either the whole hog or not at all.

The model "Leading Residences of the World" does not appeal to everybody
Club concept for a quartet
25.11.2005

New York. The Leading Hotels of the World are building up a new marketing instrument as well as a new source of income: the "Leading Residences of the World". That concept is about buying and/or renting vacant villas and empty suites in hotels according to a timesharing pattern. There are already 13 residence partners, while other chains and renowned hoteliers disapprove of this model. Behind her restraint there is an unspoken fear that their own business will be cannibalized by third parties.

Starwood to sell 38 properties:  Sternlicht attacks CEO Heyer
18.11.2005

White Plains. Starwood Hotels & Resorts plans to sell 38 of its hotels to Host Marriott for 3.3 billion USD. The proposed stock and cash transaction has a total value of 4.1 billion USD, including 700 million USD of debt assumption, but the deal was immediately attacked by Starwood`s former CEO Barry S. Sternlicht who remains a large shareholder.

Rezidor SAS' architect Matteo Thun is just as critical as creative 
Mutated into a cost engineer
18.11.2005

 

Duesseldorf. In the very centre of Duesseldorf's trendy harbour district, the new Radisson SAS Harbour Hotel has opened its doors. On venturing through them, the first thing greeting the curious guest is a glass wine case and the bar. The reception is notable only in its absence. The rooms also have suprising features. The idea is part of a concept developed for Rezidor SAS by the Milanese architect Matteo Thun. Thun's office has also been contracted to develop the new Rezidor brand Missoni Hotels.
Fractional interest and private residence clubs contra timeshare
Luxury and lifestyle in multi-week package deal
18.11.2005

Augsburg. Fractional interest and private residence clubs complement timeshare as the more classic models for shared use of real estate. Although the idea has been floated in Europe for some time, whether the new American idea for periodic right of use and access to higher living will find enthusiasm on the opposite side of the Atlantic remains to be seen.

Timesharing - The definition, the basic concept and the market
A special business model
11.11.2005

Augsburg. Timesharing - this term keeps appearing in discussions more and more often when it comes to mixed-use objects or luxury hotel financings. What does this term actually mean that is sometimes described as vacation property or right of part-time use? One thing is certain: the term comes in countless facets that are hardly known in Europe. As of today's issue, hospitalityInside.com will consistently intensify its reporting about the business model of timesharing, its building blocks, its providers and the market behind it.

Timesharing legislation on the European market
Customers' rights in focus
11.11.2005

Augsburg. The EU directive of 1997 contributed to a clear definition of the rights and obligations of timeshare customers and providers. Some countries have realised them applying even stricter standards that far exceed the basic requirements.

Better protection for Swiss timeshare clients
4.11.2005

Zurich. Even the Swiss want to better protect their timeshare market from unscrupulous salesmen. The Swiss law commission has welcomed a change in the law of obligations.

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