Topic Real Estate

News & Stories

Sold out of InterConti real estate: 5 hotels left
9.9.2005

London. Progress in the asset disposal strategy of the InterContinental Hotels Group plc. In September 2005 the company sold 11 hotels in Australia, New Zealand, Fiji and one now in Paris.

1400 m² "Presidential Suite" on stilts
2.9.2005

Male/Maldives. Six Senses Resorts & Spa based in Bangkok receives as of yesterday guests in the "Private Reserve" of the Maldives resort Soneva Gili. The "Presidential Suite" to impress even the most spoiled guest stretches over 1.400m².

Hard Rock Hotels soon to be found in the mountains
19.8.2005

Orlando. Hard Rock International Inc. is to build new Hard Rock Hotels in holiday complexes of US segment leader Intrawest Corporation. The agreement was reached through Lifestar Hotels LLC, a 50:50 joint venture between Hard Rock International and Sol Meliá Hotels.

Merrill Lynch is bullish on hotel stocks
19.8.2005

New York. After three years of flat growth, depressed room rates and few major construction projects, the lodging industry - in the US - is hot again, says a Merrill Lynch analyst.

Interim Suite for 1100 euros per night
12.8.2005

Pegnitz. In the run-up to the famous Wagner festival 2005 in Bayreuth, hotelier Andreas Pflaum from Pegnitz converted a conference room into a suite. The project is a tremendous success. The room is used to 95 percent of its capacity and not only by curious colleagues.

Peninsula Beijing renovates suite for 1.3 million Euros
5.8.2005

Beijing. Peninsula Hotels have invested 1.3 million Euros in the new design of the 660 sq m luxury suite in Peking's Peninsula Palace.

Autostadt Wolfsburg: Painful Pool at Ritz-Carlton
29.7.2005

Wolfsburg. The corruption scandal at Volkswagen in Wolfsburg is as fishy as it gets, as now the press department of Autostadt refuses to give any more information about the new pool at the nearby Ritz-Carlton Hotel. 

German Prefabricated Houses for Holiday Village
22.7.2005

Pragelato. In the Italian town of Pragelato near Turin a new holiday village now nears completion. Final construction works are to be carried out in November 2005, well in time for the Winter Games 2006. The building contract for 87 apartment houses with a total of 205 separate living units at a cost of 25 million Euros was awarded to a German firm.  

Flatscreen TVs for Economy Hotels
8.7.2005

Paris. No real breakfast, but flatscreens in the rooms. Accor is even equipping its Red Roof Inn and Ibis hotels with LCD flatscreens. 260,000 televisions have been purchased - nearly twice as many as were sold in the whole of France last year.

RCI gains Sol Meliá Vacation Club 
1.7.2005

Munich. The exchange service for condominium owners RCI, a subsidiary of the US giant Cendant, has managed to hook an important client: the Vacation Club of the Spanish hotel company Sol Meliá.

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