News & Stories

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300 million for more hotels

22.12.2006

Duesseldorf. In the next three to four years, the NPC group from Duesseldorf will invest at least 300 million euros in German hotel real estate on behalf of a national fund. The respective agreements have already been concluded.

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New joint venture by The Leading Residences

15.12.2006

New York. The destination club Quintess and The Leading Hotels of the World partner to create a new joint venture and the new brand "Quintess, The Leading Residences of the World".

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New Spaniards in Berlin: Further 205 rooms

1.12.2006

Berlin. After the Schlosshotel Vier Jahreszeiten, further Spanish companies buy and operate a new 205 room hotel in Berlin's Mitte.

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Accor sells 9 hotels

17.11.2006

Munich. The transfer of undertakings was completed on 1 October, but the official announcement had to wait till now: Accor Germany has sold the real estate of nine hotels under various brands and thereby withdraws from direct operations.

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Cube contrasts

Wine & Spa Resort Loisium Hotel, Langenlois, Austria

3.11.2006

Langenlois. About an hour's drive west of Vienna two blocky, asymmetrical cubes perch in the middle of a gently sloping south-facing vineyard overlooking the small village of Langenlois in Lower Austria. Loisium is both an award winning wine centre and a hotel and spa. The aluminium "skins" of the modernist forms are strikingly different from the surrounding traditional architecture.

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Refurbishment with a tight budget

Hotel Daniel in Graz shines more brightly with two stars than four

3.11.2006

Graz. Oliver Massabni is the first architect saying that he could have saved even more money. But the Weitzer family, owner of Hotel Daniel in Graz, Austria, wanted to let the 2 stars shine with a kick. An ambitious team transformed the faded hotel still officially listed as a 4-star hotel, and located next to the central station, into Austria's first budget design hotel. Within a short time, occupancy and image experienced an incredible surge. A realistic guide for economy-minded investors and hoteliers.

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Daniel Graz is "Hotel Property of the Year"

27.10.2006

Munich. "Smart and chic, casual and affordable". These were the words of Jury Chairman Matthias Niemeyer. This year's winner of the "Hotel Property of the Year" 2006 award was the Hotel Daniel in Graz, Austria. The award was presented on Thursday night at Munich's Hotel Kempinski Vier Jahreszeiten.

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Your own four walls - at least temporarily

Fractionals make ownership in Portugal more affordable

27.10.2006

Lisbon. Fractionals are now enjoying increased popularity in Portugal. Leading destination is the Algarve, for many years already a top destination for Europeans, not only of the golfing variety. This form of holiday is an attractive investment for buyers, as here - quite different to the arrangement with timeshare - they are in fact owners of the property for their time slot. Legally, contracts are governed by English law.

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Plaza New York: Condo owners pay millions

27.10.2006

New York. When The Plaza New York reopens in spring - after a 350 million Dollar renovation - it will be a condo-hotel, whose 152 rooms will be sold for 1.6 million Dollar to 9 million Dollar apiece.

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Motel One: The new budget design

27.10.2006

Munich. The triple bed room is now finally a thing of the past. Now more design for the pound is in demand. At the Expo Real in Munich this week, the 2 star chain Motel One showed the first photos of their new look. From 45 Euros per room, the hotel chain offers a comfortable double bed that with clever use of decorative cushions and colourful bedspread, now appears an awful lot more noble. The television has become an LCD flat screen, there's a mobile workspace, seats and air-conditioning.

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