
News & Stories
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.
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.
Melbourne. The timeshare industry has emerged as the fastest growing segment in Australia's tourism industry, according to a new economic study.
Zurich. The news about the cost increase from 300 to 400 million Swiss francs for the conversion of the Dolder Grand Hotel in Zurich has hardly died down, and already the Swiss media are reporting on even higher costs. An additional congress annex is planned.
Washington D.C.. American timeshare sales climbed nine percent during 2005 to 8.6 billion USD over 2004 sales of 7.87 billion USD.