
News & Stories
Wiesbaden/Bad Arolsen. Competition in the budget sector is hotting up. Now, the French B&B hotels are renovating five of their hotels in Germany starting with their oldest property in Ingolstadt. By 2007, the hotel chain will have renovated properties in Hanover, Cologne, Freiburg and Berlin. New addition to the German budget market is also the Hospitality Alliance plc; the company is contemplating 20 properties in its first push.
Munich. André Witschi and Accor are to go separate ways. As hospitalityInside.com from learned reliable sources, both parties are to agree on the termination of contract. As Management Chairman of Accor Hotellerie Germany Ltd, Munich, and as Board Speaker of NewGen plc Moenchengladbach, Witschi loses ongoing contracts. The position as Board Speaker for NewGen plc was awarded to him only six months ago.
Beverly Hills/New York. The news that finance investor Blackstone was to buy Hilton Hotels Corporation sent waves of shock and surprise through the international hotel industry. The takeover of Hilton Hotels by Blackstone represents the biggest transaction the international hotel industry has ever seen. Yet experts already predict that this is only the tip of the iceberg.

Katschberg. With two residence towers next to the Falkensteiner Hotel Cristallo on Katschberg Mountain in Carinthia, Austria, regional politicians are doing their bit for posterity, while Falkensteiner Michaeler Tourism Group erects a showpiece for further projects with a similar financing approach. Last week, the hotel group introduced this project as well as eleven other hotel projects that are planned to be realised in Eastern Europe by late 2009. Internally, the group from Southern Tyrol that has been headquartered in Vienna since April restructured itself and significantly built up its management level with new executives. Given its strong expansion, it also considers founding its own hotel academy.
Zurich. With the now privatised Moevenpick Holding, administrative board and hotel management are looking forward to greater flexibility and higher potential for turnover increases. hospitalityInside correspondent Silvia Pfenniger spoke with the Chairman of the Administrative Board Guido Egli and President and CEO of Moevenpick Hotels & Resorts Jean-Gabriel Pérès on the current mood in the continually expanding company.
Munich. With the line "Guest in the Palace", the Ringhotels consortium in Munich presents an additional offer for luxury guests. Hotels in manor houses, palaces and castles. The brand - up until now itself a consortium - will be fully integrated into Ringhotels.