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News & Stories

From design to style breaking with style: 9 European hotels in future
25hours shows new ways
27.4.2007

Hamburg/Frankfurt. Starting from the unconventional design idea of just one person, a small pan-European hotel group is now being developed from its roots in Hamburg. 25hours hotels depart from every category and style definition mixing elements from the luxury hotel industry with budget stay-overs. Style-breaking design. The 25hours Hotel Company creates homes for urban nomads, who enjoy the informality of creative young branches of industry.

Accor sells Red Roof Inns
27.4.2007

Paris. Accor announced the sale of Red Roof Inns to a consortium comprised of Citi’s Global Special Situations Group and Westbridge Hospitality Fund, L.P. for 1.32 billion US-Dollars. In the future Accor is refocusing on it’s brand Motel 6 in the US economy market.

Hostels take hold of the budget market - High in demand among investors
A scene to become a market segment
20.4.2007

Berlin. They represent a growth segment, and not only on the German market. And above that, they offer chances for founders - hostels. The new hospitality type is expanding because terms like "youth hostel" and "backpacker" hotel are protected. Due to their low requirements in terms of real estate and architecture, they are in high demand among investors. However, most of them are still operated by their owners. Despite that, a few chains have formed so far. Berlin has the highest number of hostels.

InterContinental stands by Germany
No space for Crowne Plaza, but luxury
20.4.2007

Frankfurt/M. At the first press conference after many years, InterContinental Hotels Group's managers for Germany have announced their plans for the local market. With 13,645 rooms, Germany is the most important market in Europe - after England, the company's mother country. Further growth has been planned. The joint venture with the former Dorint chain is over once and for all.

The Internet invites to a parallel world - 5 million users of Second Life
A testing ground for hotels
6.4.2007

Wiesbaden. All over the world, about five million people have cast a glance at the second life, the new virtual world of "Second Life" or are among the frequent visitors. While major manufacturers of branded articles have been selling their products there for many months, most hotel companies still refrain from participating. Only Starwood and its aloft brand, the Austrian private hotel Uebergossene Alm and the Dutch holiday home provider Euro Relais have dared to enter the experiment with the virtual parallel world.

The hotel industry keeps on generating new brands - Does it make sense?
The flood of the soulless
6.4.2007

Augsburg. aloft, element, 1, Indigo, Reserve… This is the new alphabet of hotel brands. Hardly a month goes by without new hotel types being created by the international hotel giants. What is it good for? Confusion. Taxi drivers swear about it and even hotel insiders are confused. The industry's problem: There are a lot of brands, but almost none of them fulfil the promises they make, says Prof. Dr. Marco Gardini of the International University of Applied Sciences in Bad Honnef. Less would therefore be more. Kurt Ritter of Rezidor recently announced that the company's range of brands will be consolidated in future. A thumbnail description of an ongoing discussion.

Confusing flood of brands - Cornell study: Customers remain the same
Ping-pong in the niche
30.3.2007

Augsburg. In recent months, only very few weeks have passed without the hotel chains announcing yet another brand. This week, the Ritz-Carlton presented its new brand "Reserve", a new eco-brand for remote and isolated resorts. At the same time, Cornell University published results from a new study on brand segmentation: According to their findings, the advantages are few. Branching into more brand sectors doesn't automatically mean controlling these areas as well. Meanwhile, the mega chains such as Marriott and Accor are secretly testing other approaches: In the midst of their standardised products they are surprising with single "boutique hotels" - under their established brand names. 

Marriott to expand and reinvest in Europe
In its 80th year - a constant on the market
23.3.2007

Berlin. In the 80th year of its company history, Marriott International shows itself to be as solid as a rock. At the traditional press talk at the ITB, the company's management was full of confidence and optimism. Last year's figures emphasised the role of the mega player. In addition to further expansion, it will invest millions in faded hotels as competition continues to be fierce.

Motel One expands with Verkehrsbuero Group in a joint venture
Low budget design for Eastern Europe
23.3.2007

 

Munich. The German chain Motel One signed a joint venture agreement with the Austrian Verkehrsbuero Group a few days ago. This is the foundation for the massive expansion of the low budget brand Motel One in the so-called CEE countries. Within the next five years, the new joint venture company aims at positioning itself in this region with 3,700 additional rooms. Currently, Motel One has 13 hotels with 1,500 rooms in Germany and will open six additional hotels with 1,200 rooms this year.

IHIF session about Designer & Lifestyle brands
On the way to "massclusivity"
23.3.2007

Berlin. The definition always leads to confusion, for sure is only that designer hotels show a significant higher performance than brands of other sectors. The chains' ongoing passion for designer and lifestyle brands leads to a new "massclusivity".  A discussion at the International Hotel Investment Forum, hold in Berlin two weeks ago.

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