Topic Strategy

News & Stories

10 new hotel marketing groups in Switzerland
5.5.2006

Bern. In the contest between the two Swiss hotel associations of hotelleriesuisse and gastrosuisse, hotelleriesuisse has taken a step ahead in order to lay claim to its leadership position. It will closely collaborate with Schweiz Tourismus in terms of marketing. By 2010, it is planned to introduce ten new hotel marketing groups.

Football World Cup: Last rooms returned
5.5.2006

Frankfurt/M. 38 days before the football world cup, FIFA World Cup Accomodation Services can report almost one million overnight stays. The figure beats booking figures for similar sporting events such as the 2002 event in Japan/Korea or the football world cup in France in 1998.

Steigenberger on the financial year 2005 and future strategies
A continued struggle and cautious growth
28.4.2006

 

Frankfurt/M. Steigenberger recorded higher average room rates in Austria and Switzerland than were even hoped for in Germany. Germany's second biggest hotel group still struggles against the problems of overcapacity and displacement by other groups. Last year, one new hotel was opened, but expansion attempts remain cautious. Chairman Karl Anton Schattmaier was pleased to introduce his hotel group as "redeemed from debt"; nevertheless, credit of 150 million borrowed from the major shareholders still remains unpaid. Steigenberger's present and future.

Cendant to merge AmeriHost into Baymont
28.4.2006

Parsipanny, N.Y.. In a move to fulfill a strategic priority by strengthening its position in the midscale lodging segment, Cendant Hotel Group intends to merge its AmeriHost Inn franchise system into the recently acquired Baymont Inn & Suites brand.

Romantik aims at further growth in Europe
28.4.2006

Frankfurt/M. To grow in Western Europe is part of the future vision of Romantik Hotels & Restaurants. At their international shareholder meeting in Amsterdam, the cooperation introduced, among other things, the new "Country Managers".

The Leela Group:  A Profile
Textiles and luxury hotels tailormade
21.4.2006

Mumbai. Founded in 1957 by Capt. C.P. Krishnan Nair, the Rs.450 crore Leela Group is engaged in the business of ready-made garments and luxury hotels and resorts.

FOCUS India: The Leela Palaces & Resorts double in four years
7 stars and residences show the way
21.4.2006

Mumbai. The Indian Nair family earn their money with textiles and hotels. The Leela Palaces & Resorts are bringing them the turnover and GOP increases that Europeans can only dream of. As far as expansion is concerned the small group concentrates on only the most opulent palaces above which a "7 star" rating will shine. Leela President Peter Leitgeb now advocates further partners alongside Kempinski. Behind the scenes, company founder Captain C.P. Krishnan Nair aged 84 is slowly handing over the business to his son Vivek.

Starwood's Preferred Guest Program starts Online Blog for travelers
14.4.2006

White Plains, N.Y.. Starwood Hotels & Resorts Worldwide, Inc. and its Starwood Preferred Guest program is introducing a new online blog called TheLobby.com. To help keep Starwood Preferred Guests on top of the latest travel trends, Starwood and ElectricArtists have assembled a team of travel writers to contribute to this site. Every weekday this site will be covering the latest and greatest in worldwide travel.

Cendant continues growing with Baymont Inn
14.4.2006

Parsippany, N.J. Cendant Hotel Group has completed the previously announced acquisition of the Baymont Inn & Suites brand and system of 115 franchised properties. The acquisition from affiliates of The Blackstone Group, a private investment firm based in New York, includes worldwide rights to the Baymont Inn & Suites brand but no real estate.

Consortia Visavis - New patient hotel provider
14.4.2006

 

Frankfurt/M. Three partners in catering, clinic design and hotel development have now merged operations to form a single patient hotel developer and operator company. German clinic operators can now choose between three serious competitors.

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