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Global Hyatt to acquire Summerfield Suites
9.12.2005
Chicago. Global Hyatt Corporation has entered into a definitive agreement to acquire the upscale extended stay brand and franchise system of 21 Summerfield Suites branded hotels and acquire 6 owned Summerfield Suites hotels from partnerships between affiliates of The Blackstone Group, the Gencom Group and Lehman Brothers. The contract closing is scheduled for early January 2006.
NH Hoteles Germany: Positive figures continue
Turn of the tide for the Buehlerhoehe, too? 
2.12.2005

 

 

Nuremberg. With the opening of the NH Nuremberg-City this week, the Spanish hotel group now has 53 hotels. At the moment, only one further hotel is planned in Germany. However, despite all the disputes, NH Hoteles clings to the agreement with the NH flagship, the Schlosshotel Buehlerhoehe near Baden-Baden. Economically, the German hotels continue to be on course for success.

Spanische NH Hoteles bauen Resort-Schiene und Top-Luxus-Marke auf
Avant-garde and all inclusive
2.12.2005









Madrid/Nuremberg. The Spanish NH Hoteles, Europe's third largest business hotel chain is beginning a whole new chapter in its development. In future, it will be developing resorts consistently. Apart from this, it will develop a new "luxury fashion brand": the first project opens in Milan as early as next year. In the course of the opening of the NH Hotel Nuremberg last Tuesday, the management revealed lots of news and numerous details.

Starwood: Méridien integration costs over 80 million Dollar
2.12.2005

White Plains. Starwood Hotels & Resorts Worldwide has acquired the Le Méridien brand and the related management and franchise business for the portfolio of 130 hotels and resorts globally for approximately 225 million USD, roughly equal to the amount of Starwood's current investment, including accrued interest, in the debt of Le Méridien.

Ibis' cunning 1 Euro campaign
25.11.2005

Munich. German Ibis Hotels are giving away 10,000 rooms for just one Euro as a little "thank you" to their guests. This "Christmas present" will be available to book online as from this coming Sunday.

The Leading Hotels of the World are massively loosing members
The next chains are leaving
18.11.2005

 

Frankfurt/M. The Leading Hotels of the World are massively loosing members. At the turn of the year, the next chains will leave, led by the highly respected Asian Peninsula Hotels. With this, the circle will become again what it once was: an association of private hotels looking for exclusive marketing.

Missoni Hotels - the new Rezidor brand as a complement to Regent
Lifestyle and wellbeing `made in Italy'
18.11.2005

Brussels. Rezidor's attention is currently focussed on creating a distinctive image of its hotels. How can a guest distinguish one hotel from the portfolio of the Rezidor group from another? By brands. There are currently four: Regent, Radisson SAS, Park Inn and Country Inn. In future there will be five as the group has now announced: With "Missoni Hotels" CEO Kurt Ritter hopes to create a lifestyle brand which he originally announced with Cerruti two years ago.

How Rezidor SAS Hospitality grows dynamically into black figures
Expansion while spreading the risk
18.11.2005

Brussels. Cerruti is dead, long live Missoni. Two days ago, Rezidor SAS Hospitality coined a new lifestyle und wellbeing brand called "Missoni Hotels". This way, it brings to an end its unhappy chapter around the originally planned Cerruti hotels – while continuing to expand rapidly. Over the next five years up to 30 Missoni hotels are expected to open. Overall, the plan is to expand from the current 263 hotels to around 700 hotels worldwide. At the fringes of the opening of the Radisson SAS Media Harbour Hotel in Düsseldorf, Vice President and Chief Development Officer Martin Rinck described the focus and spreading of risk in this dynamic, but not undisputed expansion. 

Happy without suing?  Travel judgments in the web
18.11.2005

Munich. On the website of an online travel agency, the renowned travel law expert Ronald Schmid now comments on important laws and judgments concerning holidays. But Schmid's own homepage is also a goldmine for hoteliers. 

St. Regis New York "world's best hotel"
18.11.2005

New York. The Institutional Investor's 2005 survey of the "world's best hotels" is published. The St. Regis hotel in New York has been named the overall top-ranked hotel in, marking the first time that a New York hotel has claimed the honor in the survey's 25-year history.

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