
News & Stories
Chicago. In a new twist on high end hotel cocooning, Park Hyatt guests may now purchase limited edition art from an exclusive collection called "Fine Art By Hyatt".

Lindenberg's 'Atlanticanerinnen'
The new exclusive art collection for the guests of Hyatt hotels has determined today's main issue. According to two young men from Hamburg, for many hotels, art is nothing but mere deco. They both work as art consultants for hotels. And with their expertise they would very much like to contribute to the individual "handwriting" of many hotels. They talk about art as a marketing instrument, investment and insurance object.
The rock musician Udo Lindenberg lives in the Kempinski Atlantic Hotel Hamburg and with him the hotel's art: At the bar we find his "liquor paintings". Finally, several hotel groups tell us how they deal with art and one of the big art insurance companies in the world explains the insurability of art in a hotel. Art in focus - a series of four articles.
With a click, here you will find the interview with the two young art consultants.
Johannesburg. The hotel chain Southern Sun, as operator of more than 80 hotels in South and East Africa, as well as in the Indian Ocean the market leader in this region, is reorganising its hotels in newly created categories. In addition, it has bought the brand name "Garden Court" from its franchise partner InterContinental.
London. Three managers from the hospitality industry want to muscle in on the international budget market with a futuristic hotel concept. The brand is called "Yotel" and it is intended to open a prototype in London at the beginning of 2006. But the managers of the capsule hotel aren't giving much away.
Las Vegas. MGM Mirage has completed its 7.9 billion US$ acquisition of Mandalay Resort Group. The combination creates the world's leading gaming, entertainment and leisure company.
Lindau. Representatives of the German hotel industry have taken legal action against the bureaucracy of the German federal states: A civil action against the German television and radio licensing authority, GEZ, has been brought on grounds of massive and arbitrary price increases in television and radio licence fees for hotels.
Kitzbuehel. The 150-room five-star hotel which will be operated as A-rosa resort near the golf court "Schloss Kaps" in the famous winter skiing area of Kitzbuehel, Austria, will be built by the closed hotel investment fund Dr. Ebertz + Partner OHG of Cologne. "We will be quite happy, if we finish this project at par," explained Herbert Ebertz.
Kitzbuehel. There has certainly been no lack of spruce palace hotels with red-white shutters in the famous skiing area of Austrian Kitzbuehel so far. But on its honourable way to becoming a A-rosa resort, Kaps castle is going to receive more than just an annexe: 100 rooms plus 50 suites. The German hotel brand raises everybody's expectations.
Munich. Sir Rocco Forte strongly believes in Germany's economic power. His speech to the guests of the foundation stone laying ceremony last Friday encouraged the Germans.
Chicago/Frankfurt. The Independent Corporation will perform business under the name Preferred Hotel Group in future. Further news of the American company that has been led by President and CEO John Ueberroth for about a year now: The three current portfolios Preferred Hotels & Resorts, Summit Hotels & Resorts and Sterling Hotels present themselves with a new logo and will be expanded with the brand "Boutique" on June 1. The sales section has been restructured and expanded.