News & Stories

Frankfurt/M. There are still numerous rumours afloat about Thomas Cook potentially selling its Aldiana Clubs. The American financial investor Advent International is considered to be seriously interested. The Spanish group Parques Reunidos, with which it would probably be possible to generate synergy effects, also belongs to it.

The Steigenberger family has realised that cost reduction alone does not make a successful company. A commentary by Susanne Stauss on Steigenberger's new strategy.

London. InterContinental Hotels will grow its resort portfolio but still looks at the business hotels as their flagships. Jennifer Fox, Senior Vice President InterContinental Hotels & Resorts, answers questions about a company that isn't still sure about its own future structure. 

Leatherhead. Germany has only two members in the Small Luxury Hotels of the World. But this is not the only thing a few former Hilton marketing professionals want to change. They wish to increase the service – from people to people and by means of electronics. A directory that comes in credit card format is getting high attention.

Munich. At the ITB, Germany's biggest hotel cooperative, the Ringhotels, introduced its new customer bonding programme catching up with the big hotel chains.

Parsippany/N.J.. The US market no longer offers significant opportunities for expansion, thus the Cendant Hotel Group focusses clearly on Europe and Asia in future. The takeover of Ramada International last December was only the beginning. “We are a company with many resources regarding investors and customers,” said Reas M. Kondraschow, Senior Vice President and Managing Director of Cendant Hotel Group International, in Berlin, looking at Cendant’s wide portfolio of travel services.