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News & Stories

NewGen Hotels AG: squeeze out contested
14.3.2008

Aachen. The extraordinary general meeting of the NewGen Hotels AG, Moenchengladbach, decided on the transferral of the minority shareholders' shares to the main shareholder, Accor S.A., last Monday and Tuesday. The decision was taken by 98.45 percent of the votes cast. Despite that, there are actions for annulment running.

Marriott: more middle class
14.3.2008

Bethesda. Africa, China, India, and Thailand are in the focus of the expansion plans of Marriott International. Eastern Europe is developing marvellously. New brands, such as "Edition" and "Nickelodeon" are aiming at new target groups. In 2007, the company generated a total of 13 billion euros. The number of hotels increased to the notable sum of 3,000, as the chain reported at its annual ITB press conference.

Ringhotels formulate their "Vision 2020" - new segmentation
Braving the chains with quality
7.3.2008

 

Munich. One year after taking up her post as Managing Board Member of the Ringhotels cooperative, Susanne Weiss explained the "Vision 2020" for her group at the ITB. The aim is to reach a more clear distinction of the more than 130 hotels in the upper 3 and 4-star segment as well as strategically improving quality. In a time where individuality and authenticity are required, she sees big chances for medium-sized companies, even compared to chain hotels that are increasingly moving towards Ringhotels locations. Susanne Weiss worked at Rezidor and Accor prior to this.

ITB 2008: Chains keep expanding, but there are two new marginal issues
Environmental protection and human resources
7.3.2008

Berlin. No other trade fair proves it better than the ITB: the world has become smaller and hotel companies are moving closer together all over the world. The west reaches for the east, Asia reaches for Europe, the north is looking for synergies in the south and vice versa. Read the plans of some important chains from a flood of information that washes over ITB visitors every year.

Number of smokers smaller than estimated
29.2.2008

Allensbach. The smoking ban in restaurants and public houses in Germany has been implemented with varying degrees of severity in different states with Bavaria imposing the strictest restrictions. A recent survey shows that only 35 percent of Germans are in favour of the Bavarian solution. On the other hand, only 14 percent of the population are in favour of a general freedom to smoke.

Another new Arabic chain is born: Samaya Hotels and Resorts
Calculating the competition
29.2.2008

Dubai. Dubai has been on a roll lately with hotel chains sprouting about like there's no tomorrow. The latest new born hotel venture is Samaya Hotels and Resorts. The chain is owned and run by Ghassan Jaber, who has been in the Middle East hotel business for the past three decades. For the CEO, setting up Samaya, an Arabic word which means `my horizon', has been a dream come true. The group is categorised in different standards in the 5 and 4 star segment, including resorts and residences. Expecting an increasing competition in the market, the group is already planning for 5 star properties at a 4 star rate.

Fattal Hotel Group wants 80 hotels in Europe by 2011
Germany`s not enough
29.2.2008

Berlin. Since 2006, the Israel based Fattal Group has been rapidly expanding its portfolio of hotels in Germany and Switzerland. Now, other countries are to follow. At the very forefront of the initiative is the desire to promote the brands Leonardo Hotels and Leonardo Royal. Europe Manager Daniel Roger, Managing Director of the Fattal Hotel subsidiary Sunflower Management Ltd., based in Berlin, explains the company background and gives answers to important strategic questions.

Trivago: A platform for hoteliers to defend themselves
22.2.2008

Duesseldorf. The principles against manipulation and unjust criteria on hotel evaluation platforms demanded by the HOTREC umbrella association slowly seem to be bearing the first fruits. Accordingly, the European Trivago travel portal has recently been offering a new service free of charge addressing hotel operators.

The Dolder Grand introduces itself - 1.5 million Euro per room invested
Zurich's luxury hotel is growing wings
15.2.2008

Zurich. In future, the Dolder Grand Hotel in Zurich will no longer have a dress code and the hotel legend is also taking a new broom to sweep out all dust. Today, two wave-like modern wings à la Norman Foster embrace the castle-like hotel, which is trying to market itself as a City Resort under the more stylish name "The Dolder Grand" in future. The owner, one of the richest Swiss, closed the hotel for four years and invested 440 million Swiss francs for the 173 rooms. This is a total sum of 2.5 million Swiss francs per room. In eleven months time, an additional Convention Center will be built for 60 million Swiss francs. Two days ago, Director Thomas Schmid introduced one of the most expensive hotels in Europe to the media in Munich.

2007 a successful year for Best Western Germany
Price offensive to bring prices up
15.2.2008

Eschborn. Best Western Hotels Germany continued to increase turnover, occupancy and average room rates in 2007. Meanwhile, almost half of all reservations are made through the internet. The proportion of holiday guests has reached one third, and the same is true for guests from abroad. With its own operating company, B.W has recently also leased other hotels.

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