News & Stories
Munich. Some have strict criteria for the selection of both location and of contract, whereas others are willing to take on anything that comes their way. The expansion strategies employed by the large chains are very different. A discussion round at the commercial property trade fair Expo Real in Munich last week introduced a few of the less well known facets the chains' decision-making. Hilton, Rezidor, Steigenberger, Choice, Motel One and the Jordanian Amber Hotels were all present.
Duesseldorf. Innside Premium Hotels, currently present on the German market with nine hotels, were sold last Friday. This was announced at Expo Real.
Barcelona. As Spanish chains start to penetrate more and more markets, hospitalityInside.com will portrait the most ambitious chains and fascinating business concepts. Hotusa Hotels is Continental Europe's leading hotel consortium and sixth-ranked in the world, combines a voluntary affiliation network with owned and managed hotels - all under the same roof. Hotusa was founded in 1977 by a group of Barcelona hoteliers, who joined forces to create an organization offering business and marketing services for independent hotel properties. Hotusa Group's president, Amancio Lopez Seijas, owns a majority stake in the company. Currently, Hotusa Hotels boasts over 2,000 affiliated hotels offering more than 170,000 rooms across 40 different countries.
Victoria/Toronto. British Columbia Investment Management Corporation acquired Delta Hotels Limited from Fairmont Hotels & Resorts Inc.. It's the first sale of a brand after the ownership changed with Fairmont.
New York. An ecotourism survey conducted confirmed what many are already aware of - travelers are willing to shell out more cash to stay in an environmentally friendly hotel.
Amersfoort. Golden Tulip Hospitality announces the intention of directly purchasing hotel assets in the UK, now that its master franchisee has been sold to Whitbread plc. The group will make available for UK acquisitions an initial sum of 50 million GBP in pursuit of acquisitions.
Aachen/Berlin. Following the lead of tour operators and public portals such as holidaycheck, now it's the travel agencies' turn to rate hotels. The German Hotel Association sees the whole idea more as a chance than as a problem.
Mumbai. EIH Ltd., mother company of The Oberoi Hotels & Resorts, will terminate its strategic alliance for marketing and co-branding with Hilton International Co for the Trident Hilton brand in India.