News & Stories
New York. The National Trust for Historic Preservation and Preferred Hotel Group, Inc., have announced a long-term agreement to grow and enhance the Historic Hotels of America brand of the National Trust for Historic Preservation.
Paris. During a two-day event for institutional investors and financial analysts Accor S.A. presented the new business model for its hotels division. It should make Accor's hotels business more profitable, less cyclical and well appreciated by its clients.
Beverly Hills/New York. Hilton Hotels Corporation and The Blackstone Group announced the completion of the previously announced merger of Hilton with an affiliate of The Blackstone Group's real estate and corporate private equity funds.
Windsor. InterContinental Hotels Group announced a worldwide relaunch of the Holiday Inn brand family, comprising Holiday Inn, Express by Holiday Inn and Holiday Inn Express. The programme includes a new brand signage, refurbished rooms and reception areas and the improvement of service.
Madrid. In future, all 5 star resorts of the Spanish hotel chain NH will carry the name "edeNH". The names of eight hotels to be collected under this brand have now been announced. NH intends to make further details known in November.
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.