
News & Stories
Wiesbaden. By late October 2007, the French B&B Hotels hotel chain will sell 159 of its 175 hotels in France for a total amount of 471 million euros to the investment company ANF. In addition, ANF will invest another 58 million euros in the hotel chain over the next three years.
Munich. By 2010, Accor wants to have 200 Mercure hotels in Germany. There are 140 at present. Eric de Neef, General Director of Mercure Germany wants to achieve a growth of 25 hotels per year mainly by taking over independent hoteliers as franchisees.
Wiesbaden/Bad Arolsen. Competition in the budget sector is hotting up. Now, the French B&B hotels are renovating five of their hotels in Germany starting with their oldest property in Ingolstadt. By 2007, the hotel chain will have renovated properties in Hanover, Cologne, Freiburg and Berlin. New addition to the German budget market is also the Hospitality Alliance plc; the company is contemplating 20 properties in its first push.
Munich. André Witschi and Accor are to go separate ways. As hospitalityInside.com from learned reliable sources, both parties are to agree on the termination of contract. As Management Chairman of Accor Hotellerie Germany Ltd, Munich, and as Board Speaker of NewGen plc Moenchengladbach, Witschi loses ongoing contracts. The position as Board Speaker for NewGen plc was awarded to him only six months ago.