Topic Strategy

News & Stories

Interview with OYO CEO Ritesh Agarwal on the rise of the Indian disruptor
"There is no stopping for us"
11.4.2019

Gurgaon. Forget about Airbnb, the new disruptor in the hospitality industry is now called OYO. Its young entrepreneur believes that the vast majority of independent properties around the globe don't deserve to be treated as poorly as they are, in comparison to branded ones. To solve the issue, OYO proposes a full-scale model through leasing, franchising or managing entire buildings using technology. The company vows to answer the need of customers who expect better quality at lower prices when traveling. Raising over 1 billion dollars in funding, the Indian unicorn is rapidly spreading. OYO is clearly a disruptor to legacy master franchisors such as Choice Hotels and others, yet they don't seem to care much about the newcomer… for now.

Design Hotels withdraws from the stock market
11.4.2019

Berlin. Design Hotels AG will probably be delisted by the end of the year. The board of the consortium under the Marriott umbrella has approved the corresponding application. It has nothing to do with the costs, said CEO Peter Cole on request.

Sales momentum for Great Hotels of the World
4.4.2019

New York/Lisbon. Under its new parent company, the technology company GuestCentric, the consortium for MICE hotels, Great Hotels of the World, has embarked on a growth course. The focus is on Europe, but the company has also been reaching out to destinations such as Asia and the USA.

RIMC restructures itself internally
4.4.2019

Hamburg. The white label operator RIMC Hotels & Resorts in Hamburg has undergone a number of changes in its corporate structure and personnel. The goal remains to expand the group in Europe from currently 35 hotels to 70 hotels.

prizeotel terminates licence agreement with Radisson
4.4.2019

Hamburg. At the IHIF in Berlin as well as at the MIPIM in Cannes, hospitalityInside.com noted the absence of the prizeotel logo from the brands pictured on the Radisson Hospitality stand. And there was indeed as reason for this.

H-Hotels boosts power with broad brand spectrum and brand duos
The multi-brand-mix company
4.4.2019

Bad Arolsen. It's rare that a hotel group achieves such scope within such a short space of time. Since 2014, the German H-Hotels Group has founded six of its own brands and has split from its former brands Treff Hotels and Ramada. With Hyperion, H4 Hotels, H2 Hotels, H+ Hotels, H.omes and H.ostels it has established itself between hostel and first-class. A double-brand hotel marked the beginning of today's success. Its expansion is opportunistic, and the group provides almost all services itself. The special passion of CEO Alexander Fitz and CCO Andreas von Reitzenstein is digitisation. They have established their own lab in a small hotel.

Book and ranking analyse German system gastronomy
21.3.2019

Berlin/Munich. The out-of-home market is booming – and with it system catering. Almost one in three euros is now sold in a brand catering business. The German Hotel and Restaurant Association Dehoga has therefore published its current yearbook for this segment; at the same time Treugast has published its 3rd Gastronomy Ranking Germany 2018.

About the deflating hotel world of the US President
Trump Hotels on deflagging tour
20.3.2019

Washington DC. "Trump first"? This doesn't seem to be the case – at least when it comes to the hotel activities of the Trump Organization. This name unites 500 Trump businesses, which are headed by his sons. Donald Trump, acting President of the United States, also likes to use his own hotels, especially the ones with golf courses. Despite all show concerning hotels, the following is the case: The number of Trump hotels is decreasing systematically as the owners remove the name and no longer extend agreements. They want to avert damage from their properties, or they complain about poor hotel performance. Only the business in the Trump Hotel Washington is thriving. The Trump Organization has put its hotel expansion on hold at the moment. Macy Marvel provides details with spicy background information.

A3 Tourism Pearls: New business model for businesses without successor
Better shareholder than hotelier
20.3.2019

St. Christoph/Arlberg. Together with two German entrepreneurs and inspired by his own Arlberg Hospiz Hotel, the renowned Austrian luxury hotelier Florian Werner recently founded A3 Tourism Pearls AG in Vienna to rescue family-run hotels with no internal succession arrangement in place. The business model: Private hoteliers without successors exchange shares in their hotel for shares in Tourism Pearls. The project is still very much in the starting blocks. Florian Werner himself is the 31st Hospiz hotelier and knows where the challenges of the next generation lay.

Final step into the hotel market: Airbnb acquires HotelTonight
14.3.2019

San Francisco. Airbnb acquires HotelTonight, the last-minute deal hotel booking app for over 400 million dollars. The home-sharing platform is preparing for an IPO and this acquisition will help boost its presence in the boutique hotel segment.

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