News & Stories
Bethesda. Marriott International announced it will introduce one set of unified benefits across Marriott Rewards, The Ritz-Carlton Rewards and Starwood Preferred Guest for its members in August 2018. With this rich hospitality loyalty program members will earn more points faster than under the prior programs. F&B services and Marriott Moments are included.
Tel Aviv/Amsterdam/Paris. Acquisitions continue to be in high demand: the Israel-based holding Fattal is obiously about to close a deal with the Dutch group European Hotel Management, which operates 13 properties in the Netherlands under the Apollo Hotels brand. Last week, French AccorHotels acquired another new service company, a British table reservation system.
Vienna. Heritage Hotels of Europe presented themselves this week in Vienna as new umbrella association. They officially combine associations from three countries whose members stretch over various European countries. The new formation arises as Historic Hotels of Europe disintegrates.
Rockville/Barcelona. Choice Hotels is strengthening its international expansion with a new strategical partnership. The Spanish operator company Sercotel Hotels has provided the US chain with growth in Spain, as well as in numerous European and Latin-American markets.
Amsterdam. What do Arne Sorenson, Marriott's CEO and Chris Nassetta, Hilton's CEO think about development, loyalty, booking trends, technology, China and the impact of Trump's policies on US tourism? While presenting their Q4 2017 results to analysts, the two CEOs discussed details about their strategies. Having access to the transcripts of calls, hospitalityInside.com took the opportunity to compare both groups' explanations on similar topics.
Berlin. Futuristic means of transport as pilotless flying drone taxis, virtual travel, personalized hotel rooms, trips to other planets or into underwater worlds: Many developments will revolutionize the future travel. Potential guests seem open-minded.
Munich/Berlin. With retroactive effect as per January 1, 2018, the Munich-based Hirmer Gruppe group of companies took over the operating company of Travel Charme Hotels & Resorts in Berlin. The documents were signed at the beginning of this week. Travel Charme currently operates eleven 4- and 5-star resorts in most beautiful locations in Germany and Austria. Three projects are currently underway, among them the company's first hotel in Italy. The Hirmer clothing store specialised in men's fashion located at Munich's Kaufinger Strasse strip mall forms the core of Hirmer Gruppe. The company became more widely known abroad in 2014: Hirmer is the owner of Hotel Campo Bahia in Brazil, where the World Cup-winning German football team was based. Hotel investments are nothing alien to Hirmer, but now the company is about to embark on a new chapter: hotel operation. The medium-sized German company is new in the industry, but it managed to assert itself against international hotel chains.
Bonn/Stuttgart. Two surveys in the German-speaking market show that managers in the hotel industry aren't the only ones with difficulties when it comes to digitalisation. Expectations in companies are high, yet new business or yield models on the back of digitalisation are still rare.
London/Taipei. IHG CEO Keith Barr announced a deal with "an ultra-luxury" brand at IHIF Berlin 10 days ago. It's Regent Hotels and Resorts, a forgotten luxury brand, still alive with six hotels and three projects under development today. InterContinental Hotels Group pays 39 million USD in cash.
Paris. Over the years, luxury goods brands have attempted to expand into the hotel industry with varying degrees of success. Versace never made its name become a hotel brand, as well as Marriott & Bulgari haven't managed to form a group of critical size. Rezidor tried it twice, only Italian Ferragamo family succeeded to develop a small group of "fashion" hotels. Now LVMH has started a development push by showing presence at the IHIF Berlin last week.