News & Stories

Berlin/Brussels. The change in name from The Rezidor Group to The Radisson Hotel Group is more evolution than revolution, even if it was presented as a big change at the press conference during IHIF Berlin. Some journalists joked that the abbreviation RHG had been chosen deliberately in order to provoke confusion with IHG. After all, RHG intends to become the third largest hotel group in the world in the near future. And it's exactly this position that is occupied by IHG at the moment – with RHG far behind in 11th place. The new plan is therefore extraordinarily ambitious. Here the facts and figures in addition to what CEO Federico J. González said at the IHIF. Since the beginning of this week, only one question remained: Whether the Chinese conglomerate HNA – the main shareholder of RHG – can leave the hotel group to act as it has just planned...

Berlin. "It's almost a perfect deal and mix", AccorHotels CEO Sébastien Bazin said happily, referring to the divestment of 55% of AccorInvest. He made this statement a week after the transaction, whilst on a stop off at the IHIF in Berlin. There, relaxed and content, he told three German journalists how he intends to apply the EUR 4.4 billion which has recently flooded into his coffers and under which deals the powerful funds are allowed to move forward. The transaction has not turned AccorHotels into the world's fourth mega-OTA, but Bazin is convinced that the company is one of the "eight gorillas" moving the world in the future.

London. Every industry talks about the growing role of robots. But how will their influence on the hospitality industry be in the future? Who will run hotels in 25 years – humans or robots? A study shows the opinions of hoteliers concerning this topic.

Paris. AccorHotels reported record earnings for 2017 two days ago and posted significant RevPAR growth in almost all its markets. The group opened a record number of 301 hotels in 2017 and intends to triple that number in 2018 and beyond. Luxury brands and new businesses should bring more value this year. As for its plan to sell stakes of its property business AccorInvest, CEO Sébastien Bazin didn't share much, except that French and international buyers are interested and it's only a matter of weeks before a deal is closed. He continues to fight for his vision. Sarah Douag listened carefully.

Berlin/Augsburg. The German project developer GS Star based in Augsburg sought a capital partner with whose support it would in future like to expand, both in real estate business as well as in operations. Both bundle their strengths into the new Gorgeous Smiling Hotels Holding.

Frankfurt. B&B Hotels Germany will soon open its first hotels in XXL format. These will have up to 250 rooms. With this, the budget provider modifies the strategy it has pursued up to now, which meant primarily working with smaller hotels. At the same time, Managing Director Max Luscher, speaking in an interview with hospitalityInside.com, announces a plan to move into more prominent city locations. The competition is shaking things up. A new room and lobby design is also being finalised. With 102 hotels, B&B Hotels Germany is today already one of the largest hotel groups in Germany - "and the budget chain with the best profitability of all", he makes clear. Motel One, Moxy, ibis and others are for him no longer budget brands and therefore no longer part of the competition. The B&B language has become finer and the market analysis sharper.

Frankfurt. Under its new leadership, Rezidor has developed a 5-year operating plan comprising 25 initiatives that will improve the performance. The group will also define its brand structure anew but officially only confirms the name change to Radisson Hotel Group.

Berlin. The success of the German Meininger hotel and hostel group from Berlin made them known in the hotel scene and the sale of 2010 made them rich. In 2013, the hotel group completely went to the British Holidaybreak tourism group. Following a two-year non-compete phase, Nizar Rokbani, Sascha Gechter and Oskar Kan created something new: Schulz Hotels. Their first hotel boasting more than 350 rooms and roughly 1,000 beds will be opening in 2018. Whereas Meininger was a hybrid model, Schulz turns out a tribrid combining hostel, budget and longstay under one roof. These three are the fastest growing segments in the hotel industry at the moment. And big, bigger, biggest could make the Schulz inventors rich once again. Although money does not make you happy, as the three founders have realized in the meantime. A talk about the past and the future.

Bonn. Mergers are meanwhile also taking place on much smaller dimensions. The acquisition of two nestor hotels by the Ghotel Group based in Bonn is viewed by all involved as a win-win situation. With this, Ghotel pushes forward its expansion, whereas nestor founder Axel Mehn is able to rid himself of some weight.

Frankfurt. The luxury tourism segment anticipates strong growth in the next few years. Generation X is driving the boom. However, the cost-benefit ratio is more important than the rate. Luxury travellers are becoming increasingly discerning. A survey among nearly 500 travel agencies revealed further details.