News & Stories

Berlin. The success story of Holiday Inn and Holiday Inn Express seems secured thanks to their open lobby and a new F&B concept, but now InterContinental Hotels Group is pushing with its Kimpton lifestyle boutique brand in Continental Europe. The current state.

Berlin. This time the deal adds to the resort segment: Last Monday, AccorHotels and Istanbul-based Rixos Hotels announced a strategic partnership expanding the French group's presence in the upper upscale/luxury market – also confirming hospitalityInside's report from February 17th. In Berlin, the two CEOs explained details in a media briefing.

Berlin. Secret Escapes would like to prove it: selling luxury travel via an online shopping club is no niche market. The number of its members in Germany is over five million now. Worldwide, over 30 million people shop for discounted luxury travel deals.

Frankfurt. Ten years in Germany, the tenth hotel in its opening phase... The management of Adina Apartment Hotels is content with this result. At the same time, the subsidiary of the Australian TFE Hotels group presents the largest pipeline since entering the market. Two weeks ago, Adina Apartment Hotels were opened in Frankfurt Europaviertel and in Nuremberg on two successive evenings. Both properties show the new and open lobby concept for the first time. This is the right moment for a conversation with Georgios Ganitis, Regional Manager Europe.

Hamilton, Palma de Mallorca. Belmond looks back on an important financial year 2016 in terms of strategy and an EBITDA increase of seven percent. Meliá announces an EBITDA increase of 14 percent and an important decrease of the debt level as well as a big progress in the control of its net interest expense.

Vienna. As of yesterday, Vienna International Hotelmanagement AG – operating under the name Vienna House for the last year – has a new official owner: U City, a listed Thai real estate investment company whose parent company, BTSG, is a large conglomerate. Vienna House Capital, the Austrian subsidiary of the Thai U City PCL, will presumably transfer title to the entire share package by summer 2017.

Brussels. The Board of Rezidor unanimously recommends the shareholders of Rezidor not to accept the HNA offer. One of the reasons mentioned is the low price.

Paris. Nicolas Sarkozy joins AccorHotels' Board of Directors. The former French President will chair the International Strategy Committee. CEO Sébastien Bazin and Sarkozy know each other well. At the same time, Colony Capital sold its remaining shares to AccorHotels.

Montreal. Beating on the finish line Expedia / AccorHotels, Airbnb won the bidding process to take over the Canadian website Luxury Retreats.

London. Brexit is really happening. The UK government won a parliamentary vote to proceed with its plan to leave the European Union and uncertainty is turning into fear. More than ever, hospitality professionals are now worrying about their staff, their retailers' contracts, customer behavior, eventual new taxes, and fees which could all make their destination less competitive and impact their revenue. We also asked Frank Marrenbach, CEO of the Germany-based Oetker Collection which operates the Lanesborough Hotel in London.