News & Stories

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Merger TUI-First Choice: Hotels remain in Hanover

23.3.2007

Hanover/London. TUI and British First Choice are set to merge. TUI will assume all tourist activities - with the exception of certain hotel investments - to form a new company. The firm with the name TUI Travel plc will be based in Great Britain where it will apply to be listed on the stock market.

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Oases of peace for stress-out cities

Focus India: After the palaces, now come the boutique hotels

23.3.2007

Delhi. A spectacular dance show marked the opening, a highly professional press conference with breathtaking figures followed - India's presentation as guest country to Berlin's ITB was a success. In 2006, 4.4 million people travelled to India and 7.2 million Indians took their holidays away from their native country. Within India itself, 420 million people were on the move. 100,000 rooms are needed in the budget sector alone. Who puts his money here pays no taxes. But in other areas too all signs are pointing toward growth: 20,000 foreign nationals were treated in Indian hospitals last year. There a heart operation costs 7,000 USD, in the USA the same operation would set the patient back 30,000 USD. Tourism Secretary Amitabh Kant also has his sights on companies: "Bring your staff for their health check-ups to India. In India you pay 60 percent less and you get a two week holiday to match." As India was partner land to this year's ITB, hospitalityInside has dedicated several articles to looking at the South Asian country, starting today with: The new trend towards the boutique hotels - a look at the market and a typical example.

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Successful cottage concept

Focus India: Where India's best coffee grows

23.3.2007

Karnataka/India.

With Orange County Resorts in the little discovered region of Coorg in the southern Indian state of Karnataka, the Ramapuram family have successfully entered the hotel business. A new luxury resort in one of India's best wildlife observation parks stands shortly before opening.

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Business travel as obligation

23.3.2007

Frankfurt/M. Business travellers really don't have an easy life. In particular the Germans see business travel as an irritating separation from family and friends. 70 percent indicate this to be the biggest disadvantage to the business trip. Others, on the other hand, welcome the trip as an opportunity to get to know foreign cultures. At the same time, environmental concerns are gaining in significance. The expectations of a hotel stay are high.

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The reflationary and the relieving

ITB 2007: Hotel Industry News

16.3.2007

Berlin The mood at the ITB 2007 was more positive than it had been for a long time. Almost 11,000 companies from 184 countries exhibited their products, and for the first time the fair counted more than 100,000 visitors. Over 9,000 of those attended presentations at one or more of the 20 conferences of the "ITB Congress Market Trends & Innovations". It was as part of this that the "ITB Hospitality Day" took place: With 1,017 participants, it was one of the top three conferences held at the ITB. From the wealth of ITB information surrounding the congress activities, here a selection of some of the news from the hotel industry.

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Eastern Europe catches up

ITB 2007: Destination News

16.3.2007

Berlin. Every year, the world's largest tourism fair produces out a huge amount of destination news. hospitalityInside.com summarizes news from countries which are of influence in the European market.

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Well-known subjects reissued

10. Hotel Investment Forum in Berlin (IHIF) with 1,500 participants

16.3.2007

Berlin. India is becoming a more important market than China, the USA will suffer economically, Europe will recover. Private equity is developing into a financial promoter and the service industry has to remember its "human capital" more than ever. These are some of the quintessences of opening panels of the International Hotel Investment Forum, which attracted a record number of 1,500 participants to its 10th anniversary. The overall motto was "Where are we going from here?"

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Squeaky clean room for 19 euros

Focus India: A country is discovering budget hotels - Rates too low

9.3.2007

Delhi. India's hotel industry is booming, as the hotel market overview of last issue demonstrated. However, signs for expansion are not only observed in the top segments. It is still unclear though whether the planned budget hotels will be able to maintain their drastically increased property rates in the long term. Now, the government has decided to support the enormous demand: It is approaching families and encouraging them to convert their houses into B&B.

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The superlatives are tarnished

Focus India: Leela Palaces & Resorts expanding self-confidently but:

2.3.2007

Mumbai. The Indian hotel group Leela Palaces & Resorts is expanding its present hotel volume of four to nine hotels in India by 2009. It also plans to expand outside of India. However, management agreements have priority. Peter Leitgeb is very optimistic concerning the future. "In Chennai, we will tread all over them," says the German president of the Indian hotel group convincingly. Nevertheless, internal problems such as high fluctuation and slightly decreasing occupancy rates are a worry to him.

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Miserable infrastructure, enormous potential

Focus India: Perfect year for hotel industry - billions are being invested

2.3.2007

Delhi. This year, India is the partner country of the ITB, the world's biggest tourism fair, which starts next Wednesday in Berlin. For a good reason: The year 2006 could not have been better for the Indian hotel industry. The room rates have increased further, the occupancy remains high, although some people are not willing to pay the high rates any longer. In addition, investments of 4.53 billion USD dollars are expected to close the wide gap between supply and demand. - A research in the country, complemented by a new HVS market study about India and a survey about increasing salaries in Asia-Pacific.

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