Dear Insiders,
Despite all political uncertainties, UBM will continue to invest in the emerging Polish economy. In Gdansk last week, the project development and investment company based in Vienna presented its newest Holiday Inn project for Granary Island, Gdansk, at the very centre of the picturesque old town. It also presented UBMhotels, the new management company. In future, this company will take operations in hand and will even keep a lookout for "third-party" hotels. COO Martin Loecker and colleagues explain.
This was good mental preparation for my imminent trip to Warsaw for the "Spotlight Hotel Investment Poland" conference on Monday, where details will certainly be provided on CEE trends. We report.
Portugal is also coming back into investors' focus. Macy Marvel has summarised the current hotel market, including both national and international players. The figures are on the up, especially in Lisbon.
China's response to Airbnb is Tujia, a holiday home intermediary with state support and with money from some of Asia's wealthiest real estate companies, including the heavyweight Capitaland. Airbnb has already made its move into China, but it quickly ran into challenges there. Sarah Douag thinks Tujia is a sort of virtual Chinese wall.
Will the start of the European Football Championships in Paris today be the kick-off for disaster? It certainly looks like it with strikes, floods, terror risks and frustrated Frenchmen. Even the big French hotel company, Accor, sees itself challenged by China's largest chain, Jin Jiang. It wants more influence on shareholders; now even the French government is getting involved.
Chain giant Wyndham has meanwhile launched the revitalisation of its 16 brands - because the customer wants something else. And the young German resort group a-ja has announced its first a-ja City Resort - and of all cities it has chosen Zurich, and a high-rise at that! There it hopes to provide its guests with that holiday feeling and with entertainment. And all of this will be on offer at a bargain price.
And in two weeks it will all be about prices and costs. On 22 June, we will hold the "Green Hotels" day seminar together with our partner hotelbau. Don't miss the practical information. Last minute registration is still possible. More information is provided on our page 1! – Das vollständige Editorial…
