Joburg Tourism is at it again. In an effort to promote tourism investment opportunities in the city, MMC Ruby Mathang is leading a delegation to Berlin where the City of Gold will be participating in the 16th International Hotel Investment Forum. “As the city’s leadership, we recognise that tourism is a significant economic growth imperative and an important catalyst for building a vibrant city.
Delegates in Berlin have been welcomed to the second day of the International Hotel Investment Forum at the InterContinental Hotel. Patron Sponsor CBRE Hotels has this year been joined by 67 additional sponsors from across the accommodation sector.
Marriott has debuted Moxy Hotels, its first entry into the economy tier, three-star hospitality segment in Europe, at the International Hotel Investment Forum in Berlin. Designed to capture the rapidly emerging millennial traveller, the new brand combines contemporary stylish design, approachable service and, most importantly, an affordable price.
yoo Hotels has unveiled two intricately crafted design-led hotel brands for travellers who seek handcrafted luxury: yoo 2 and yoo Collection. yoo, the global design company founded by international property entrepreneur John Hitchcox and renowned designer Philippe Starck, brings a complete hotel offering to the market.
Delegates have begun arriving at the International Hotel Investment Forum, this year hosted by the InterContinental Hotel Berlin. Returning for its 16th year, leading delegates from the hospitality sector were welcomed to the event by Kerry Gumas, chief executive, Questex Media Group, and Jonathan Worsley, chairman, Bench Events.
Some 800 high-profile guests from the world of showbiz, society, business and media have attended the exclusive grand opening of Waldorf Astoria Berlin. Famous German performers including Elisa Schmidt, Claudia Lahmann & Orchestra, Malvin Louis & Band and DJ Chan entertained guests at the glamourous event which also featured breathtaking performances by aerial dancers who illuminated the new landmark hotel.
Choice Hotels International has announced a strategic relationship with Akkeron Hotels Group, a well-known regional hotel operator in the United Kingdom. The deal will initially result in nine Akkeron hotels operating under Choice Hotels franchise agreements in the UK, representing an almost 25 per cent increase in the Choice Hotels UK hotel portfolio and an additional 611 rooms.
Worldhotels, a leading global group for independent upscale hotels, is growing its branded soft franchise solution as the ideal alternative to traditional franchising. The offer is extremely competitive, as costs to owners are based purely on brand performance in total net room revenue delivery.
Meliá Hotels International will continue to strengthen its international expansion and business model in 2013 and make progress in its adaptation to changing market conditions. “Thanks to a consistent international growth plan, supported by strong brands and a model based on management contracts and variable leases, we added a hotel every three weeks in 2012, with 80 per cent of the rooms outside Spain,” said Gabriel Escarrer, chief executive of MHI.
Four pre-eminent consultants to the hotel industry in Africa have joined forces to launch Hotel Partners Africa, a new consultancy offering a comprehensive range of services to hotel owners, operators and investors, from initial feasibility to sale and exit.
More than one in ten hospitality and leisure operators now generate up to half of all sales through social media according to new research from Barclays, but despite this the industry still questions its business potential. Over 60 per cent of the sector, which includes hotels, pubs, restaurants, travel and leisure operators, say that they only see “some” or “limited” opportunity in using social media tools to engage consumers.
The UK hotels and leisure sector has become the third-largest lending market for NatWest and RBS under the Funding for Lending Scheme, with the bank offering cost-effective FLS loans of over £200m to the sector to date. NatWest and RBS is forecasting continued, strong demand for lending from this key client base in 2013 as the sector invests for growth.