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13 enero, 2012

Accor to open 50 hotels in Spain until 2015

Accor group plans to open 50 hotels in Spain in the next three years, Juan Carlos Delgado, Accor director general for Spain, has said to Preferente travel news magazine.   Accor currently has 78 hotels in Spain including their brands ibis, Novotel, Mercure and Pullman.... Seguir leyendo...

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9 enero, 2012

Hilton wants a hotel in Madrid

Hilton is on the search of a building in Madrid to host a hotel in the main street of the city, La Castellana Avenue, where all the major companies headquarters are located, and in the same street where it stands Real Madrid Stadium Santiago Bernabeú.   Hilton director... Seguir leyendo...

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17 octubre, 2011

HNA buys NH 20% with 23% discount

HNA Group, parent of China's Hainan Airlines, has changed the conditions of its purchase of a stake in Spain's NH Hoteles , cutting the share price of a capital increase to 5.35 euros per share from an original 7 euros per share, the Spanish hotel group said on Monday.   The... Seguir leyendo...

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11 octubre, 2011

Hotels Groups by market cap

RANKING OF HOTELS GROUPS LISTED BY CAPITALIZATION (MARKET CAP), MADE BY PREFERENTE   * Capitalization on September 23, 2011, in millions of euros ** Loss in value between January and September 23, in millions of euros   MARRIOTT               ... Seguir leyendo...


5 octubre, 2011

Iberostar to ask 6% price increases for next summer

Iberostar president Miguel Fluxá told this Tuesday that after a good summer season he will ask for 6 percent price increases for next high season hiring.   Fluxá argued that if any VAT reduction will be applied to tourism activity, he thinks that the discount it... Seguir leyendo...

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4 octubre, 2011

Tui to ask for discount if VAT cuts applied

Tui Travel CEO, Peter Long, said that if the touristic VAT cut proposed by the PP, which likely will win the next Spanish elections, are applied, he will ask the same discounts for hoteliers, has revealed on Tuesday to preferente.com prior to his participation in congress... Seguir leyendo...

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2 octubre, 2011

NH Hoteles in conversations with funds

NH Hoteles, Spanish biggest hotel chain in terms of properties, is in conversations with foreign funds alter their agreement with chinese Group HNA has been delayed.   An American fund has made an offer to NH Hoteles, but the Spanish chain rejected it, arguing low... Seguir leyendo...

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30 septiembre, 2011

Meliá to transform Magalluf in a luxury destination

Meliá Hotels International, first Spanish hotels group and first holiday one worlwide, projects to transform Magalluf in a luxury destination with the full reform of its hotels in the area, and the support of local authorities.   Meliá will renew the hotels Sol... Seguir leyendo...

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13 septiembre, 2011

NH Hoteles to cut costs in 10%

NH Hoteles wanted to go a step further, in line with cost reduction initiatives launched in the first half of the year with a supplemental plan more ambitious. According to a company statement sent to the National Securities Market, the hotel management team takes a voluntary... Seguir leyendo...

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22 agosto, 2011

Tui admits future layoffs

The German newspaper Bild noted this weekend that the German tour operator Tui would lay off about 400 workers from the 1,650 it has in the Germanic country in a plan designed to save costs due to declining business for the crisis. From the German tour group did... Seguir leyendo...

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