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IHG unveils its new brand: avidtm hotels

Hospitality On (by MKG Hospitality)·Requires Registration - 19 September 2017
First presented in the United States, the avid Hotels brand is launched as a second middle range offer for IHG. Intercontinental Hotels Group has unveiled the new brand that should boost its development on the middle range sector: avid Hotels. The avid Hotels brand has been added to Holiday Inn Express to support IHG's dynamic on this particular sector. It could be characterized mainly by its slightly lower rates approx. $10 less than Holiday Inn Express for a single room), and they will have "the basics done extremely well," according to the group's press release.

AccorHotels continues to grow in Seoul

Hospitality On (by MKG Hospitality)·Requires Registration - 18 September 2017
In the past month, AccorHotels group has drastically expanded its portfolio in Asia. After announcing a hotel complex in Seoul, three properties in Myanmar and its 800th property in Singapore, with this new signing AccorHotels realizes yet another important transaction in the region. The hotel is part of a resort that includes a mall and two office towers. The Fairmont Ambassador Seoul will host 326 rooms, a rooftop bar, and also a spa, a swimming pool, a fitness center and no less than four restaurants. It will be the 75th hotel of Fairmont brand.

De Vere is ready for a new look

Hospitality On (by MKG Hospitality)·Requires Registration - 15 September 2017
The English hotel group will use a £100 million investment from Starwood Capital Group to renovate a number of properties. The De Vere group will re-launch its brand following this £100 million investment from Starwood Capital, that had acquired De Vere in 2014. This investment is part of a £300 million larger investment destined to help the renovation of hotels owned by the 35 Principal Hotel Company in the United Kingdom.
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Radisson RED: exponential growth

Hospitality On (by MKG Hospitality)·Requires Registration - 13 September 2017
Since its creation, this brand has met with a very important growth. Radisson RED has announced the opening in 2020 of a new property in Latvia's capital Riga, in collaboration with Astor Group. The 220-room hotel will be located near the Latvian city center.
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Paris 2024 confirmed in Lima

Hospitality On (by MKG Hospitality)·Requires Registration - 12 September 2017
The members of the International Olympic Committee (IOC) met one last time today to formalize the organization of the Olympic Games 2024 in Paris. Paris Olympics 2024 Paris Olympics 2024 It is the end of a long media and sports drama. After being announced this summer, news of Paris welcoming 2024's Olympic Games was confirmed September 13th in Lima, at a meeting of the International Olympic Committee. http://hospitality-on.com/en/news/2017/09/12/paris-2024-confirmed-in-lima/#ixzz4sjoUZIE8

Melia Hotels announces its financial results

Hospitality On (by MKG Hospitality)·Requires Registration - 11 September 2017
The Spanish group has recorded a 7.7% increase of the RevPar, pulled by the increase of daily rates. Benefits of the group have grown by 34%. Melia group has announced its financial results, that show a clear evolution of the RevPAR. In fact, it has increased by 7.7% overall, which can be explained by increased daily rates. If South America and Asia-Pacific regions have seen their RevPAR decrease, the first semester of 2017 was a success for the rest of the world, especially for Spain (+18.9%) and the Mediterranean area (+15.5%). In France and Europe, growth in demand and the upgrading of existing hotels are the main motivations for those positive results.

Alwaleed Bin Talal should invest $800 million in Egypt

Hospitality On (by MKG Hospitality)·Requires Registration - 11 September 2017
Saudi prince Alwaleed Bin Talal confirms Egypt's hotel development, as well as a possibility of resuming foreign investments on a larger scale. Those investments should be used to expand the Four Seasons Sharm el-Sheikh, but also to implement new hotels in el-Alamein or in Madinaty (near Cairo). The prince already possesses numerous properties in the country, and eighteen more are underway. His other properties include, most notably, the Four Seasons George V, in Paris.
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Caesars Palace finally resurfaces

Hospitality On (by MKG Hospitality)·Requires Registration - 7 September 2017
The announcement of a $2.2 billion funding should mark the end of the crisis for Caesars Palace Operating Company Inc., which had filed for bankruptcy in 2015. While it is surely not the end of a long media and financial serial drama, it is beginning to feel like it.

Albania plans tax exemption for five-star hotels until 2027

Hospitality On (by MKG Hospitality)·Requires Registration - 5 September 2017
The country's Prime minister, Edi Rama, has announced this exceptional measure in order to encourage the qualitative growth of the tourism sector. As in other Adriatic countries, increasing the scale of the offer is crucial for tourism. Albania intends to make headlines far and wide. The announcement of the tax exemption for the management of a five-star hotel specifically targets "30 international brands", according to the Prime Minister. It was at a press conference that Edi Rama talked about his project for the temporary tax exemption of upscale properties.

AccorHotels : Sophie Etchandy-Stabile leaves HotelServices France & Switzerland

Hospitality On (by MKG Hospitality)·Requires Registration - 4 September 2017
As the Director of HotelServices France and Switzerland inside AccorHotels group, Sophie Etchandy-Stabile was in charge of the development of ibis, Novotel, Mercure and F1. She just announced her departure expected at the end of the month. Sophie Etchandy-Stabile will leave her position as director of HotelServices France for Accor Hotels Group at the end of September. She has held this position since 2015. As director, she was in charge of the development of ibis, Novotel, Mercure and HotelF1 brands in France. Since 2017, she was general director of HotelServices for both France and Switzerland.

AccorHotels : Sophie Etchandy-Stabile quits her job as Director of HotelServices France & Switzerland

Hospitality On (by MKG Hospitality)·Requires Registration - 4 September 2017
As the Director of HotelServices France and Switzerland inside AccorHotels group, Sophie Etchandy-Stabile was in charge of the development of ibis, Novotel, Mercure and F1. She just announced her departure expected at the end of the month.

Hilton group progresses in Central America

Hospitality On (by MKG Hospitality)·Requires Registration - 1 September 2017
Hilton group has announced the continuation of its development in Central America with the signing of nine different addresses. Those properties will be developed by the brands Hilton Hotels & Resorts, Curio Collection by Hilton, DoubleTree by Hilton, Hilton Garden Inn and Hampton Inn by Hilton.

iBis Styles lands in the United States

Hospitality On (by MKG Hospitality)·Requires Registration - 31 August 2017
AccorHotel group's low-cost company makes its debut in the United States with the opening of a first address in New York, located on the site of the former LaGuardia Airport Hotel, it has been entirely revamped for the occasion. "ibis Styles has already been a great success in Europe and South America, and should stand out thanks to its concept combining design, all-inclusive prices and family friendly space," declared Kevin Frid, COO North and Central America for AccorHotel.

Grand Hyatt strengthens its presence in South Korea

Hospitality On (by MKG Hospitality)·Requires Registration - 30 August 2017
Grand Hyatt has announced a new hotel project in South Korea: the Grand Hyatt Hotel Jeju City. It is the brand's second-largest property and the Hyatt Group's sixth Korean address. Grand Hyatt will open its next Korean address in the city of Jeju (located on Jeju island), one of the country's most popular destinations outside the capital. It is the sixth property of the Hyatt Group in South Korea, including a Grand Hyatt in Seoul, and is expected to establish itself as the second largest hotel of the brand worldwide.

A Chinese hospitality crowdfunding platform raises $29 million

Hospitality On (by MKG Hospitality)·Requires Registration - 30 August 2017
This is the beginning of a brand new adventure for Kaistart: the Chinese startup, which had developed a platform dedicated to crowdfunding within the hospitality and restaurant industries, has just received financial backing thanks to Yunfeng Capital. The private equity firm - founded by Jack Ma, CEO of Alibaba - has contributed to raising $29 million in order to support the Chinese startup's future growth.

Puneet Chhatwal leaves Deutsche Hospitality

Hospitality On (by MKG Hospitality)·Requires Registration - 29 August 2017
Puneet Chhatwal, CEO of Steigenberger Hotels AG/Deutsche Hospitality since 2013, leaves his position. For now, no successor has been chosen. Five years have passed since Puneet Chhatwal was appointed CEO of the German hotel group Deutsche Hospitality. It was just announced that its leader would leave his position to return to India, where he took his first steps in the hospitality business: he was indeed appointed CEO of Indian Hotels Company, a subsidiary of the giant conglomerate Tata Group. Rakesh Sarna, current CEO of the Indian hotelier, had resigned from his position in June, to assume his duties until the end of September.

[Slideshow] Disneyland Paris: Villages Nature to open its doors

Hospitality On (by MKG Hospitality)·Requires Registration - 28 August 2017
The property, spearheaded jointly by EuroDisney and Pierre&Vacances/Center Parcs, will open its doors on the 1st of September, following a delay which caused it to miss the summer season. Its much-awaited upcoming launch is the opportunity to discover the site in pictures.

July 2017: a bright day for Europe's hotels

Hospitality On (by MKG Hospitality)·Requires Registration - 24 August 2017
After a month of June marked by steady growth in European hotel performances, the beginning of the peak season is synonymous with overall dynamism for the industry. While Europe's leading summer tourist destinations post very positive results, the highest growth may be found in other countries: Hungary, Luxembourg and Belgium are this month's top performers.

London: The Trafalgar St. James Hotel joins the Curio Collection

Hospitality On (by MKG Hospitality)·Requires Registration - 24 August 2017
Hilton's collection of upscale properties has just added London-based The Trafalgar St. James Hotel to its portfolio. This is the first British property to join the selection. Curio by Hilton has just added a new property to its upscale portfolio: The Trafalgar St. James Hotel, in central London, has just joined the luxury properties' collection. This is the first under that brand in the UK.
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Destinations that oust mass tourism

Hospitality On (by MKG Hospitality)·Requires Registration - 21 August 2017
Dissuasive measures implemented by some municipalities and certain highly (too?) touristic sites have multiplied in recent years. Their goal is to cap the flow of visitors in order to combat the deterioration of neighborhoods or monuments, or the rise in property prices, which are often sources of conflict with local populations. Overview of these "anti-tourism" actions.

The first assessment of Summer 2017: with the capital in the lead, French hospitality sees the sun once again

Hospitality On (by MKG Hospitality)·Requires Registration - 18 August 2017
The French hotel industry recorded good performance this summer, driven by the strong recovery of Paris and Ile-de-France - liberated from the security yoke of 2016 - and the good results of the province apart from the coastal areas. On the coasts of France, average weather and / or the absence of certain engines have sometimes weighed. After a mixed month of July, with a strong rebound but prices falling, it was the first fortnight of August that helped to shift the results more positively. The outlook is thus encouraging for the end of the summer.
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Airbnb: towards professionalization

Hospitality On (by MKG Hospitality)·Requires Registration - 18 August 2017
While in its early years, the private rental platform offered a casual and innovative formula involving meeting the hosts and being transported into a foreign yet familiar environment, its latest developments illustrate a rise towards professionalization. A step-by-step analysis.
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Ghent, Flemish art at its best

Hospitality On (by MKG Hospitality)·Requires Registration - 17 August 2017
Lying at the confluence of the Scheldt and the Lys, the capital of East Flanders is enjoying hotel performances that have improved significantly in recent years. Despite security challenges that marked Belgium’s hotel industry in 2016, Charles V’s city promotes its historic and cultural assets, and welcomes a growing number of visitors. Midway between Bruges and Brussels, which are both popular tourist destinations, the Flemish city is right to boast how well tourism suits it too.
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In Guinea, the hotel industry gets back to business

Hospitality On (by MKG Hospitality)·Requires Registration - 16 August 2017
Significantly weakened by political and sanitary crises in recent years, Guinea’s economy is currently experiencing renewed growth. While new reforms are underway, the accommodations supply is being renewed in order to accommodate business travelers, the leading clientele in the country today. The opening of upscale properties and the advent of international hotel groups testify to renewed interest in the market. However, while it is not very highly developed, leisure tourism has not been ignored by authorities who would like to make Guinea one of West Africa’s leading destinations.
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Responsible hospitality, sustainable profitability?

Hospitality On (by MKG Hospitality)·Requires Registration - 4 August 2017
Today, sustainable development is an integral part of corporate strategy in the hotel sector throughout all stages of development. From the construction of buildings to the property management, and of course training staff and implication in the local community, sustainable initiatives have multiplied in recent years and the race to obtain labels has intensified. Nonetheless, within an economic context that is not always propitious to investments, the normalization of this type of development raises the question of its profitability. While it contributes to improving corporate image for increasingly demanding clientele, its financial benefits are not always evident and even less immediate. Under the current circumstances, is it possible, to realistically evaluate the pertinence of the CSR policy in financial terms? Hospitality ON takes a look.
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Naples and the Amalfi Coast, Survivors of the Mezzogiorno

Hospitality On (by MKG Hospitality)·Requires Registration - 3 August 2017
The two leading sites on UNESCO’s World Heritage List in the region of Campania in Italy, are Naples’ historic center, listed since 1995, and the Amalfi Coast, added two years later. These destinations in the South of Italy attract tourists for different reasons: the first has to do with a rich history and cultural heritage, while the second represents a nearly untapped area along twenty-five kilometers of Tyrrhenian Coast. But in Italy’s Mezzogiorno, which has been undermined by unemployment and economic decline, tourism performances in Naples and its environs represent a major challenge that goes beyond any postcardperfect image.

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