The portfolio being sold comprises over 2,300 rooms in 7 Hotels in Germany as well as 4 hotels in other major European cities.
Teneo adds 50 luxury European hotels to portfolio
Hotels span independent properties, small luxury brands and premium brands under major European flags
Amadeus boosts accommodation content by 30% with new Booking.com partnership
Amadeus signs a landmark hospitality distribution agreement with Booking.com to integrate its accommodation content into the Amadeus Travel Platform for the first time.
Accor and meetago signed global partnership to meet MICE demand
Accor and meetago are starting up a joint connectivity solution, which will be offered to more than 1,600 meeting hotels worldwide.
Thomas Cook reports £1.4 billion loss
Thomas Cook reports a £1.4 billion loss in operations and is considering sale of its airline business
April Egloff, new Director of Sales Midwest for Teneo
Teneo Hospitality Group, a Global Group Sales Organization, has appointed April Egloff as Director of Sales Midwest.
Europe, a happy medium for vacation rentals and hotels
Significantly, rather than affecting overall hotel performance, the analysis of room rates suggests that the rise in importance of vacation rentals actually complements traditional accommodation
Tough group business market for US hotels
Cvent data shows U.S. hotels may face a more difficult group business environment. Looking out into time, group booking pace is down across all eight quarters year-over-year.
Sunplay Asia supporting local education
Sunplay Asia, a leading active lifestyle property developer, has recently acquired a community learning centre – “Baan Sunsaray” – adjacent to their flagship luxury residential estate in Bangsaray Thailand.
If you can’t fight Airbnb, join them?
“We are flattered that those in the travel sector who were once skeptical of home sharing now seek to replicate the Airbnb model.”
