Accor Hotels, the largest hotel player in Europe, has announced guarded optimism for business going forward into 2012. According to their assessment, demand for rooms in Europe looks stable, while concerns over debt burdened South Europe put a damper on expectations.
Europe hotels
Luxury Hotels in Eastern Europe
Steeped in history and tradition and offering sights and sounds found no where else in the world, Eastern Europe is home to exotic cities and a beautiful landscape boasting famous rivers, towering mountains and incomparable beaches. Add to these draws a lower budget demand than travel to many other parts of the world and the lure of rugged Slovakia, quaint Romania and other Eastern European destinations can become almost overwhelming!
Russia’s Economic Recuperation: Hotel Industry Spotlight
In hotel news from the Russian Federation, hotel values there are expected to rise, as well as in the Commonwealth of Independent States, and the Republic of Georgia, according to several reports. Some estimates suggest the growth rate at up to double that of other countries in Europe.
World’s Biggest Best Western Opens in Russia
In hotel news from Moscow, Best Western International opens their first hotel in Russia. The Best Western Vega Hotel & Convention Centre in Moscow, it not only the chain’s first Russia entry, but the franchise’s largest hotel ever.
HouseTrip – A Startup Taking Aim At Travel Alternatives
TechCrunch reported on a fascinating startup in April, a new take on vacation rentals called HouseTrip. The news back then was about the Swiss startup’s $2.7 million in funding from Index Ventures, but today it looks as if the company is spending the money wisely. Let’s take a look under the hood of what my old friend Steve O’Hear called; “another play in the holiday apartments space.”