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!
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.
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.
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.”
In travel technology news today, Crowne Plaza hotels is testing state of the art “anti-snore” technology at selected hotels. 10 hotels across Europe, the UK, and the Middle East will reportedly implement “snore patrols” to muffle noisy sleepers.
InterContinental Hotels appoints news leaders for Europe and other regions, while CEO Richard Simmons offers company profits report and prospectus. Holiday Inn Express India, and many other sectors are outlined.
Internos Real Investors is reportedly raising between €200 million and €250 million for their first hotel fund for selected European countries. According to the news, the company is targeting mid-market hotel projects in Germany, France, and in the Netherlands.
EuroCheapo, one of the online world’s most popular travel sites, celebrates their 10th anniversary this week. According to the news the European budget hotel finders will also launch new guides for Zurich and San Francisco.
France’s Availpro promises to add horsepower for small and medium sized hotel bookings. A recent expansion into the online travel market in Spain signals the company’s popularity with hoteliers in Europe. Just how many horses the company can provide depends a great deal on the end user as usual.
Marriott International announces three new Renaissance hotels in Europe. Two hotels in France, and one in Switzerland, bring Marriott’s projects total 27. Evidently the company’s promise to double their presence in Europe by 2015 is on track.