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Das Triest reopens after renovation

ollowing an extensive renovation program, Das Triest is entering the New Year in inimitable style with the unveiling of 49 new rooms and suites, a sophisticated bistro, Porto, and top-floor event spaces. The result of a creative collaboration between three leading Austrian architectural studios, the new additions to the 19th-century structure pay homage to its storied past while cementing the hotel's position as one of Vienna's most vibrant social hubs.

Radisson RED brings playful style to Vienna

Radisson Hospitality AB, publicly listed on Nasdaq Stockholm, Sweden, and part of Radisson Hotel Group, is delighted to announce the signing of the Radisson RED Vienna in Austria. The Imperial City, world famous for its music, architecture and culture, is the perfect location to welcome the group's upscale, lifestyle select-service brand.

NOVUM Hospitality secures prime city-centre location in Klagenfurt for their first Select Hotel in Austria

NOVUM Hospitality continues to develop its up-scale brand of Select Hotels internationally and is targeting Austria first. The Hamburg-based hotel group has already secured the historic Hotel Moser Verdino in Domgasse 2 right in the centre of Klagenfurt, the capital of the state of Carinthia. "Besides expanding our midscale niu brand, we also want to grow our premium Select brand and, while doing so, are really looking forward to working at this new and lucrative location in Carinthia," states David Etmenan, Chief Executive Officer & Owner of NOVUM Hospitality.Strategic partner for the development is the LILIHILL Capital Group. The Austrian investment company had already bought the traditional hotel from Generali Insurance previously. With an investment volume of around 20 million Euros, the hotel is to be rebuilt and completely refurbished over the next 1.5 years as part of the development and transformed into a four-star NOVUM Hospitality Select Hotels brand superior hotel. The current planning for the Select Hotel in Klagenfurt shows that it will have 120 rooms and is due to open in the second quarter of 2019. The ground floor will house a restaurant and the highlight will be a sky-bar on the roof terrace, the very first sky-bar in Klagenfurt. Preservation of the traditional charm of the hotel, along with its facade, which is famous throughout the city, is just as important to the partners as the numerous modernisations being undertaken. "With NOVUM Hospitality, we have succeeded in bringing a premium and prestigious hotel operator on-board that is certain to generate new and strong momentum for city tourism at this location in Klagenfurt," states Franz Peter Orasch, CEO & Owner of the LILIHILL Capital Group.

Daniel Hunger-Milkowitsch has been appointed as General Manager at Steigenberger Hotel and Spa Krems

Daniel Hunger-Milkowitsch is to take over as General Manager at the Steigenberger Hotel and Spa Krems with effect from 1 January 2018. He succeeds Adelheid de Durand-Maier, who will retire at the start of the New Year following 30 years with the company and 26 years at the helm of the Steigenberger Hotel and Spa Krems.

Music in the air in Austria as Jaz makes plans to come to Vienna

The news that a Jaz in the City is set to open at the very heart of historic Vienna in 2020 means that the Austrian capital will soon boast a further hotel. This will make Vienna the first foreign location at which all three Deutsche Hospitality brands are represented. The Steigenberger Hotel Herrenhof and the IntercityHotel Vienna are already firmly established in A1 central positions.

Rosewood Vienna To Open In 2022

Rosewood Hotels & Resorts® has been appointed by Central European financial services provider Erste Group Bank AG to manage Rosewood Vienna, which will open in 2022 as the brand"s fifth property in Europe. Housed in an historic 18th century building which was the former headquarters for Erste Group Bank AG, Rosewood Vienna will be ideally situated on Petersplatz, one of the most famous squares in Vienna"s Old Town. Located just steps away from the city"s most luxurious shopping and dining and its most famous historical sites, Rosewood Vienna will serve as an unsurpassed gateway to one of Europe"s most charming destinations.

New sole shareholder confirmed for Vienna House

The entire equity stake of Vienna International Hotelmanagement AG (Vienna House) has been acquired by Vienna House Capital. In the months since the contract signing in mid-February, the agreement was prepared for closing, subjected to an antitrust review and confirmed on 31 May 2017. Vienna House Capital is the Austrian subsidiary of Thailand's U City PCL (U City) with headquarters in Vienna. In addition to the entire equity stake, the acquisition also included seven hotel properties and the operating company for andel's by Vienna House Cracow, which had been owned by the Warimpex Group and partially by UBM Development AG. These properties were incorporated into the Vienna House Group. The total transaction amounts to approximately EUR 335 million. All of the acquired hotels were already under management by Vienna House. U City is a listed Thai commercial property company. Its largest shareholder is the family-operated BTS Group (BTSG), one of Thailand's top publicly listed companies with a market capitalisation of EUR 2.7 billion. With the family of Chairman Keeree Kanjanapas and his son Kavin Kanjanapas (CEO), Vienna House has found a strategic partner who shares the company's vision for the hotel industry and who supports Vienna House's business objectives. "The deal will strengthen the capital structure of Vienna House to secure further investments in international growth, in the business architecture and in pioneering services. That means that our strategy will focus on growth through management and lease agreements but also through suitable purchases of individual properties or entire portfolios. Another strong focus of mine will be on strategic asset management and acquisitions," explains Rupert Simoner, CEO of Vienna House. The management board consists as before of Rupert Simoner, Chief Executive Officer, and Martin Ykema, Chief Operating Officer with the new additions of Johanna Weichselbaumer, Chief Financial Officer, and Daniel Ross, Chief Investment Officer. Weichselbaumer, who has been with the group for over 25 years, plays a substantial role in the transaction process. In his dual function as CIO of Vienna House and BTSG, Ross will work with Simoner to further grow the company through investments in portfolio expansion. The transaction was managed by Credit Suisse on the seller's side and the auditing company Ernst & Young on the buyer's side. Vienna House was assisted by BDO Austria GmbH. "I can only express my greatest praise for all companies involved," says Simoner, adding: "Lead manager Credit Suisse and Robert Ehrenhöfer (Director Head Corporate Advisory Austria) delivered an outstanding performance, always keeping an eye on the common goal of successfully concluding this extensive transaction with all participating companies." The new supervisory board consists of: Ann Piyaporn Phanachet (Chairwoman and U City CEO), John Westoby (Vice Chairman and U City Hospitality Director), Jonathan Wigley (Member of the Board and AHS Hotels CEO) and Sayam Siwarapornskul (BTSG Chief Legal Officer). The following properties will be incorporated into the Vienna House Group: Vienna House Amber Baltic Miedzyzdroje, andel's by Vienna House Lodz, angelo by Vienna House Katowice, Vienna House Easy Chopin Cracow, Vienna House Diplomat Prague, angelo by Vienna House Pilsen, angelo by Vienna House Bucharest and the operating company for andel's by Vienna House Cracow. All other lease and management agreements will remain unaffected.

Moxy Hotels, Marriott International’s Bold Experiental Hotel Brand, Debuts in Austria’s Vibrant Capital

Moxy Hotels, Marriott International's experiential hotel brand, continues its expansion in Europe with the launch of Moxy Vienna Airport, the brand's first hotel in Austria. Characterised by a vibrant, playful design and an energetic crew, Moxy Vienna Airport offers a new way of travelling, with communal and spirited experiences at a surprisingly affordable price and joins an ever-evolving portfolio of nine global destinations including Munich, Milan, Berlin, New Orleans and London.