InterContinental Hotels Group (IHG®), one of the world's leading hotel companies, has today announced the signing of eight new hotels within the Holiday Inn® brand family in Germany.
Buyers with large budgets from around the world – ITB Speed Networking Event connects leading buyers with exhibitors –Services at the show save time and ensure even greater business success at ITB Berlin
26 halls fully booked – Around 10,000 exhibitors from 184 countries and regions – Botswana, the official partner country, sets an example for sustainable tourism – ITB Berlin Convention features the key topics 'Safety & Security' and 'Artificial Intelligence' – Launch of Medical Tourism, a new segment – Travel Technology continues to boom – 2017 debut for ITB China in Shanghai – Berlin Travel Festival previews its 2018 eventThe international tourism industry currently faces many challenges. Amid the latest geopolitical situation holidaymakers have become unsure about how safe it is to travel. From 8 to 12 March 2017 ITB Berlin will debate highly controversial issues and on the eve of the 51st edition continues to maintain its strong market position. At the World's Leading Travel Trade Show ® there is no sign that people's lust for travel has waned. Once again, the 26 halls on the Berlin Exhibition Grounds are fully booked. Over the course of five days more than 10,000 companies from 184 countries will be represented on 1,092 stands covering 160,000 square metres and will be showcasing the global tourism industry's latest products and trends.
If you're heading to Germany to the ITB Berlin trade show March 8-12, stop by and say hello to Magnuson Hotels (Hall 9/Stand 119). It will be the perfect opportunity to talk to us about our consumer marketing initiatives for 2017 and beyond.
ITB Berlin Convention turns the spotlight on one of the year's most fascinating technological subjects – Live demonstration of service robot "Pepper" – Discussions about the opportunities offered by chatbots and virtual assistants and their impact on the international travel industry
HotelREZ Hotels & Resorts (HotelREZ), one of the world's fastest growing hotel representation companies has been selected by German Dorint Hotels & Resorts (Dorint) as its new distribution partner. Dorint was a customer of Trust International which was acquired by Sabre last year.
Adventure Travel & Responsible Tourism is an expanding sector – 12th Pow-Wow for trade visitors with topical subjects and exemplary projects on all aspects of astro-tourism, adventure holidays and ecological travel – Hall 4.1b fully booked
World's Largest Travel Trade Show focuses on the 'International Year of Sustainable Tourism for Development 2017' – forward-looking projects and a new impetus for social responsibility in tourism on the stages in Hall 4.1 and at the ITB Berlin Convention
UNWTO activities at the 51th edition of ITB, taking place next 8-12 March in Berlin, include the 7thUNWTO Silk Road Ministers Meeting, events on the New Platform Tourism Services (or the so- called sharing economy), Child Protection and Indigenous Tourism.
Hotel transaction volume across Europe reached €17.8 billion in 2016, down 25% on the previous year's record volume, according to our annual European Hotel Transactions report. While portfolio activity halved to €7.2 billion-worth of sales, single asset transactions remained strong with volumes of €10.6 billion, up almost 17% year-on-year. 'Last year's fall in portfolio hotel transactions came as no surprise, particularly as it followed an extremely active 2015 during which there were €14.6 billion-worth of portfolio transactions,' commented report co-author Friederike von Bünau, associate, HVS London. 'Many investors sat tight last year as the world experienced a number of political and societal changes, although an appetite remained for single asset acquisitions.' Germany's hotels were the star performers during 2016 with transaction volumes reaching €4.4 billion, including €2.45 billion-worth of portfolio assets, a 30% rise on 2015. Single asset transactions in Germany valued €1.95 billion with key deals being the sale of the Hyatt Regency Düsseldorf to Algonquin and Aviva France's Primotel Europe fund and the sale of the Grand Hotel Taschenbergpalais Kempinski in Dresden. Despite a 70% fall in transaction levels, the UK was still the second-best performer in Europe. Of its total volume of €3.6 billion, €2.1 billion were single asset transactions. Portfolio transactions fell 83% year-on-year to €1.5 billion (£1.2 billion). London maintains its position as the leading European hotel transaction market, with a total volume of €1.8 billion. The fact sterling lost 10% of its value between 2015-16 is thought to have affected acquisition decisions throughout the year, as well as weakening the UK's year-end ranking. Transaction volume in France increased in 2016, up from €1.5 billion to €1.9 billion. Single asset transactions showed a 130% growth year-on-year, although operating performance continues to struggle in Paris and Nice. In Spain, market fundamentals continued to strengthen last year with the country showing a 12% increase in transaction activity to €2.1 billion. Ireland and Austria also showed a rise in transaction activity in 2016. The majority (83%) of total investment volume was acquired by European players, totalling €14.8 billion of acquisitions (up from last year's 40%). The market saw a large fall in North American, Middle Eastern and Asian investors' investments, by about 88%, 70% and 61%, respectively, and, of the €980 million of Asian inflow, almost 40% was invested in London. 'The new normal, in a period of political uncertainty, Brexit and low interest rates seems to be a race for fixed income hotel assets, as a variety of investors reach to hotels as an alternative in the search for yield,' concluded report co-author Peter Szabo, analyst, HVS London. 'Despite the lack of stock, appetite for hotel assets will likely be strong in 2017 until interest rates turn and pricing levels adjust across the spectrum.' Download a copy of 2016 European Hotel Transactions by Friederike von Bünau and Peter Szabo.
Peakwork AG, a German technology platform that connects Europe's leading tour operators with the most up-to-date pricing available across the travel spectrum, is partnering with DHISCO Inc., the world's leading hospitality distribution company, to offer its clients real-time hotel rates around the globe, the companies announced today.
At the ITB Berlin Convention numerous sessions on digitalisation and travel technology will take a look at the future – Live testing of innovation, career tips for technically minded newcomers and how to deal with fake news in a crisis – Exclusive market survey by Travelzoo/ ITB Berlin on travellers' safety concerns
Exclusive preview at ITB Berlin – an interactive exhibition and a stimulating programme of events at the Marshall- Haus will provide an insight into the first Berlin Travel Festival in March 2018 – admission is free for trade visitors
The International Society of Hospitality Consultants (ISHC) and the International Hotel Investment Forum (IHIF) are delighted to announce the recipient of the 2017 Young Leader Award; Director of Acquisitions and Strategy at MEININGER Hotels, Eva Bachmann. Eva will be presented with the award during the 20th IHIF which takes place on 6-8 March 2017 at the InterContinental Berlin. There will be a dedicated plenary session in the conference programme to recognise Eva’s achievements at 10.20 on Tuesday 7th March.
More floor space for exhibitors from boom segments including Travel Technology and Arab destinations – New exhibitors and innovative stand concepts – New: Medical Tourism – World's Largest Travel Trade Show mirrors travel industry trends and developments
The International Society of Hospitality Consultants (ISHC) and the International Hotel Investment Forum (IHIF) are delighted to announce the recipient of the 2017 Young Leader Award; Director of Acquisitions and Strategy at MEININGER Hotels, Eva Bachmann.
Youth Travel exhibitors in Hall 4.1 at ITB Berlin will have information on new language courses abroad and summer trips – Discussion rounds on festival tourism – Communicating with emojis
The Baltic Sea, Allgäu, Lake Constance – German destinations are more popular than ever. Last year a new peak of 447.3 million overnight stays in terms of domestic and foreign guests was reported. The growth of German tourism is expected to continue in 2017. Germany’s travel industry boom has no end. The number of overnight stays rose to a record value of 44.3 million. This is the sixth year in a row in which a new record had been reached.
STR's preliminary January 2017 data for Berlin, Germany, indicates overall performance increases.Based on daily data from January, Berlin reported the following in year-over-year comparisons:
Exotic music, colours and rhythms will feature at the grand finale of the World's Largest Travel Trade Show® – admission is free for ITB ticket holders on Sunday