Deutsche Hospitality

H World Attends Hotel Investment Conference Asia Pacific Update 2024

Retrieved on: 
Friday, March 15, 2024
Conference, RevPAR, Growth, HICAP, Huazhu Hotels Group, Ecosystem, Multimedia, Deutsche Hospitality, Airline

HONG KONG, March 15, 2024 /PRNewswire/ -- From March 13th to 14th, the Hotel Investment Conference Asia Pacific Update 2024 ("HICAP UPDATE") was successfully held in Hong Kong. This conference focused on the dynamics and future prospects of the hospitality and travel industry in the Asia-Pacific region, discussing the latest development and investment opportunities and challenges in a variety of the region's hot markets. Nearly 75 leading industry experts were invited to speak at the 2024 conference. Ms. He Jihong, the Chief Strategy Officer of H World Group Limited("H World" or "the Group") attended the conference and delivered speeches on the Group's business and the development of the travel industry.

Key Points: 
  • HONG KONG, March 15, 2024 /PRNewswire/ -- From March 13th to 14th, the Hotel Investment Conference Asia Pacific Update 2024 ("HICAP UPDATE") was successfully held in Hong Kong.
  • He Jihong, the Chief Strategy Officer of H World Group Limited("H World" or "the Group") attended the conference and delivered speeches on the Group's business and the development of the travel industry.
  • As one of the fastest-growing hotel groups globally, H World ranks sixth in terms of the number of hotel rooms.
  • He emphasized that Southeast Asia emerges as a nascent market for H World, signaling a promising frontier ripe with untapped potential and strategic opportunities.

EQS-News: The IntercityHotel brand is opening another location in the northern German city of Lübeck in a property planned and built by project developer GBI - The new hotel has a young, urban look

Retrieved on: 
Saturday, December 30, 2023
Well, Work, Travel, Deutsche Hospitality, Hand, Heart, GBI, Real, Pleasure, Senior

And so is the new IntercityHotel in the northern German city of Lübeck.

Key Points: 
  • And so is the new IntercityHotel in the northern German city of Lübeck.
  • Well-connected CityScouts to make sure the hotel is part of the urban neighborhood, who have all insider tips on hand.
  • The new IntercityHotel is opening as a cool, relaxed lodging option in the heart of the Hanseatic city of Lübeck.
  • The property is owned by the “Commerz Real Institutional European Hotel Fund” of Commerz Real, a subsidiary of the Commerzbank Group.

Celebrating Excellence in Hospitality: Hozpitality Group's 9th Middle East Hospitality Awards at Arabian Ranches Golf Club, Dubai

Retrieved on: 
Thursday, December 7, 2023
Days Inn, Super 8, Deutsche Hospitality, TCL, GM, Organization, TIME Hotels Management, NH Collection Open, Friends, Family, Award, F&B, Zee TV, Silver, Partnership, Happiness, Comptroller, SVP, Creativity, Laboratory, TIME, MD, Operation, Management, Consultant, Hotel, Film industry, Taza

DUBAI, UAE, Dec. 7, 2023 /PRNewswire/ -- The 9th edition of the Middle East Hospitality Excellence Awards, organized by Hozpitality Group, occurred at the Arabian Ranches Golf Resort and Spa on December 6, 2023. This highly anticipated event brought together over 500 hospitality professionals for a dazzling award gala. The ceremony was a celebration of hidden gems and industry enthusiasts in the Middle East.

Key Points: 
  • DUBAI, UAE, Dec. 7, 2023 /PRNewswire/ -- The 9th edition of the Middle East Hospitality Excellence Awards, organized by Hozpitality Group, occurred at the Arabian Ranches Golf Resort and Spa on December 6, 2023.
  • The ceremony was a celebration of hidden gems and industry enthusiasts in the Middle East.
  • "We received an amazing response to online voting for the 9th Middle East Hospitality Excellence Awards 2023 with over 1200 nominations and over 154,000 votes for various categories.
  • Hozpitality group announced their first Indian Hospitality Excellence Awards in India, a live event in partnership with Stave Hospitality, Alok Kaul and Shilp Wellness in Navy Mumbai, India.

Celebrating Excellence in Hospitality: Hozpitality Group's 9th Middle East Hospitality Awards at Arabian Ranches Golf Club, Dubai

Retrieved on: 
Thursday, December 7, 2023
Days Inn, Super 8, Deutsche Hospitality, TCL, GM, Organization, TIME Hotels Management, NH Collection Open, Friends, Family, Award, F&B, Zee TV, Silver, Partnership, Happiness, Comptroller, SVP, Creativity, Laboratory, TIME, MD, Operation, Management, Consultant, Hotel, Film industry, Taza

DUBAI, UAE, Dec. 7, 2023 /PRNewswire/ -- The 9th edition of the Middle East Hospitality Excellence Awards, organized by Hozpitality Group, occurred at the Arabian Ranches Golf Resort and Spa on December 6, 2023. This highly anticipated event brought together over 500 hospitality professionals for a dazzling award gala. The ceremony was a celebration of hidden gems and industry enthusiasts in the Middle East.

Key Points: 
  • DUBAI, UAE, Dec. 7, 2023 /PRNewswire/ -- The 9th edition of the Middle East Hospitality Excellence Awards, organized by Hozpitality Group, occurred at the Arabian Ranches Golf Resort and Spa on December 6, 2023.
  • The ceremony was a celebration of hidden gems and industry enthusiasts in the Middle East.
  • "We received an amazing response to online voting for the 9th Middle East Hospitality Excellence Awards 2023 with over 1200 nominations and over 154,000 votes for various categories.
  • Hozpitality group announced their first Indian Hospitality Excellence Awards in India, a live event in partnership with Stave Hospitality, Alok Kaul and Shilp Wellness in Navy Mumbai, India.

Expedia Group Secures New and Expanded Travel Partnerships in Europe

Retrieved on: 
Tuesday, December 5, 2023
Sale, UEFA, Deutsche Hospitality, Advertising, Business, Travel, Turkish Airlines, Attention, MOSFET, European Travel Commission, Expedia Group, Ryanair, Sonder, Airline, ETC, History, SUV, Partnership, Visegrad, International Air Transport Association, NDC, ADAC, Iberia (airline), CNTB, Icelandair, Tourism, Car rental, Expedia, Atlantic Ocean

LONDON, Dec. 5, 2023 /PRNewswire/ -- Expedia Group announced today a series of new and expanded travel partnerships across Europe, encompassing B2B technology, advertising partnerships and supply distribution deals, connecting European partners to the company's extensive global traveller base and giving them access to Expedia Group's innovative technology and industry expertise. The deals further cement Expedia Group's presence in the continent and commitment to propel partners to easily capture the attention of high-value travellers from around the world.

Key Points: 
  • Additionally, Expedia Group continues to offer European travel advisors access to a wide breadth of travel inventory, rates, and availability through the Expedia Travel Agent Affiliate Program (TAAP).
  • ADAC - Germany's largest automobile association partners with Expedia Travel Agent Affiliate Program (TAAP), giving ADAC's travel agencies access to Expedia Group's vast inventory of travel products, including hotels, flights, rental cars, and activities.
  • Iberia Airlines: Spain's flagship carrier and leading carrier between Europe and Latin America has expanded its direct New Distribution Capability (NDC) connection with Expedia Group.
  • If you're interested in partnering with Expedia Group, please visit the Expedia Group partner site here .

Sonder Holdings Inc. Appoints Seasoned Hospitality Executives Tom Buoy and Simon Turner to Board of Directors

Retrieved on: 
Thursday, September 28, 2023
Lodging, Other Technology, Technology, Travel, Software, Hospitality, Hotel, Interim, Season, Buoy, Hilltop Holdings Inc., Senior, Marketing, FRHI Hotels & Resorts, Turner, Partner, Four Seasons Hotels and Resorts, Four Seasons, JLL, Deutsche Hospitality, Extended Stay America, Starwood, Investment, Morgans Hotel Group, Entrepreneurship, Management

Sonder Holdings Inc. (NASDAQ: SOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, announced today changes to the company’s Board of Directors, including the appointments of Tom Buoy and Simon Turner, effective October 1, 2023.

Key Points: 
  • Sonder Holdings Inc. (NASDAQ: SOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, announced today changes to the company’s Board of Directors, including the appointments of Tom Buoy and Simon Turner, effective October 1, 2023.
  • Additionally, Buoy served as Executive Vice President & Chief Commercial Officer at Radisson Hotel Group Americas, and was part of the company’s Executive Committee.
  • Additionally, Turner previously served as an independent director of ClubCorp Holdings, Extended Stay America, Watermark Lodging Trust, and Steigenberger Hotels.
  • They both bring to the Sonder Board of Directors deep expertise and experience in areas including executive leadership, operations, revenue generation, and real estate.

Orascom Development Holding AG: Welcomes Stuart Leven as New Chief Executive Officer of Hotels Management Division

Retrieved on: 
Wednesday, September 6, 2023
Orascom Construction, BBC Online, The Leading Hotels of the World, Marketing, Deutsche Hospitality, Massage, GOP, Red Sea, Royal Caribbean Group, Swimming, IHG Hotels & Resorts, Collection, Restaurant, IHG, Executive Committee, Stuart, Tripadvisor, Growth, Commercial, OHM, Travel, CHF, Tourism, Management, Hotel, Chedi

(Altdorf, Switzerland, 6 September 2023): Orascom Development announces the appointment of Stuart Leven as Chief Executive Officer of Orascom Hotels Management (OHM), the wholly owned subsidiary responsible for most hotel operations of the leading international developer of vibrant, integrated communities in Europe, the Middle East and North Africa.

Key Points: 
  • (Altdorf, Switzerland, 6 September 2023): Orascom Development announces the appointment of Stuart Leven as Chief Executive Officer of Orascom Hotels Management (OHM), the wholly owned subsidiary responsible for most hotel operations of the leading international developer of vibrant, integrated communities in Europe, the Middle East and North Africa.
  • Stuart will work closely with Joachim Schmitt, who retains operational leadership of Orascom Development’s portfolio of 33 hotels across three continents, along with responsibility for future new openings.
  • Joachim will take on the newly created role of Chief Operating Officer at OHM.
  • Supported by Joachim’s operational leadership, I’m confident that our hotels business is well positioned to continue building on the impressive growth achieved.”
    Stuart Leven, Chief Executive Officer of Orascom Hotels Management, said: “The visionary scale and masterful complexity of Orascom Development’s integrated towns are remarkable.

The hotel industry is leading the recovery, and the leading Group deserves attention

Retrieved on: 
Tuesday, April 11, 2023
Deutsche Hospitality, The Spring Festival, Insurance, Travel, Marketing, Spring Festival, COVID-19, Tourism, Environment, Commerce, British Chamber of Commerce in Japan, RevPAR, Executive, Face, Industrialisation, German, Policy, Jamaica and the World Bank, Work, Growth, MAXX, Blossom House, ADR, Government, Ministry, Legacy, RMB, Ministry of Commerce (Myanmar), Urbanization, Indo-German Chamber of Commerce, University, World Bank, Movement, Digital technology, EBITDA, GBTA, Economic development, Lifting, City, Ecosystem, WTTC, United States Chamber of Commerce, Cryptocurrency, Airline, Retail, Zhou Jihong, Education

With tourism being a critical aspect of post-pandemic consumption, the hotel industry will play a significant role in restoring and expanding consumption.

Key Points: 
  • With tourism being a critical aspect of post-pandemic consumption, the hotel industry will play a significant role in restoring and expanding consumption.
  • Hotel turnover surged by 10.5% year-over-year to RMB13.1 billion in Q4-22 and increased 9.3% year-over-year to RMB49.6 billion for FY22.
  • The Group exercised reasonable cost control measures, achieving a rental reduction of about RMB300 million in 2022.
  • In the highly competitive hotel industry, hotels can only maintain the leading position in the market by providing differentiated services.

The hotel industry is leading the recovery, and the leading Group deserves attention

Retrieved on: 
Tuesday, April 11, 2023
Deutsche Hospitality, The Spring Festival, Insurance, Travel, Marketing, Spring Festival, COVID-19, Tourism, Environment, Commerce, Arab British Chamber of Commerce, RevPAR, Executive, Face, Industrialisation, German, Policy, Jamaica and the World Bank, Digitalization, Work, Growth, MAXX, Blossom House, ADR, Government, Ministry, Legacy, RMB, Ministry of Commerce (Myanmar), Urbanization, Indo-German Chamber of Commerce, University, World Bank, Movement, Digital technology, EBITDA, GBTA, Economic development, Lifting, City, Ecosystem, WTTC, United States Chamber of Commerce, Cryptocurrency, Airline, Zhou Jihong, Education

With tourism being a critical aspect of post-pandemic consumption, the hotel industry will play a significant role in restoring and expanding consumption.

Key Points: 
  • With tourism being a critical aspect of post-pandemic consumption, the hotel industry will play a significant role in restoring and expanding consumption.
  • Hotel turnover surged by 10.5% year-over-year to RMB13.1 billion in Q4-22 and increased 9.3% year-over-year to RMB49.6 billion for FY22.
  • In the highly competitive hotel industry, hotels can only maintain the leading position in the market by providing differentiated services.
  • Jin Hui stated that the next phase of the Group's management goal would be to bring China's hotel industry to global standards and heights.

H World Group Limited Reports Fourth Quarter and Full Year of 2022 Unaudited Financial Results

Retrieved on: 
Monday, March 27, 2023
Table, Marketing, GAAP, Investment, RevPAR, Policy, Accor, Forecasting, COP27, Conference, ADR, COVID-19, Disclosure, US, PIN, Legacy, Depreciation, Bank statement, ADS, Income tax, Securities and Exchange Commission (Nigeria), Public expenditure, Video game, Cryptocurrency, Pharmaceutical industry, Bookkeeping, Deutsche Hospitality, EBITDA

Selling and marketing expenses in the fourth quarter of 2022 were RMB169 million (US$25 million), compared to RMB183 million in the fourth quarter of 2021 and RMB181 million in the previous quarter.

Key Points: 
  • Selling and marketing expenses in the fourth quarter of 2022 were RMB169 million (US$25 million), compared to RMB183 million in the fourth quarter of 2021 and RMB181 million in the previous quarter.
  • Other operating income, net in the fourth quarter of 2022 was RMB276 million (US$40 million), compared to RMB555 million in the fourth quarter of 2021 and RMB76 million in the previous quarter.
  • Net loss attributable to H World Group Limited in the fourth quarter of 2022 was RMB124 million (US$19 million), compared to RMB459 million in the fourth quarter of 2021 and RMB717 million in the previous quarter.
  • Net loss attributable to H World Group Limited from the Legacy-Huazhu segment in the fourth quarter of 2022 was RMB84 million, compared to a net loss attributable to H World Group Limited from the Legacy-Huazhu segment of RMB419 million in the fourth quarter of 2021 and a net loss attributable to H World Group Limited from the Legacy-Huazhu segment of RMB731 million in the previous quarter.