HA Daily
January 28th 2012
AC moves into south of France
Poor air connections cost Britain
Chinese airline building in Brussels
Latest HA Perspective
Issue 2 : January 27th 2012
Marriott’s latest (balance sheet) Edition
After much waiting, and a false start, Marriott has got its Edition boutique brand off the ground. But the creation of the new, hip chain has come at a price – the cost of purchasing no less than three of the city centre properties that will open in the near future.
Five key locations were announced last week, in Manhattan, Bangkok, Abu Dhabi, Los Angeles and Gurgaon, India. The five add to previously announced Miami Beach and London locations, while the Edition in Istanbul is already open.
Rezidor and Carlson combine brands
Carlson and Rezidor have announced the formal linking of their businesses under a single banner, Carlson Rezidor Hotel Group. The tie-up cements a 17 year association, and promises to further accelerate the pair’s aggressive growth campaigns, taking their hotel brands into new regions.
Together, the two claim 1,300 hotels in 80 countries across brands from Radisson Blu to Park Inn and Country Inns & Suites, Park Plaza to Missoni.
NH looks to banks for breathing space
Spanish hotel group NH Hoteles is in talks with banks to refinance debt, ahead of a looming February deadline for a €195m payment due on a syndicated loan.
The discussions became necessary following the collapse in December of a strategic deal planned with Chinese investor HNA. The situation was considered serious enough for NH to issue results for the first 11 months of 2011 just before Christmas.
The IHIF Awards - to be held in London on 1st November 2011
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