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Hospitality Industry

Hilton Vienna Stadtpark Sold to South Korean Securities Consortium for €333 Mio

The Hilton Hotel near Vienna's Stadtpark is said to have been sold for €333 million ($375 million) to a Korean securities consortium - Hana Financial Investment Co., NH Investment & Securities Co., and Meritz Securities Co. The consortium is planning a modernization for €66 million ( $75 million).

July 19, 2019

Tourism: Why Does Vienna Need So Many New Hotels?

Tourism in Vienna is booming and the number of overnight stays is rising. New hotels are currently being built all over Vienna, from international hotel chains and five-star palaces to boutique hotels for city travellers, some of which attract with exposed rooftop bars. The Andaz Vienna Am Belvedere and the Max Brown 7th District were recently opened. A further 10 hotels will be completed over the next two years.

July 12, 2019

MOOONS: New Boutique Hotel with Spectacular Rooftop Bar Comes to Vienna

A new boutique hotel with the slogan "No stars just MOOONS" with 170 rooms on eight floors in high-quality design and with a spectacular rooftop bar at the Wiedner Gürtel in the 4th district of Vienna, opposite the new railway station, is to be opened in October 2019.

July 11, 2019 · Sponsored Content

Benko-Hyatt Project - New Luxury Lifestyle Hotel Opens in Vienna in April 2019

The first Andaz Hotel in Austria, the boutique hotel "Andaz Vienna Am Belvedere" at the new Vienna Central Station, opposite the 21er Haus and the Schweizergarten, next to the park apartments at the Belvedere, is to be opened on 17 April 2019. It is the second project and a 50:50 joint venture between René Benko's Signa Group and Andaz Hotels, an affiliate of Hyatt Hotels Corporation.

March 1, 2019 · Sponsored Content

Russia's Yelena Baturina Divests Grand Tirolia Hotel for €45 Mln

The billionaire and wife of Yury Luzhkov, the former Moscow mayor, is selling her Kitzbühel 5-star hotel for 45 million euros to an investor. Rumour has it that the investor is looking for an international operator.

April 10, 2018

26°EAST: Glamorous Opening of New Champagne Bar at Hotel Palais Hansen Kempinski

The new new cocktail and champagne bar 26°EAST was opened in the Palais Hansen Kempinski with a magnificent party. According to General Manager Gerhard Mitrovits, this bar is to develop into an exclusive bar hotspot at the end of the Ringstrasse.

March 17, 2018

Hotel Sofitel Vienna Stephansdom to Shine in a New Design

Different cultures meet in Vienna. The result, which is a fascinating blend of art and architecture is supposed to be reflected in the hotel Sofitel Vienna Stephansdom. The hotel with its 182 rooms and the hotel lobby is currently experiencing a facelift which will be completed soon. Since the beginning of the year the new general manager of Sofitel, Peter Katusak-Huzsvar, has been designing the impressive house in Vienna's Praterstrasse 1 as a lifestyle hotspot for both tourists and Viennese.

March 5, 2018 · Sponsored Content

Starwood Sells Hotel Imperial Vienna for EUR 71 Million

Starwood Hotels & Resorts Worldwide, Inc. announced that it has closed on the sale of Hotel Imperial Vienna, a Luxury Collection Hotel, to Al Habtoor Investment - the investment arm of UAE conglomerate Al Habtoor Group for 71 million euros. As part of the transaction, all rooms and suites of the iconic hotel will be renovated over the next four years. Hotel Imperial will continue to operate as part of The Luxury Collection brand under a new long-term management agreement.

February 26, 2016
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