Global Hospitality Report (December 8, 2014)

Hotel Wellness Programs Can Boost ADR and Valuations Without Breaking the Bank 
By Andrew Cohan

Industry news frequently shares articles and insights describing health and wellness initiatives in hospitality. With minimal investment, hotels can sharpen their wellness profile and even their valuation.

In Focus: Pozzuoli, Italy 
By Themis Trakas and Ezio Poinelli

This article introduces the town of Pozzuoli, Italy with its significant history and upcoming tourism infrastructure developments.

Market Pulse: Tallinn, Estonia 
By Nikolas Pavlidis

This summary article highlights the recent tourism trends in Tallinn, Estonia.

HVS Assists GBH in Bringing the First Hilton Hotel to the Lake of Como, Italy  

GBH S.p.a., an affiliate of the Limonta Group, has signed a management agreement with Hilton Worldwide for a 162-room hotel on the Lake of Como, Italy. The new hotel, Hilton Lake Como, expected to open in early 2017, will be located in the centre of Como, within a mixed-use development adjacent to the historic Villa Olmo and Cernobbio. HVS Milan assisted GBH in defining the hotel concept, performing the feasibility analysis and with operator selection. On this occasion, G.B. Limonta, President of the Limonta Group, said: “We are proud of the agreement we have reached with Hilton, one of the most prestigious hospitality brands in the world, with the support of HVS. This new hotel will add to Como’s existing allure and further promote it as a destination to international visitors.”

Malaysia Chairs ASEAN 

Malaysia’s Prime Minister Najib Razak will assume leadership of ASEAN on 1 January 2015. Malaysia will head key initiatives such as, developing ‘Post 2015’ - a ten-year roadmap for ASEAN, and negotiations for Regional Comprehensive Economic Partnership (RCEP), which will be the world’s largest free trade agreement. Other issues at the forefront include tensions at the South China Sea, between China, Vietnam & Philippines, which had the previous Secretary General of ASEAN Le Luong Minh citing the gap between political commitment and action, impeding resolution to the issue. Observers continue to keep watch of Malaysia’s plans to resolve tensions at the South China Sea, having addressed the issue quietly in the past in a bid to maintain good relations with China. Malaysia’s overarching objective for ASEAN is to ‘steer ASEAN closer to the people of Southeast Asia’ under its leadership.

MEININGER and Fonciére Des Régions Form Strategic Investment Partnership  

Hybrid hotel brand MEININGER Hotels has announced that it has formed a strategic investment partnership with Fonciére des Régions for the expansion of the brand throughout Europe. MEININGER is to source opportunities for new hotels, which will be financed by Fonciére and managed by MEININGER under its own brand in a lease structure. The main gateway cities to be targeted are Amsterdam, Barcelona, Brussels, Berlin, Geneva, Hamburg, Frankfurt, London, Madrid, Milan, Munich, Paris, Rome, Vienna and Zürich; other Western and Eastern European cities will also be part of the expansion plan. "MEININGER's aim is to operate an 'urban traveller's home' in every major European city," said Navneet Bali, chief executive of MEININGER Hotels.


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