News

10
Dec

Croatian Company Develops Artificial Intelligence for Hotel Guests

One Croatian company has developed a type of artificial intelligence purely for hotels, and as of next summer, various hotels belonging to the Jadranka Group will have the brand new system made available for their guests from around the world. ”Alexa, what can I do today?” a guest of the Lošinj Bellevue Hotel will soon be able to ask. ”You can go and visit Susak and Ilovik, or visit the wellness pool. In the evening, I’d suggest going to the Matsunoki Japanese restaurant,” Alexa, Amazon’s virtual assistant, will respond. As Novac.hr/Filip Pavic writes on the 10th of December, 2018, no,...
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27
Nov

AccorHotels makes $500 million offer for rest of Poland’s Orbis

(Reuters) – France’s AccorHotels (ACCP.PA) plans to buy the rest of Poland’s Orbis (ORBP.WA) for 1.9 billion zlotys ($501 million) to strengthen its position in Central Europe. Accor will make a cash tender offer priced at 87 zlotys per share to buy the 47.31 percent outstanding stake in Orbis that it does not already own, it said on Monday. It bought a 20 percent stake in Poland’s top hotel operator in 2000, raising this above 50 percent eight years later. Orbis, established in 1920, is now the largest hotel operator in Central and Eastern Europe with a portfolio of 128...
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13
Nov

Jin Jiang acquires majority stake in Radisson Hospitality

A consortium led by Shanghai’s Jin Jiang and SINO-CEE Fund—a private equity fund incorporated in Luxembourg—entered into an agreement with Radisson Hospitality and HNA Sweden Hospitality Management AB—an indirectly wholly owned subsidiary of HNA Tourism Group—to acquire 50.21 percent of Radisson’s shares. The acquisition was facilitated through Aplite Holdings AB, with 87,552,187 shares trading to the consortium for 35 Swedish Crowns per share, or US$3.86. John M. Kidd, CEO and COO for Radisson Hospitality, was in Asia for the closing and was unavailable for comment as of press time. He issued the following statement instead: “This marks yet another incredible...
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7
Nov

Amsterdam named the most attractive European city for hotel investment

Investors have named Amsterdam as the most attractive European city for hotel investment for the third year in a row, according to the 2018 European Hotel Investment Survey from Deloitte. The findings, based on responses from 122 senior hospitality figures from across the world, are revealed ahead of the 30th annual European Hotel Investment Conference taking place in London this week. Investors go Dutch for the third year; London climbs to the second Amsterdam continues to be seen as the most attractive hotel investment destination in Europe, with more than a third of respondents (34 per cent) ranking the Dutch capital top....
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30
Oct

Canopy by Hilton Opens Doors in Croatian Capital

ZAGREB and MCLEAN, Va. – Today, Canopy by Hilton, Hilton’s (NYSE: HLT) lifestyle hotel brand, announces the official opening of its first hotel in continental Europe, Canopy by Hilton Zagreb. The hotel, which joins Canopy by Hilton Reykjavik in the brand’s European portfolio, is situated in the heart of Croatia’s capital, near the city’s main rail station and the upcoming Branimir Centar shopping mall. Guests can grab a complimentary Canopy Bike and explore the many nearby attractions, where there are shops, restaurants, and nightlife in every direction. With more museums per capita than any city in the world(1), and with...
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