Denmark: Hotel project to be shelved due to WTC attack
Article Abstract:
The terrorist attack in the US will have an indirect impact on hotel construction as the demand for hotels is anticipated to fall following a drop in travel. As a result of this Rica Hotels ASA, the Norwegian hotel chain, has decided to cancel its plans to set up a hotel at Bella Center in Copenhagen, Denmark. What is more, Intercontinental, Holiday Inn and Crowne Plaza have given up all development plans for new hotels world-wide. The seven hotel projects in Copenhagen that are still on the drawing board are expected to be delayed apart from the Keops hotel project in Orestaden.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
DENMARK: HOTEL PROJECTS HALTED IN COPENHAGEN
Article Abstract:
Major changes are anticipated for hotel construction in Copenhagen. Five hotel projects including Fields in Orestaden, Norway's Rica chain's hotel near Bella Center and two Choice hotels near Vesterport Station are in jeopardy. At the same time, five new projects are being planned. For example, Tivoli is planning to set up a luxury hotel and TK Development is planning to set up a hotel in Sydhavnen to be included in the Norwegian Choice chain.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
Denmark: New property index to be introduced
Article Abstract:
The Property Owners Association of Denmark is to introduce a new index, named the Danish Property Index, on September 27. The index will make it possible to make comparisons between property earnings and earnings from other financial activities.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Denmark: Novo to co-operate with French firm in Algeria. Denmark: Novo to launch a new insulin pen. DENMARK: NOVO'S INHALEABLE INSULIN SUITS SMOKERS
- Abstracts: Denmark: Unit Link - an unknown concept. Denmark: Unit-linked funds to be examined. DENMARK: INSURANCE COMPANIES OFFER INTERNET-SHOPPING
- Abstracts: Denmark: Denmark to identify anti-terror industry. Denmark: Ditas and Dendek plan a merger
- Abstracts: Malaysia Inc.: bailout or accountability? Malaysia seeks anthrax clues to suspicious letter. Cyber-talent leaves Malaysia; Internet entrepreneurs look to Singapore for potential investors