Holiday negocia con Metrovacesa abrir 70 hoteles en Espana
Article Abstract:
Talks are reportedly underway between Holiday Hospitality (which belongs to UK group Bass) and Spanish estate agent Metrovacesa about setting up a Holiday Inn Express chain in Spain. Plans over a five-year period would be to incorporate some 70 Express establishments into the chain. Three buildings owned by Metrovacesa in Madrid are operated by Holiday. The idea is to compete with the NH Express chain which targets the outer limits of the cities. Holiday Hospitality also wants to develop its Holiday Inn and Crowne Plaza chains. Cities targeted for openings are Valencia, Barcelona and Zaragoza.
Comment:
Is undergoing talks w/ Holiday Hospitality about setting up a Holiday Inn Express chain in Spain
Publication Name: Gaceta De Los Negocios
Subject: Business, international
ISSN: 1134-3931
Year: 1998
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Riu negocia con TUI la toma de gestion de 25hoteles Iberotel
Article Abstract:
Spanish hotel chain Riu Hotels is reportedly in talks with German chain TUI about taking over management of 25 of Tui's hotels in Egypt, Tunisia, Morocco, Bulgaria and Turkey. TUI has a 49% stake in Riu Hotels and both are partners in Riusa-2. The 25 establishments under negotiation have a total 12,500 beds and could begin operating under the Riu name. Some establishments could be in need of repair before taking the name Riu.
Comment:
Is reportedly in talks w/ German chain TUI on taking over management of 25 hotels in Egypt, Tunisia, Morocco, Bulgaria & Turkey
Publication Name: Gaceta De Los Negocios
Subject: Business, international
ISSN: 1134-3931
Year: 1998
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Nutreco lidera la creacion del grupo HendrixMeat
Article Abstract:
An agreement to merge activities in the pork products business has been reached in Spain between Nutreco, Smits Emmen and Murris Meppel. Nutreco will have a 50% stake in Hendrix Meat, the new company, while the other two partners will each have a 25% stake. Over a five-year period, Nutreco aims to take over 100% of the company which hopes to reach a turnover in the first year of Pta 71,250mn.
Comment:
Forms Hendrix Meat under merger of activities in pork products business with Nutreco & Smits Emmen
Publication Name: Gaceta De Los Negocios
Subject: Business, international
ISSN: 1134-3931
Year: 1998
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