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Press Releases from ARCOTEL Hotels (2 total)

ARCOTEL hotels achieve excellent half-year results

The ARCOTEL Hotel AG has closed the first half of 2011 with an impressive increase in the assumed results of 51.41 per cent. Manfred Mayer, CEO of ARCOTEL Hotel AG, announced the half-year results of the Austrian hotel group. With an average occupancy of 73 per cent the nine hotels in Austria, Germany and Croatia have achieved a 6 per cent increase in total revenue. The fact that the assumed results

ARCOTEL gearing up for Chinese tourists

These days, Chinese tourists are placing Europe high up on their list of popular holiday destinations. According to a recent study conducted by the Boston Consulting Group, the number of Chinese travellers to Europe will have increased fourfold by 2020. ARCOTEL has already recognized this growing potential and is consequently gearing up to meet the needs of the new target group. According to a topical study conducted by the Boston

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