Insurer Axa loses in dispute over restaurant closings

Waiter with a mask Bars and restaurants have been closed in many countries to slow the spread of the corona virus. (Photo: Bloomberg) Paris The French industry giant AXA has suffered a defeat in the dispute over business closure insurance for hotels and restaurants in the corona crisis. A commercial court awarded the operator of […]

Airbnb cuts every fourth job worldwide

San Francisco, Dusseldorf Apartment broker Airbnb has announced that it will cut its workforce by 25 percent in the corona crisis. Around 1,900 employees worldwide are affected, CEO Brian Chesky wrote in an email to the staff this Tuesday, which the Bloomberg news agency referred to. “We are going through the worst crisis of our […]

Corona crisis weighs on the hotel property market

Erfurt In addition to the retail trade, the corona shutdown in Germany does not affect an industry as hard as restaurateurs and hoteliers. For weeks, hotels have had to deny their overnight accommodations to all tourists. And it seems to remain for the time being: Minister of Economics Peter Altmaier announced on Tuesday in the […]

Trump’s company is exploring support

Trump International Hotel Trump’s Washington hotel still accepts guests, but the company has closed the restaurants. (Photo: AP) new York The corona crisis also affects the Trump organization, the family business of US President Donald Trump, which includes a number of luxury hotels and golf clubs. Financial circles say that the first informal talks are […]

Hotelier of the year: Mack family that founded Europapark

Mack family Michael Mack (2nd from left), Thomas Mack (3rd from left) and Ann-Kathrin Mack were honored. (Photo: imago / Mandoga Media) Berlin Awards are still in vogue in the hotel scene. Accordingly, the decision announced on Monday evening in Berlin about the “Hotelier of the Year” was eagerly awaited. For 2020, the expert jury […]