Hotel Sacher head may snare rival

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Business

Some of Austria’s most prestigious hotels may get a new owner in the near future, according to reports by business media.Weekly magazine Format claims today (Fri) Hotel Sacher boss Elisabeth Gürtler has signalised interest in taking over Hotel Bristol. Both the Sacher and the Bristol are five-star establishments situated in the city centre of Vienna. […]

Hotel Sacher boss eyes rival’s €85mn stake

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Business

Hotel Sacher boss Elisabeth Gürtler has set her sights on a leading hotel management group, it has emerged.Austrian business newspapers report today (Tues) that the businesswoman is considering acquiring the 52.1 per cent stake that the B&C Holding is currently holding in the Imperial Hotels Austria AG.Such a move would put Gürtler in charge of […]

Spanish Riding School ‘gallops towards bankruptcy’

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Business

Vienna’s famous Spanish Riding School (SRS) has caused a media storm with reports today (Tues) claiming the institution suffered losses of 400,000 Euros last year.Two of the SRS’s four head riders suspended from work in 2009 after being at odds with SRS boss Elisabeth Gürtler were still on full wages report the dailies and says […]