The future of a planned five-star hotel in Vienna is uncertain after Asian hotel chain Shangri-La pulled out.Real estate developer Bauträger Austria Immobilien GmbH (BAI) said today (Weds) it was “totally surprised” about Shangri-Las decision to cancel their contract, saying the cooperation has so far been “very good”. BAI made clear: “The contract cannot be […]
Tag: Imperial
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 […]