news update
Taj Hotels pulls out of management contract
Tata Group-controlled Taj Hotels has terminated its management contract for the Taj Palace Marrakech after two years of operation. Owned by JK Hotels, the 161-bed hotel opened to guests in November 2012 under Taj management. The property also features a Taj- operated Jiva Spa. Before Taj, the resort was orig- inally due to be operated by the Mandarin Oriental Hotel Group. The Taj portfolio now stands at 14 international properties, two of which are in Africa – the 193-bed Taj Pamodzi in Zambia and the 166-bed Taj Cape Town in South Africa.
Read more:
http://lei.sr?a=d6W7k_S
Moroccan state-owned thermal spa projects revealed The Vichy Spa International project will include a hotel and spa with 68 treatment rooms
Sothermy, a subsidiary of CDG – the Moroccan state-owned fi nancial institution that manages the country’s long-term sav- ings – is developing a hot springs spa and hotel plus a public thermal bathing facility in Moulay Yacoub, one of the provinces of Fès-Boulemane in Morocco. Sothermy (Société Thermo-medicale de Moulay Yacoub) was created in 1979 to manage Moulay Yacoub’s collection of thermal facilities. Its fi nance is primarily
Saunas will face a ‘luxury tax’ in July
German public saunas face increased taxes
Operators of public saunas in Germany say they’ll struggle to make ends meet if the rate of tax they pay is increased from 7 per cent to the full value of 19 per cent. Access to saunas is soon to be
classifi ed as a luxury by the German government, and will therefore be taxable at a higher rate. Industry suppliers and associa- tions gathered at the Interbad trade fair in Germany in October to plan a campaign against the tax that’s due to come into effect in July 2015. They said that the tax hike cannot be absorbed by operators due to the extremely high energy costs in running thermal facilities, but that higher admission prices may lead to huge losses in customers.
Read more:
http://lei.sr?a=E1m6l 24 South Korea reveals plans for a US$275bn super city
An 80sq km (31sq mile) super city in South Korea, that’s three times the size of Macau, is set to boast a wide range of leisure facilities including a medical- themed ‘healing town’, a theme park, casinos and luxury hotels. An estimated US$275bn (€202bn, £160bn) will be used to convert the small island of Yongyu-Muui, near Incheon International Airport, into a tourism hub that will attract up to 134 million visitors – mostly from China and Japan – a year. Not expected to open until 2030, the
‘8City’ site is being designed by UK-based architects Foster + Partners and is shaped like a fi gure of eight – a number which symbolises good luck in Chinese culture. A special-purpose company called Eightcity was set up in December 2011 to develop the site. Investors include Kempinski, Korean Air, Daewoo Engineering & Construction and C&S Corporation.
derived from CDG Development and from municipalities in Fès-Boulemane. The new spa and hotel will be operated
by Vichy Spa International and the new public bathing centre will be managed by Sothermy, which owns the whole complex. The Vichy International-operated 100-
key hotel will feature a 68-treatment room health spa and the public bathing facility will comprise 44 individual thermal baths. Read more:
http://lei.sr?a=j9W2U_S
8City will be designed by Foster + Partners and include a medical-themed ‘healing town’
Other features for the proposed city include a Formula One race track and a ‘hallyu town’ showcasing traditional Korean entertainment.
It will create an estimated 930,000 jobs and has been described as the single largerst tourism project in the world. Read more:
http://lei.sr?a=v3G4e_S
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SHUTTERSTOCK.COM/ROBERT KNESCHKE
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