Hotel development: Covivio Hotels successfully issues a €500m Green Bond
Covivio Hotels, Covivio's hotel property subsidiary, today announced the successful completion of its €500 million Green Bond issue, maturing in May 2033.
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Hotel development: Covivio Hotels successfully issues a €500m Green Bond
Covivio Hotels, Covivio's hotel property subsidiary, today announced the successful completion of its €500 million Green Bond issue, maturing in May 2033.
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Why going green is not just good for the planet, it’s also good for hotels’ bottom line
Ireland has committed to achieving net-zero emissions by 2050 and all business sectors must be cognisant of this and integrate sustainability into their strategic planning.
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Genting open to casino resort development in UAE, says its chairman
SINGAPORE – Genting Group chairman Lim Kok Thay said the conglomerate is open to pursuing the development of integrated casino resorts (IR) in the United Arab Emirates (UAE), which is looking into legalising gambling…
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More than 1,000 hotels for sale in Portugal
According to calculations made by CASAFARI, during the first three months of 2024, there were 1,038 hotels for sale in Portugal, 31% more than the 791 in the same period of 2023.
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How to find a balance between raising prices and lowering food costs
Ray Villaman, CEO/owner of the Tahoe Restaurant Group, said operators should classify all of their menu items to adjust prices accurately.
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China hotel chain H World begins foray into Thailand
H World Group, a Chinese company operating more than 9,000 hotels at home, will develop markets in Southeast Asia with an eye toward establishing a global chain based on its proprietary platform for reservation and customer management…
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Diversey, Thailand’s hotel housekeepers push for more sustainable practices
More environmentally friendly chemicals, new technologies and a raft of upcycling innovations are being increasingly used behind the scenes in Thailand’s hotel sector.
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The Foundation will concentrate on tackling the sector’s employment challenges by focusing on two levers of action: offering scholarships for hospitality education to talented individuals from disadvantaged backgrounds, and advocating for careers…
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6 characteristics of a successful adaptive reuse conversion
While there is no magic formula or linear one-size-fits-all approach to the adaptive reuse of commercial buildings for housing, the Ankrom Moisan team has come up with a unique framework: “The Rule of Six.”…
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New Destination Sets Sustainability Standards as Wales’ Largest All-Electric Hotel
Wales’ largest all-electric hotel is due to open its doors next month…
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Antitrust Lawsuit Targets Hotel Giants for Alleged Price Fixing with AI
A major antitrust class action lawsuit has been brought to federal court in San Francisco. The lawsuit, filed on Friday, accuses six prominent hotel operators of colluding to manipulate prices for their rooms through the use of AI-powered software…
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Hotel gossip creates career block for hospitality workers
Gossiping hotel staff can cause significant promotion problems for the colleagues they talk about.
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China orders hotels to scrap facial recognition over privacy fears
Authorities in several major Chinese cities have ordered hotels to stop using facial recognition technology to verify the identity of guests in a sign the government is responding to public concerns over privacy, financial news site Caixin reported…
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Hotels are full of oddities: some gross, some space-age. Never before, however, have we come across a bit of hospitality secrecy quite so salacious as this. Revealed on the always-intriguing r/AskReddit forums, a hotel insider has shared a trick of…
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Tiny hotels eye expansion amid high demand, growing eco-tourism market
These tiny hotels are able to pack up and relocate to other unique sites – a mobility factor that can be a huge draw for both new and returning customers, say experts.
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NEW BOOKING.COM SURVEY FINDS TRAVELERS FEEL WEARY, DISILLUSIONED ABOUT SUSTAINABILITY
Booking.com has conducted its annual global sustainability survey, and this year’s results indicate travelers have a tinge of weariness and disillusionment about their attitudes and decisions related to sustainable travel…
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IHG Hotels & Resorts Aims to Boost Guest Loyalty with Salesforce
Salesforce, an AI CRM, announced an expanded relationship with IHG Hotels & Resorts, a global hotel company with more than 6,000 hotels across 19 global brands, to drive guest loyalty through its IHG One Rewards program and unlock efficiencies…
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AAHOA updates 12 Points of Fair Franchising in wake of acquisitions
At last week’s AAHOACON24, AAHOA announced a revision to its 12 Points of Fair Franchising. The revision specifically targeted Point Number 12: Sale of the Franchise System Hotel Brand(s).
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