호텔신라, '법원 조정안' 근거로 인천공항에 '부당이득 반환' 청구
객당 임대료 체계 도입 후 임대료 부담 확대 일반적인 기준과 달라 일부 반환 소송 제기
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호텔신라, '법원 조정안' 근거로 인천공항에 '부당이득 반환' 청구
객당 임대료 체계 도입 후 임대료 부담 확대 일반적인 기준과 달라 일부 반환 소송 제기
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Almost every hotel or resort customer reads guest reviews
New research from Accor in Europe examines the growing importance of guest reviews and ratings when booking a hotel stay.
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Spa Revenue Management: The Art of Pricing Optimization for Spa Services
Effective pricing strategies are the cornerstone of spa revenue management. While price controls are still largely a manual endeavor in the spa industry compared to the more sophisticated automated programs employed for hotel rooms and airline…
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IHG and NOVUM open first co-branded hotel in Germany
IHG Hotels & Resorts and private hotel operator NOVUM Hospitality have jointly opened their first hotel in Germany following a recent partnership.
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Report: Hilton named most valuable hotel brand for 9th year
Hilton, with a brand value of $11.6 billion, has retained its title as the world’s most valuable hotel brand for the ninth consecutive year, according to new data from Brand Finance, the brand valuation consultancy. Hyatt, with a brand value of $6…
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Is my hotel room pricing logical?
Setting the right price for a hotel room can be a straightforward task for some, yet complex for others. Regardless, the key question remains: Is the price point logical?
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“When you think of revenue management, which is the first department that comes to mind?”
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Lodging company chiefs agree: India is the next big play
Hotel company CEOs are some of the most pollyannaish folk in business. The biggest cheerleaders of travel and hospitality have a duty to tell it like they think it is—even if it’s not. Leave the honesty to the hotel developers and lenders…
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The Luxury Sustainability Conundrum
Climate change is one of the most significant challenges society is facing, but we are currently trapped in what feels like a phony war. We know we should act, but there is limited international guidance as to how and little immediate legislation to…
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European Hospitality Industry Faces Looming 'Chain-Ification'
Small, family-owned hotels are still numerous throughout the European hospitality market, but recent investment data suggests the existing status quo is unlikely to last.
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Howdy, partner! Lodging companies to management companies choose partnership over M&A
Sometimes, it’s better to rent or lease than to straight out buy. In homes and cars, yes—what about in the hotel business?
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Occupancy vs ADR, the Never Ending Discussion in Revenue Management
Since the early days revenue management has been applied in hotels, there has been an intriguing ongoing discussion. What drives more value to the business, ADR, average daily rate, or occupancy?
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sbe, Wyndham sign first deals for new brand
Project HQ Hotels & Residences, the “smart lifestyle” hospitality brand announced in January from sbe through an alliance with Wyndham Hotels & Resorts, has finalized a series of deals and strategic partnerships…
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Minor Hotels, an international hotel owner, operator and investor with more than 540 hotels in 56 countries in Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe and the Americas, is pleased to announce the signing of a strategic…
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ITC’s hotel business demerger receives CCI approval
The new arrangement will allow ITC to retain a 40% stake in ITC Hotels, with the remaining 60% to be owned by ITC shareholders.
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What Personalized Hospitality Is and What It Isn't
As a hotel conference speaker opinion writer, I always try to stay up on the very latest innovations and tech solutions, and so I start each day by reading at least a half dozen lodging industry eNewsletters…
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Why the hospitality sector must lead the charge in combating food waste
Hilton’s VP of food and beverage strategy and development for the EMEA region, Emma Banks, shares her learnings on engaging staff and customers in countering food waste.
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PM Hotel Group adds Staybridge Suites McLean to portfolio
US: Management company PM Hotel Group has added Staybridge Suites Tysons – McLean, in Virginia to its portfolio.
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Luxurban hotels CEO and CFO buys $200k in company stock
In a recent move that has caught the attention of investors, Shanoop Kothari, the CEO and CFO of Luxurban Hotels Inc. (OTC:LUXH), has made a significant purchase of company stock. The executive acquired 800,000 shares at a price of $0.25 per share…
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Former Sands Resort Hotel to reopen as “Cornwall’s first coastal aparthotel”
Newquay will welcome what is being referred to as “Cornwall’s first coastal aparthotel” later this year.
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Serviced apartment rates fluctuate, but set for YoY decline: SilverDoor
Global prices for serviced apartments, including major European cities, are expected to fluctuate throughout 2024, according to the latest quarterly report from SilverDoor.
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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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CoStar, hotels slam consumers' ‘fanciful’ room pricing lawsuit
Commercial real estate information giant CoStar and a group of high-end hotels have asked a U.S. judge to dismiss claims that they improperly shared data to keep room prices artificially high, calling the case "fanciful."…
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