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British millionaire property developer Patrick Diter and his wife, Monica, wanted to buy a villa in Tuscany…
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IHG Hotels & Resorts has refreshed its branding and restructured its brands into four collections…
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Horwath HTL decided to start collating industry support measurements on a country by country basis so that we can create a best practice benchmark that shows the different approaches.
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Starwood Capital Group has named Arash Azarbarzin CEO of its SH Hotels & Resorts subsidiary, which operates the 1 Hotels, Baccarat Hotels and Treehouse Hotels brands.
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The American Hotel & Lodging Association (AHLA) released “AHLA’s State of the Hotel Industry 2021” outlining the forecasted state of the hotel industry in 2021 and into the immediate future…
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The end of 2020 is not the end of the problems for the global hotel industry, but it does bring hope on the wings of a vaccine that, in time, could be a panacea for wait ails it: fear.
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Expecting a tidal wave of distressed selling and recapitalizations at 30-50% discounts to pre-COVID values, the private equity industry raised an unprecedented amount of capital in the early months of the pandemic…
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The hotel industry’s geographic revenue bright spot during the pandemic is even grappling with second surge setbacks.
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Marketing efforts at airport hotels are targeting specific groups of travelers such as remote workers, staycation guests, construction crews and front-line workers. With U.S…
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Hotel executives on a webinar hosted by HVS and The Lodging Conference discussed adjusting operations, needed liability protection and the benefits of bleisure travel.
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The Best Western Hotel in the London suburb of Croydon would normally be packed with visiting families, out-of-town construction workers, and business travelers.
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Premier Inn’s owner Whitbread says that around 1,500 staff have left the business as a result of travel restrictions and decreased demand caused by Covid-19.
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With leisure stays dominating hotel demand due to the pandemic, some hotels, especially those in the U.S. top 25 markets, have seen a trend in stronger Thursday demand.
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Hospitality will be permanently altered by the pandemic. Here’s how one hotel group is handling it
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This pandemic world has really changed everything: The new year brings the unlikeliest of travel marriages between a timeshare company and one of the industry’s leading media brands.
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Paris Inn Group wants to be the third-largest operator and owner in France and Europe and has restructured to seek equity, revenue increases and the expansion of its luxury Maison Albar Hotels brand.
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“A VUCA world”, “a VUCA environment”, “VUCA leadership” and even “vucability”. These seemingly insightful phrases beg the question: What is VUCA?
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From the rebound of key hotel performance metrics to the potential return of group demand and international travel, the U.S. hotel industry could take its first steps on a long road to recovery in 2021…
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Yahoo Finance’s Alexis Christoforous and Chip Rogers, President and CEO of AHLA, discuss the COVID-19 impact on the hotel industry.
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The decision to move London into Tier 3, the highest level of COVID-19 regulations, has hoteliers worried this could be the final straw for the capital’s hotel industry, and sources argue that hotels should not be penalized…
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The hospitality industry was battered by Covid-19 in 2020. During the worst part of the pandemic, around 3,000 out of 5,000 of the hotels in Accor Group’s network were closed. Today, almost all of them are open again…
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By 2025, over 85 million existing jobs will be lost due to the seismic shift toward robotization and automation, according to estimates in the "Future of Jobs Report 2020" published by the World Economic Forum…
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Executives at Hilton, Marriott International and Goldman Sachs say now is the time to take advantage of the opportunity to build out a diverse portfolio by snatching up bargained assets and developing at lower costs…
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"Here's the bottom line..." It's a familiar turn of phrase that is succeeded by the speaker getting to the sum or crux of the issue—the overarching point.
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