Author: Admin

Among the many delicious scenes from the movie “Goodfellas” is one where the characters of Ray Liotta and Joe Pesci burn down a restaurant because its credit has run out, putting an end to their graft. “And then finally, when there’s nothing left, w…

(CNN) — For most people, the coronavirus pandemic has meant fewer travel options. Not so for super-rich families who are increasingly using their money to cross borders that would otherwise be closed to them. This is the elite world of investment mi…

The threats of the ‘novel’ Coronavirus have been very real and palpable. And so imposing in their magnitude, reach and penetration! While other outbreaks have been sizeable too and have unleashed big enough havoc; yet they seem to have been region s…

With vast numbers of food and beverage outlets having to temporarily close their doors to keep the COVID-19 pandemic at bay, restaurants, bars and cafés alike have had to adapt to survive. In response to the abrupt loss of dine-in guests, the more f…

Pre-pandemic, the operative model for many hotels was to generate core earnings through the rooms division with more-or-less break even or slightly positive support from one’s F&B offerings. With the onsite dining experience heavily compromised by C…

LMEY Investments acquires Thomas Cook’s 50% stake in Westfort Capital Netherlands-based hotelier LMEY Investments has completed the acquisition of a 50% stake in Westfort Capital for an undisclosed price from Thomas Cook Group Tour Operations (which…

Most hotel chains have already ventured into food delivery and laundry services to entice customers in the current scenario. Food Delivery: Food takeaway and delivery business was one of the first opportunities that hotels leveraged amidst the pande…

Nokomis – Capsolve, a leading provider of Research and Services, has released its first series of research reports as a complimentary resource to the industry. The reports include an overview of the software, services and equipment that exist within…

Key Points: New research – published in the July edition of The Hotelier PULSE Report, co-authored by Guestcentric & Great Hotels of The World, reveals a 25,52% decrease in European hoteliers expecting to financially recover to 2019 levels in 2021. …

Signed a binding agreement to acquire 100% shareholding in ELEL Hotels and Investments Limited (ELEL) for the iconic Sea Rock hotel Restructured holding of Taj Cape Town, which becomes a wholly owned subsidiary of IHCL, by acquiring 50% of holding i…