As markets around the world reel from the turmoil of the COVID-19 coronavirus, companies of all sizes are feeling the effects – perhaps none more so than those in and adjacent to the travel industry.The crisis is forcing companies to reevaluate many…
Access Point Financial Provides $11M in Financing for Sheraton Chicago Northbrook Renovation
CHICAGO – Access Point Financial, LLC (APF), a leading direct lender and specialty finance company focused exclusively on the hospitality industry, today announced the completion of an agreement with a Chicago-based ownership group to provide $11 mi…
AccorInvest becomes a new Orbis’ strategic investor
Last December, AccorInvest announced its intention to acquire up to 100% of Orbis SA shares by way of a public tender offer, which is now finalized and AccorInvest owns 98.6% of Orbis S.A.We are thrilled to integrate Orbis which has a great portfoli…
US ‘Europe’ travel ban likely to spark confusion and major disruption, says GlobalData
Following the news that the US has suspended arrivals from 26 European countries in a bid to tackle the coronavirus outbreak; Ralph Hollister, Travel & Tourism Analyst at GlobalData, a leading data and analytics company, offers his view: “With over …
10 Questions with COMO Group’s CEO Olivier Jolivet
Stepping into his role as the Chief Executive Officer of COMO Group, Jolivet pushes the status quo with exclusivity and novelty in experiences. Under his wing, COMO Group – which owns COMO Hotels and Resorts – recently welcomed the brand’s first pro…
The Life-Changing Magic of Giving Up In Emergencies and Beyond
Well, here we are with a widespread global emergency on our hands (no hand washing pun intended). While an economic downturn was predicted for this year, an abrupt shut down was not. Everyone is cancelling plans (government-imposed or otherwise), st…
IHG® opens second Hotel Indigo® in Spain’s capital Madrid
IHG®, one of the world’s leading hotel companies, today announces the opening of Hotel Indigo® Madrid Princesa. Within walking distance of one of Madrid’s main shopping districts, Calle de la Princesa and located next to one of the local’s favourite…
Three Lessons for Hotels from the British Royal Navy
They used to say that the sun never set on the British Empire, and I would hope the same for your hotel! Despite being a relative backwater island rife within internal struggles during the Middle Ages, somehow the United Kingdom rose up to a global …
Guy Harvey Resort Adopts OPERA Cloud to Accelerate Hotel Innovation
Data security issues – especially in an era of headline-grabbing, business-crippling cyberattacks – often serve as motivation for a move to cloud. In fact, just a threat of a breach, prompted Guy Harvey Resort St. Augustine Beach to make the switch….
Guy Harvey Resort Adopts OPERA Cloud to Accelerate Hotel Innovation
Data security issues – especially in an era of headline-grabbing, business-crippling cyberattacks – often serve as motivation for a move to cloud. In fact, just a threat of a breach, prompted Guy Harvey Resort St. Augustine Beach to make the switch….