Mentoring: An Important Source of Training

With the tremendous growth of the lodging industry over the last three decades, the industry’s ability to develop competent management staff has been severely strained. The educational institutions that focus on the industry, whether they are two- o…

STR: Europe hotel performance for August 2020

Europe’s hotel industry reported its best performance levels since February, according to August 2020 data from STR.Euro constant currency, August 2020 vs. August 2019 Occupancy: -44.6% to 43.0% Average daily rate (ADR): -13.0% to EUR103.95 Revenue …

European Hotel Investment Market: H1 2020

When Warren Buffett’s Berkshire Hathaway sold all of its airline stocks in April, it appeared as an affirmation to some investors that the future of travel was on the rocks – while for others, it reignited discussions on whether the widely respected…