Twelve inspiring individuals have been selected from over 314,000 applicants from around the world to Live Anywhere on Airbnb for approximately one year. The final 12 participants, all with diverse backgrounds from 9 countries, share an adventurous …
HVS Monday Musings: Future of Hotels – the Rise of Smart Tech is Reshaping the Sector
The Indian hotel sector has been slow to jump on the bandwagon, putting cutting-edge technological advancements on the backburner for years due to the costs involved. Before the ongoing pandemic, a few hotel properties in India had introduced smart …
Europe Hotel Transactions Bulletin – Week Ending 27 August 2021
Hyatt to acquire Apple Leisure Group for $2.7 billion US-hotel giant Hyatt has agreed to acquire luxury resorts operator Apple Leisure Group for $2.7 billion. Apple Leisure, owner of the Secrets, Dreams, Breathless, Zoëtry and Sunscape resort brands…
Hospitality Financial Leadership – Critical Importance of Accruals and Deferrals
A lot gets written about certain things in the hotel industry and others not so much as a mention. I am not saying it is simply a matter of blatant favoritism or anything like that but it is not lost on me that certain items get the limelight. In th…
More Than a Third of Investors are Looking to Buy More Hotels in Europe
Cushman & Wakefield Survey Reveals More Than A Third Of Investors Are Looking To Buy More Hotels In Europe 50 investors surveyed collectively invested over EUR 26 billion over the last five years, accounting for approximately a quarter of all hotel …
In Vino Veritas LXXXV: Stocking a Region’s Signature Grape
While most oenophiles can recite a litany of grape varietals and their traits off the cuff, most consumers aren’t nearly as informed. They’ve likely heard of the top international grapes that have been transplanted around the globe as well as one or…
Have you heard of the term ‘Bleisure’?
Bleisure is a combination of the words ‘business’ and ‘leisure’ and, with that in mind, bleisure travel refers to the concept of combining professional business travel with personal leisure time. Before the pandemics we usually heard of business tra…
AAHOA Statement on Human Trafficking Awareness Program Updates and Enhancements
In response to a constantly changing landscape around human trafficking prevention in the lodging industry, the Businesses Ending Slavery and Trafficking (BEST) Inhospitable to Human Trafficking Training Sponsored by AAHOA program recently underwent…
Summer 2021 assessment: The French hotel industry is finally going through a better period
The French hotel industry was counting on the end of health restrictions to finally reboost the activity. That’s a done deal, as summer 2021 was much better than in 2020: +47% in turnover for the period from July 1st to August 21st, even if this is …
Three Ways Travel Brands Can Capitalize On Pent-up Demand
With pandemic restrictions easing in some areas, consumers are ready, and excited, to travel again. Many people are fully vaccinated, tired of being at home and have been saving funds and travel miles to spend on their first opportunity to “revenge …