Whitbread, the owner of the Premier Inn and hub by Premier Inn hotel brands, has opened the doors to its latest addition to Oxford – a new 123-bedroom Premier Inn at Botley. The hotel, which welcomed its first guests on Friday (16th April), is the o…
Key performance metrics for hotels and how to calculate them
To thrive in an unpredictable business environment is no mean feat. The dynamic nature of things makes it imperative for entrepreneurs to keep a constant check on their performance and to measure themselves against well-established indicators of suc…
GBTA Poll: Positive Momentum Continues For Return To Business Travel
The Global Business Travel Association (GBTA), the world’s largest business travel association, today issued the findings from its 18thCOVID-19 poll assessing the impact of the pandemic and the road to recovery for the business travel industry. Near…
Marriott Leans Into Superapps to Build Up Loyalty
Marriott International will apply lessons learned from its Alibaba joint venture in China to boost numbers for its Bonvoy loyalty program elsewhere, because local knowledge goes a long way. The pandemic forced hotel groups to get creative when it co…
The 5 Do’s and Don’ts of Digitisation
In order to guarantee the sustainability of the hospitality industry, all organisations, big and small, should be looking at efficient and cost-effective ways to future-proof their business through digitisation, however there are five key considerat…
2021 revenue of €361 million down 48% like-for-like
64% DECLINE IN REVPAR VS. Q1 2019 ORGANIC OPENINGS AT 7,100 ROOMS EBITDA SENSITIVITY AND CASH BURN INDICATORS CONFIRMED First-quarter Bazin, Chairman and Chief Executive Officer of Accor, said: “There were no surprises in our first-quarter performan…
Will the lodging industry’s supply growth outpace demand growth?
The COVID-19 vaccination rate is climbing steadily in the U.S. At its current rate, three in four people, or 75% of eligible residents, will be vaccinated by June. Businesses are reopening. The U.S. economy is now operating at 88% of its pre-pandemi…
Using Tech To Source Quality Workers When Guests Return
Your reputation and revenues will suffer if you don’t address this staffing issue right now before guests start booking again and you have your hands full. In the antecovidian times, most of these variable labor requirements were solved through the …
OTA Insight expands partnership with Leading Hotels of the World
London, Denver & Singapore, April 22nd, 2021 – OTA Insight, the cloud-based data intelligence platform for the hospitality industry, today announced its partnership as the preferred business intelligence provider to Leading Hotels of the World (LHW)…
UCF’s Hospitality School Ranks Among World’s Top 5 — Again
Orlando, FL (April 21, 2021) — For the fifth consecutive year, UCF’s Rosen College of Hospitality Management is ranked among the top five best hospitality and hotel management schools in the world, by CEOWorld magazine. The college, which is less th…