BARCELONA, Spain, December 2, 2024 – Shiji, the global leader in hospitality technology, announces the formation of the Shiji ReviewPro Customer Advisory Board in Barcelona. This advisory board, composed of leading hospitality brands such as Barceló Hotel Group, Iberostar Hotels & Resorts, Kempinski Hotels, Meliá Hotels International, Minor Hotels, Pestana Hotel Group, and Radisson Hotel Group, aims to redefine reputation management and improve brand performance across the global hospitality landscape.
HFTP Introduces USALI Stamp Licensing Program
Hospitality Financial and Technology Professionals (HFTP®) has introduced a new program to identify authorized providers of software products and services which use elements from the Uniform System of Accounts for the Lodging Industry (USALI™), a guidance for standardized industry financial reporting and analysis. HFTP has recently released the USALI 12th Revised Edition, which has a focus on increased reporting transparency. The mandatory adoption date for this edition is January 1, 2026; however, companies that choose to do so may adopt sooner.
Can You Deliver What You Promised? Expectations vs. Reality
We all have that one friend who excels at sales—the kind of person who’s smooth with words and can make you believe anything, regardless of the topic. They set high expectations, but eventually, you’re left to face reality (see Figure 1).
Madrid welcomes the exceptional as Radisson Collection debuts in the heart of the capital, in the iconic Generali building
Radisson Hotel Group is delighted to welcome the exceptional to Madrid, with the debut of the first Radisson Collection property in Spain’s vibrant capital. This iconic hotel is set to open in 2027, redefining luxury hospitality in Madrid. The hotel will be located on Alcala Street, one of Madrid’s most prominent avenues in the prestigious Canalejas area, surrounded by renowned luxury brands such as Hermès, Louis Vuitton, and Cartier.
Is the Hospitality Industry Ready for a “Report-less” World?
The hospitality industry is no stranger to the complexities of managing vast amounts of data, often leading to an overwhelming need for bespoke reports. These reports, designed to address specific operational or strategic questions, have long been a cornerstone of hotel management. However, the emergence of Generative Pre-trained Transformers (GPTs) and large language models (LLMs) is reshaping how hoteliers’ access, interpret, and act on data, challenging the traditional reliance on thousands of customized reports.
IHCL Unveils ’Accelerate 2030’ Strategy
The Indian Hotels Company Limited (IHCL), India’s largest hospitality company, today announced its comprehensive strategy for 2030. Under the plan, IHCL will expand its brandscape, deliver industry- leading margins, double its Consolidated revenue with a 20% return on capital employed and grow its portfolio to 700+ hotels while building on its world-renowned service ethos.
COMO Group Launches a New Cookbook
When Singaporean entrepreneur Christina Ong launched her first hotel in London in 1993 at The Halkin, it was with a passion for delivering exceptional cuisine inspired by the places she loved most from her travels in the fashion industry. Two years later, The Halkin’s restaurant by Stefano Cavallini received the first ever Michelin star for an Italian chef outside the country’s borders.
Hospitality leaders explore strategies to accelerate the commercialisation of sustainability at HSMAI Europe Fall Curate
Strategies to accelerate the commercialisation of sustainability in the hospitality sector were intensely debated by industry leaders at the HSMAI Europe Fall Curate, held on November 7 th at The Chesterfield Mayfair Hotel in London.
Sustainability is important to three in four European travellers
Europeans anticipate travelling more frequently and spending more on travel in 2025, according to a new research report from Accor, a global leader in hospitality. But the industry faces a pressing need to address sustainability challenges arising from this growth and to help travellers turn good intentions into good choices.
Travelodge Group Q3 performance in line with expectations against the market backdrop
Travelodge Group, the UK’s first budget hotel brand which operates more than 600 hotels, today announces its results for the nine months ended 30 September 2024. Travelodge delivered a 0.5% increase in revenue to £786.1 million (2023: £782 million), reflecting resilient market demand from its diverse range of leisure and business customers, albeit with a more challenging rate environment. The Group reported a comparable Group EBITDA of £187 million and Travelodge OpCo delivered a comparable EBITDA of £178 million (2023: £195.2m), while navigating ongoing inflationary pressures, including successive increases in the National Living Wage, rent reviews and energy costs.