In what has been the most actively watched hotel-firm financial restructuring of 2020, Travelodge (United Kingdom) has retained the majority of its hotels under its new company voluntary arrangement, but is seven-year CEO Peter Gowers will leave at …
IHG® opens dual-branded hotel in the heart of Poland’s capital
IHG® Hotels & Resorts, one of the world’s leading hotel companies, today announces the opening of Crowne Plaza® Warsaw – The HUB and Holiday Inn Express® Warsaw – The HUB in the heart of the dynamically developing business district, Rondo Daszyńskie…
The 7 Principles Of Food And Beverage Yield Management To Reach Profitability
It is very common that hoteliers and food & beverage professionals tend to generate revenue eventually. However, there is an underlying procedure to generate profit from the revenue obtained. This fact has a great emphasis on the ability of the team…
World Travel Awards announces 2020 World winners
World Travel Awards – the global initiative to recognize and reward excellence in travel and tourism – has unveiled the 2020 winners of its World categories. Winners include Maldives, which cemented its reputation as the definitive secluded sanctuar…
The Best Ways to Disinfect Your Hotel Room During the Pandemic, According to Health Experts
Travel remains complicated while the COVID-19 pandemic continues around the world, and the Centers for Disease Control and Prevention (CDC) still recommends staying home for your own safety as well as for others. But if you do decide to travel, loca…
Larry’s Post-BITAC Webinar Interview with Dennis Nessler
Following a BITAC webinar presentation titled, “The Future of Technology for the Post-Pandemic Hotel” which outlined five key ways that hotels can upgrade their tech stack right now to improve operational efficiency heading into 2021, Larry conducte…
Hospitality Financial Leadership – A Bit About “You Sally”
By someone’s estimate there are roughly one million hotels in the world. I take it that number includes all the different kinds of hotels from small inns and hostels all the way up to your full-service multi-outlet mega hotel operations. For simple …
How big of a threat to the hospitality industry, if at all, is Airbnb’s upcoming IPO?
The imminent IPO of Airbnb can be seen as both a threat and an opportunity for the hospitality industry. The prospect of its continued expansion is a timely warning to hotels that there’s no room for complacency when it comes to monitoring all compe…
Europe Hotel Transactions Bulletin – Week Ending 27 November 2020
Accor to merge lifestyle brands with Ennismore Accor has announced it is merging its lifestyle brands with London-based group Ennismore, owner of The Hoxton hotel chain. The new entity, which will operate under Ennismore’s name, will be two-thirds o…
Sustainability In Tourism: The Socio-Cultural Lens
In October 2020, EHL hosted its annual Sustainability Week with a vast array of online seminars, activities and discussion panels. Considering the current impact on the hospitality industry of ongoing COVID-19, the theme of sustainable tourism is mo…