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Over the past 35 years of my hospitality career, I have seen a great many things…
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A downturn is a terrible thing to waste, business sentiment generally goes. Paris-based Accor certainly hasn’t wasted time accelerating plans to transform the hotel company.
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In the face of COVID-19 and the need for a contactless, sterilized and traceable environment, hotels rapidly pivoted by implementing a myriad of hard and soft solutions to make guests and staff safer while also enabling remote work, more data-driven…
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Interstate Hotels & Resorts, the international arm of Aimbridge Hospitality, has surpassed 60% occupancy rates across its U.K. portfolio in the first half of the year, as the hard-hit hospitality sector resurgence continues…
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United States hotel prices have rebounded above their statistical lower bound in all regions except the Mountain states, signaling a return toward their pre-pandemic level—although we are not quite there yet…
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After being one of the highest-performing countries during the early portion of 2021, Australia’s hotel occupancy has been on a rapid decline amid the latest COVID-19 lockdowns across the country, according to data from STR through 1 August…
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Choice Hotels International Inc., for the second quarter ended June 30, reported net income increased 15% to $85.9 million vs. second-quarter 2019…
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Hyatt Hotels Corporation, for the second quarter ended June 30, reported a net loss of $9 million, or $0.08 per diluted share, compared to net loss of $236 million, or $2.33 per diluted share, in the second quarter of 2020…
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Commercial laundries serving the hospitality and leisure industries are warning that that cost increases and labour shortages are crippling their recovery, and that they are being forced into increasing their prices…
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The global economic recovery has begun to hit its stride in most regions, with workforces in many countries planning to return to the office in the second half of 2021, transaction activity increasing, and strong gains forecast for investment in…
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More than a quarter of a million hospitality workers have recently been, or are currently, self-isolating after being ‘pinged’ by the NHS Covid app.
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Gauging the global hotel industry’s recovery is a lot like poker: you play the hand you’re dealt as best you can and you never know what the next one will bring.
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Let’s look beyond the forecasted travel recovery for the latter of 2021 for a moment – beyond the near-term ‘revenge travel’ surge. What emerging trends will define travel for the decade ahead?
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Following strong second-quarter results driven primarily by robust leisure demand and rate growth, Hilton CEO Chris Nassetta said he remains very positive about the second half of the year despite an increase in the Covid-19 case rate attributed to…
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Occupying some of the most prized real estate in the city, Sydney's luxury hotels sit mothballed…
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With the volume of travel greatly reduced and marketing budgets slashed, hoteliers know it’s more important than ever to understand which distribution strategies are driving bookings.
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Covid, Brexit and a snobby attitude towards the industry have left restaurants scrambling to keep up as the world reopens. Molly Codyre reports
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The hotel industry's recovery is accelerating, overcoming the crisis. In the first half of 2021, the stocks of the major hotel groups have recovered and outgrown the indexes…
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