Hotel Business

FEBRUARY 14, 2023

Global travel technology company OYO’s U.S. operations outpaced the budget hotel segment’s growth in RevPAR with an 18% rise in 2022 versus 2019. The budget hotel segment grew by only 6% in the U.S., higher growth than the other budget hotels in the region. according to STR reports. higher than industry RevPAR.

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Hotel Owner

FEBRUARY 8, 2023

Reason for optimism Research has recently found that operating performance had improved over 2022, moving hotels’ financial results closer to pre-pandemic levels. International travel restrictions stimulated ‘the great British staycation’, which caused hotels to experience buoyant trading performances across coast and country markets.

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Serviced Apartments

MARCH 6, 2024

UK: In the Spring Budget 2024, Chancellor Jeremy Hunt revealed the government will freeze alcohol duty and cut National Insurance, as well as raise the VAT threshold for small businesses to £90,000. In today’s Spring Budget, Hunt outlined plans to increase the VAT registration threshold from £85,000 to £90,000 for small businesses.

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Boutique Hotel News

JANUARY 27, 2023

After a topsy-turvy 2022, here are the major hospitality and real estate trends we expect to see in the year ahead, some more unexpected than others. billion in 2022. Governments have set targets, and consumer behaviour is changing, albeit slowly and hampered by the cost of living crisis.

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Hotel Owner

MAY 20, 2024

The staycation trend has seen an unprecedented surge in popularity, particularly in the wake of global events that have restricted international travel, particularly due to the covid-19 pandemic. The appeal lies in the convenience, reduced travel costs, and the opportunity to explore local attractions that might otherwise be overlooked.

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Hotel Owner

JANUARY 5, 2023

Many countries have put climate change targets into law but only one country – Gambia – is anywhere near on track to meet its climate targets by the end of 2022, and even that is looking like a slim chance. View the 31 certification agencies HERE.

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SiteMinder

FEBRUARY 8, 2024

What are Chinese travellers? Chinese travellers are individuals residing in China who travel domestically within their country or internationally to various destinations around the world. Table of contents Why should you capture the attention of Chinese travellers?

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Boutique Hotelier

JANUARY 30, 2023

Hotel transaction volumes in the south west rose over 30% in 2022 compared to the previous year, fuelled by demand from both domestic and overseas buyer demand. Domestic buyers represented approximately 66% of transaction volumes with the remaining 34% comprising international buyers in 2022. Volumes totalled c.£166.2m

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Xotels

JULY 5, 2022

In 2022, there are many challenges faced by the hotel industry, which may quickly feel overwhelming to address. However, as a hotel management company , we have seen that with the right approach, tech stack, and process streamlining, hotels can drive their success in 2022 and beyond. Article summary: Experience & Personalization.

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EATER

OCTOBER 17, 2023

Many of the guests have traveled two hours into the countryside from New York City, where the closest most folks get to harvesting their own food is picking up an Instacart order from their doorstep. The results from the 2022 Census, the most recent, aren’t available to the public yet, but that number may well have risen.

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SiteMinder

FEBRUARY 25, 2024

Table of contents Latest news in the hospitality industry A year of increased stability and growth At the beginning of 2023 the focus was firmly on growth, particularly given the effects of COVID on the travel sector over the preceding years. Almost one in five hotel rooms booked online are cancelled prior to travel.

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Les Roches

APRIL 13, 2023

Are you a hotel management student, a recent graduate, or even a keen entrepreneur with an interest in investing in the travel and tourism industry? The travel and hospitality industry is thriving, with millions of hotels once again welcoming travelers following the global pandemic.

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EATER

JANUARY 18, 2022

Where to find the best food around the world in 2022. They whisk travelers from their cooking routines and familiar takeout spots, drawing them out with flavors that can’t be replicated, service that can’t be matched, and most of all, a story that can’t be told elsewhere. Travel responsibly. Destination meals are compelling.

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EATER

DECEMBER 7, 2022

Tourism Whistler/Justa Jeskova. Whistler experienced a boom in Japanese tourism in the ’80s, and though the groups in matching neon outfits headed back to Japan in the early ’90s after the decline of the yen, they left behind a standard of excellence in the town’s sushi restaurants, which have only multiplied since. Leila Kwok.

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Serviced Apartments

MARCH 31, 2023

Stevens’ remit will include Accor brands such as Swissôtel, Pullman , Mövenpick , Novotel , ibis, ibis budget, ibis styles, Adagio , Grand Mercure, and Mövenpick and Novotel Suites. Having first joined Accor in 1997, Stevens has held a variety of roles within the group.

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