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EasyHotel more than doubles revenues in H1

Hotel Owner

Budget operator EasyHotel has revealed its revenues more than doubled in the first half of the year. With a promising pipeline of developments including two imminent opportunities, EasyHotel aims to double its portfolio by 2027, reinforcing its presence in key markets and capitalising upon the “strong easy brand awareness” throughout Europe.

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Today’s news in brief – 16/10/23

Hotel Owner

Elegant Hotel Collection is venturing into the luxury soft brand market with a portfolio of 25 luxury hotels and ambitious plans to add 50 more worldwide by the summer of 2024. With a promising development pipeline, EasyHotel aims to double its portfolio by 2027, capitalising on the strong brand awareness throughout Europe.

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UK Budget to raise taxes by £40bn: Hospitality industry reacts

Serviced Apartments

Reading Time: 7 minutes UK: UK Chancellor Rachel Reeves MP has delivered a Labour Budget for the first time in 14 years as the government warned of “difficult” decisions to “restore economic stability” and plug a £22 billion black hole in public finances that was estimated by the Office for Budget Responsibility [OBR].

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Unlocking the potential: transforming real estate into hotels

Hotel Owner

In a similar vein, as much as 85% of UK office buildings are at high risk of being unlettable due to EPC regulations that have been proposed to be implemented in 2027. Know your market The building’s location is unchangeable, so careful selection is vital. Each building needs to be considered on its own merits.

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MRM Research Roundup: Thanksgiving Trends, Diner Optimism, and Holiday Spending

Modern Restaurant Management

Among full service operators, about half reported automating everyday business operations, with online ordering (57 percent) being the most common automation, followed by invoicing (54 percent) and email marketing (53 percent). As America budgets for the holidays, in-home hosting activity is set to rise by 6.3 Nearly 29 percent of U.S.

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7 Pop-Up Restaurant Marketing Ideas: How to Successfully Market a Pop-Up in 2023

The Restaurant Times

The market has changed regarding what people spend their money on in recent years. To have a successful endeavor, however, you must heavily implement extreme and exceptional marketing efforts to start and end your pop-up with a splash. . How To Successfully Do Pop-up Marketing. Start Marketing at Least 7 Months in Advance.

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Travelodge acquires St Pauls office building in conversion deal

Hotel Owner

Conversion works are anticipated to begin in early 2026, with the hotel to be open for trading in the first quarter of 2027. Following a comprehensive review of gaps in the market, Travelodge sees “significant” growth opportunities in the UK and has over 300 target locations identified.