Baird/STR Hotel Stock Index jumped 22.4% in February

HENDERSONVILLE, Tennessee, and MILWAUKEE – The Baird/STR Hotel Stock Index jumped 22.4% in February to a level of 5,141. Year to date through the first two months of 2021, the stock index was up 12.4%. “Hotel stocks posted huge gains in February as the reopening and reflation trade momentum caused many hotel brands and hotel […]

Liverpool Aparthotel brought to market for £1.5m

Slater Street Apartments, an Aparthotel property situated in Liverpool, has been brought to the market at an asking price of £1.5m for the freehold going concern. Comprising 17 bedrooms across a total of six separate apartments, the site is spread over three floors and a basement. Each apartment contains additional bedding via a sofa bed, […]

Orca Holdings acquires The Zetter Group

Zetter Group has announced it has been acquired by Orca Holding, the specialist hospitality investment company owned by Laith Pharaon, for an undisclosed sum. Mark Sainsbury and Michael Benyan, the group’s owners, founded Zetter over 18 years ago. The sale includes The Zetter Hotel in London, which is recognised as the original “eco-hotel”, as well […]

The 7 Components Of Designing A Hotel Concept | By Youri Sawerschel

A Hotel Concept is designed around 7 components that cover all aspects of running it successfully: The Story, The People, The Space, The Identity, The Services, The Content, and The Channels. Starting from the central story, components are interconnected and work side by side to build a unique, coherent whole. The Story The People The […]

How Investors Are Tapping Into Domestic Tourism

Investors are betting on the resilience of holiday parks as people seek out safe, secure staycations once lockdown restrictions lift. Blackstone has just acquired Bourne Leisure, which operates 56 sites in the UK under three brands; Haven, Butlin’s and Warner Leisure Hotels. The move adds to its leisure portfolio which includes visitor attraction operator Merlin. […]

How Women Are Confronting The Gender Gap At Work

Just over a year ago, while steep challenges around gender equality remained, the number of women in the workplace was on the rise. Fast-forward 12 months and the picture has changed, with the pandemic and ensuing economic slump disproportionately affecting women. Women this past year have left the workforce at a greater pace than men, […]

The Best Of Both Worlds: Five Things To Consider When Organizing Hybrid Events

Throughout 2020, the world was inundated with Zoom meetings and virtual events to keep businesses operational – in-between getting our fresh loaves of sourdough out of the oven, of course. Being able to meet in person has been tricky with looming threats of continued virus outbreaks and little to no travel opportunities. So, what does […]

Marriott International to Provide Associates Financial Award for COVID-19 Vaccination

Marriott International, Inc. (NASDAQ: MAR) today announced it has created the Vaccination Care Program, which will provide a financial award to U.S. and Canadian associates at its managed properties who get vaccinated for COVID-19. Employees will receive the equivalent of four hours of pay upon completion of the vaccination. Marriott International supports global vaccination efforts […]

European Hotel Investment Market 2020: Surprisingly Optimistic Results | By Kimberly Yoong

Nearly a year into our days of forced telecommuting and videoconferencing, the words ‘impact of COVID-19’ continue to ring in our ears. The hospitality industry has undoubtedly borne the brunt of this crisis, as many hotels across Europe continue to record single-digit occupancies, with average revenues per room down by nearly 70% in 2020. However, […]

Stress Test Before You Invest: Hotel Supply | By Susan Barry

For better or worse, the decimation of the hospitality industry as a result of the COVID-19 pandemic has piqued the interest of investors. Private equity firms are raising new rounds of funding; SPACs are being created for the purpose of buying up distressed restaurants; and all sorts of new, opportunistic capital is sniffing around. Among […]