Why hoteliers should consider a phased approach to a revenue rebound

As we move through 2021, we are beginning to see distinct phases in the return to “normal” with many hoteliers making preparations for a multi‐staged recovery scenario. We anticipate by the summer of 2021 we will see a bounce back in activity, starting with the domestic leisure market. We also anticipate domestic and some international […]

Daish’s Holidays sees surge in staycation bookings

UK hotel chain Daish’s Holidays has reported a surge in spring staycation bookings from 17 May – a 495% on the same period in 2019. Daish’s has analysed data from 1 March to 22 March and stated that the majority of bookings made in this peak period were for June 2021 holidays, when the government […]

Hospitality urged to register for free workplace Covid testing

Trade associations are urging businesses in the hospitality industry to register for free workplace Covid-19 testing. The deadline to register for free rapid lateral flow tests, which will allow businesses to test employees twice a week, is 31 March 2021. With hospitality set to partially reopen in April, trade associations such as UKHospitality (UKH) are […]

Porlock Vale hotel achieves ‘plastic free’ approved status

A hotel in Porlock Vale, Exmoor, has become the first business in its area to achieve a plastic free approved status. Dunkery Beacon Country House Hotel, was given the award by Plastic Free Porlock Vale, a group which is focused on limiting the use of plastic waste in the local community. Owners of the hotel, […]

York’s Grange Hotel sold to private buyers

The Grange Hotel, a luxury boutique hotel in York, has been sold to private buyers for an undisclosed sum. This 41-bedroom hotel has been overseen by Jeremy and Vivien Cassel for over 30 years, and is “well positioned” within the historic city, just 400 yards from the city centre. The site is also within walking […]

U.S. Demand Approaches Pandemic-Lowered Levels Of 2020

STR’s latest 51-chart demand map through 13 March 2021 shows that most states are moving closer to their levels from the same time last year. Unfortunately, those demand levels from comparable periods in 2020 were lowered substantially by the earliest pandemic lockdowns. A clear majority of states have made solid progress in shrinking the tremendous […]

Hotel brands boosted in OTA battle

Two developments in the online travel space have demonstrated how incumbents in the sector have chosen now, the great travel reset, to test potentially fundamental operational changes.   Google has promised to provide free links for hotels, encouraging direct booking from organic listings on its search engine. And, in a switch that many have wondered might happen, online booking platform Kayak […]

UK portfolios on the block

UK brokers are set for a busy first half of 2020, as a series of major hotel investment deals come to fruition. The portfolio packages have set the scene for a return to more normal levels of transactions in the sector, as investors look to a strong post-pandemic market.   However, the three major packages on the […]

Reits ride out the storm

UK listed Reits invested in hotels are weighing up their decision to continue backing the sector, and tenant Travelodge, as they eye up further acquisitions.   Both Secure Income Reit, and LXi Reit took a major income hit through 2020, as the Travelodge CVA was approved. At Secure, the loss was GBP14.4m in rent foregone for 2020, and a further GBP8.6m for 2021.   At […]