Mixed prospects for European summer

As Europe works to accelerate vaccination programmes over the coming months and control the spread of COVID-19, the expected easing of restrictions provides some hope for travel in summer 2021. The European Travel Commission’s (ETC) quarterly report ‘European Tourism Trends & Prospects’  outlines that despite vaccine hurdles in recent months, the inoculation programmes are vital […]

Hyatt unveils new suite of events offerings, Together by Hyatt

Hyatt Hotels Corporation announced Together by Hyatt, a new suite of events offerings designed to meet planners where they are on their journey to return to events. Building on Hyatt’s deep-rooted expertise in delivering high-quality meetings and events, Together by Hyatt advances care for meeting planners by simplifying and streamlining event planning and execution, with […]

Hilton Reports First Quarter Results

MCLEAN, Va. – Hilton Worldwide Holdings Inc. (“Hilton” or the “Company”) (NYSE: HLT) today reported its first quarter 2021 results. The following results reflect the material impact that the novel coronavirus (“COVID-19”) pandemic has had on Hilton’s business. Highlights include: Diluted EPS was $(0.39) for the first quarter, and diluted EPS, adjusted for special items, […]

Nightly Hotel Audit Reports That Are a Must!

As part of the order of running a hotel, most hotel owners conduct nightly audits on their day’s business to ensure that all accounts are reconciled, pending folios generated, revenue collated under various revenue heads, discrepancies in reservations checked, cash counters closed, and reports generated for the following day’s activities. While some continue to follow […]

New capsule hotel to open in St Leonards-on-Sea in June

Pod Central, a new capsule hotel accommodation, will open in Pevensey Road, St Leonards-on-Sea in June. The Japanese-inspired capsule hotel concept is conveniently located near the station. Each ‘pod’ or room is equipped with clean bedding, a reading light and complimentary earplugs. The hotel features a total of 16 ‘pods’ stacked in pairs and will […]

UKH publish sector prospectus ahead of Mayoral elections

UKHospitality (UKH) has published its sector prospectus ahead of the 2021 Metro Mayoral elections, which are taking place today (6 May). The prospectus outlines the financial and cultural importance of the hospitality and tourism sectors for local economic development. Among the measures being called for by the trade body are support for a full audit […]

‘A long way to go’ before normality, BHA warns

Hotels in Bristol are making final preparations for re-opening their doors on 17 May but say there is “still a long way to go” before business returns to normal, according to the Bristol Hoteliers Association (BHA). The BHA, which represents around 40 hotels in and around the city, said most businesses are unable to operate […]

Man and woman from London found dead in Harrogate hotel

North Yorkshire Police is investigating after a man and woman from the London area were found dead in the Doubletree by Hilton Harrogate Majestic Hotel and Spa.  Detectives investigating believe that both victims, who are in their late 30s/early 40s and from the London area, were known to each other. They have confirmed that they […]

Hotel Tech Report Launches the 2021 HotelTechIndex™ Market Leaders Report to Help Hotels Identify Top Technology Solutions in the Recovery

Hotel Tech Report released the 2021 HotelTechIndex™: Hotel Software Market Leaders Report, the most comprehensive view of technology solutions aiding hotel businesses in the industry recovery. Despite the uncertainty surrounding the COVID-19 pandemic during the 3-month data collection period, 318,466 hoteliers across 127 countries visited Hotel Tech Report and spent more than 3,000 hours contributing […]

Hotel profit reaches 50% of 2019 level

Gross operating profit for U.S. hotels reached 50% of the comparable 2019 level, according to STR‘s March 2021 monthly P&L data release.  GOPPAR, TRevPAR and EBITDA per available room came in higher than any month since February 2020. GOPPAR: US$26.79 TRevPAR: US$86.61 EBITDA PAR: US$12.77 LPAR (Labor Costs): US$27.66 Amid hiring difficulties, total labor costs were just […]