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Hospitality News & Views From Across the Web

Want to stay on top of key industry news, but don't have the time to stay up to date with what matters? Worry no more!

Our team regularly monitors a number of key sources for the most interesting hospitality news and opinion pieces, so you don’t have to.  Those that catch our eye are reposted here, with content added most days, so be sure to bookmark this page and check back regularly.  Alternatively, if you would like to receive a weekly digest, why not sign up to our newsletter to have it delivered to your inbox every Thursday?
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Hospitality Net

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

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Hospitality Net May 6, 2021

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,

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eHotelier.com May 6, 2021
Company News
Hotel Owner

Yonder expands to UK market

Yonder, the US-based travel platform which connects with nature based hotel accommodation, has announced it is expanding into the UK market. The brand launched its UK collection for potential holidaymakers with over 5,000 rural self catering properties. Furthermore, Yonder revealed its UK operations team will be led by Andy Woodward,

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Hotel Owner May 5, 2021
News
Hospitality Net

New Research Shows New Net Zero Model Brings Benefits For Hotel Sector

A new paper co-authored by international property consultancy Gleeds, global engineering and design consultancy Arup, global hospitality company IHG Hotels & Resorts, and energy management and automation specialist Schneider Electric has revealed how the hotel industry can tackle the net zero carbon challenge and save £millions in the process. Entitled

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Hospitality Net May 5, 2021

Is automation in revenue management really the answer

The past year raised many discussions in the revenue management domain.  We began to question the importance and relevance of historical data. People started taking a closer look at the true value of human experience and knowledge. And, of course, revenue professionals’ trust in their automated revenue management systems (RMS)

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eHotelier.com May 5, 2021

Hotels, After Tough Year, Are Back In Investors’ Sights

Hotel investment is gaining momentum amid improving prospects for travel. Blackstone Group and the Starwood Group in March bought hotel operator Extended Stay America for US$6 billion, the largest deal in the U.S. since COVID-19 hit. In Madrid, German investor Commerz Real acquired an office building at city’s airport with

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Hospitality Net May 4, 2021
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