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?

Company News
Hotel Owner

Aloft Hotels opens new Birmingham property

Aloft Hotels, Marriott International’s hotel brand targeted for music and tech-savvy travellers has opened its first property in Birmingham with the opening of Aloft Birmingham Eastside. The site is located in Birmingham’s Eastside district, a new regenerated hub for the city which is home to businesses, retail, and leisure facilities,

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Company News
Hospitality Net

Hyatt Announces Global Expansion of Independent Collection Brands with New Hotel Openings and Developments Slated Through 2025

CHICAGO – Hyatt Hotels Corporation (NYSE: H) announced today the global growth of its independent collection brands, including recent openings and development plans through 2025 across The Unbound Collection by Hyatt, Destination by Hyatt and JdV by Hyatt brands. This growth reinforces Hyatt’s focus on continuing to immerse guests, members

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News
Hospitality Net

What Drove Hotel Values to Decline in 2020? | By Joseph Pierce

The once-in-a-century pandemic has caused hoteliers to endure a firestorm that decimated the hotel and leisure industries. The growing COVID-19 cases across the U.S., as well as government restrictions on travel that further stress demand, continue to leave the hotel industry significantly behind pre-pandemic levels in terms of revenues, profitability

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Shape of the recovery

The UK government has announced a “roadmap” to reopen the economy, which will enable hospitality businesses to fully trade once more.   While welcomed, the news has been met with calls from several corners, to provide the sector with further support, to prevent further business failures over the coming months. A

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Online giants jostle for position

The online accommodation platforms are plotting their return as the post-pandemic market picks up.   Consumer relevance was assured during 2020, for those majoring on home rentals, as travellers switched from hotels to private accommodation, for the additional reassurance of the isolation offered. For Airbnb, this led to a resurgence in

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Europeans look past lockdown

Europe-based hotel groups Accor, IHG, NH and Melia all declared substantial losses for 2020, with attempts to reduce overheads running behind dramatically reduced revenues.   IHG and Accor saw a greater geographical variability, with a greater impact from parts of their portfolios in Asia and the USA. For the Spanish-based groups,

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Group bookings on the rise

Group business has disappeared for all hotels during the pandemic. So the big question is how soon, and how strongly will conferences, conventions and company group meetings return?   Many countries still have operational restrictions on group gatherings, with Australia and New Zealand the leaders in allowing the resumption of events. But for

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Market
PhocusWire

Short-term rental bookings boom in the U.K. after roadmap announcement

Following Prime Minister Boris Johnson’s announcement last week that the United Kingdom would begin easing lockdown plans – with all restrictions lifted starting June 21 – short-term rental bookings for the summer months have boomed. According to data from short-term rental software provider Guesty, reservation volume jumped 88% over reservation

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