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?

News
Hospitality Net

Remote work could turn out to be great for business travel

As more companies switch to remote work as a result of the pandemic, InterContinental Hotels Group believes the shift could be great for business travel’s recovery. With the Covid-19 essentially grinding leisure and business travel to a halt since March, the hotel chain said its global revenues per available room,

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News
Hospitality Net

COVID-19 Cash Burn Continues – Urgent Preparations for Restart

The International Air Transport Association (IATA) released new analysis showing that the airline industry is expected to remain cash negative throughout 2021. Previous analysis (November 2020) indicated that airlines would turn cash positive in the fourth quarter of 2021. At the industry level, airlines are now not expected to be

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News
Hotel Owner

Chancellor expected to extend furlough until May

Chancellor Rishi Sunak is expected to announce a further extension to the government’s furlough scheme until May in his Budget speech next week. According to The Times, the move is expected after Boris Johnson promised not to “pull the rug out” from businesses when restrictions eventually begin to ease under

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Views
Hospitality Net

The five keys to successfully negotiating an off-plan hotel lease, for hotel owners | By Christopher Boinet

More than ever, off-plan hotel leases[1] are making headlines in the leisure real estate industry. Stemming from real estate law professional practices, off-plan hotel leases reconcile the legal and financial interests of three distinct actors: the developer (seller), the investor (owner) and the operator (tenant). In a nutshell, it is

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Company News
PhocusWire

Accor posts €2B loss, lays out 2021 strategy

Accor has set its ALL loyalty program as one of the business’s strategic focuses for 2021. Announcing results for 2020, the hotel giant says it wants to speed up its personalization efforts via the loyalty scheme that was first unveiled two years ago. Accor posted a net loss of almost

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News
Hotel Owner

Scottish hotels to reopen on 26 April

First minister Nicola Sturgeon has announced that hospitality businesses, including hotels, in Scotland will be able to reopen from 26 April.  Sturgeon outlined the country’s exit out of lockdown restrictions yesterday (23 February), giving businesses a timeframe of when they can expect to reopen. Scotland’s stay-at-home order is likely to

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Company News
Hotel Owner

Marriott International appoints new CEO and president

Marriott International has announced that Anthony Capuano has been appointed to CEO and that Stephanie Linnartz has been appointed president, both with immediate effect. Capuano’s and Linnartz appointments follow the death of Marriott’s former president and CEO Arne Sorenson on February 15, 2021. Prior to this appointment, Capuano was group

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