Hospitality News & Views From Across the Web

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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
Hotel Owner

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

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Market
Hospitality Net

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

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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

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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

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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

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Student accommodation providers resilient

Specialist student accommodation providers in the UK have struggled through 2020, facing losses as students were prevented by lockdowns from attending higher education establishments.   However, having wrestled with reputational issues, such as returning rents for rooms that could not legally be occupied, major players in the sector are poised for

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Radisson signs for new property at Gatwick Airport

Radisson Hotel Group has announced the signing of Radisson Red London Gatwick Airport – located in proximity to the terminal at the second busiest airport in the UK. This is the second Radisson Red property at a UK airport. Set to open in quarter three of the year, the hotel

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Marriott signs with Al Saedan for three Saudi properties

Marriott International has signed an agreement with Al Saedan Group to open three hotels across Saudi Arabia. The multi-project agreement includes the country and territory’s first Renaissance Hotel, the world’s largest Aloft Hotel and a Courtyard by Marriott in the Holy City of Makkah. All three properties are projected to

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Digital vaccine passports need to be unified

Trials for vaccine passports are rolling out to ensure the flow of safe travel between international destinations but there remains a lack of collaboration which will only further delay international travel’s recovery, says GlobalData, a leading data and analytics company. Forming an internationally recognized system as a global standard for

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