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?

Pan Pacific London welcomes first guests

Pan Pacific London has opened to the first guests after a series of delays due to the Covid-19 pandemic. This haven in the heart of the city fuses together architecture, contemporary design, boundary-pushing wellbeing and leading destination restaurants and bars, with sincere Singaporean hospitality to create a lifestyle destination in

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Company News
Hotel Owner

Dalata Hotel Group narrows H1 losses to £32.4m

Dalata Hotel Group has narrowed its pre-tax losses for the six month period ended 30 June 2021 by 46.6% to €37.8m (£32.4m), down from €70.9m (£60.9m) in 2020. The group’s business continued to be impacted by Covid-19 during the first six months of 2021 with revenue decreasing by 51% to

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Development
Hotel Owner

Wildhive opens first property

Wildhive, a new boutique hospitality brand, has opened the doors to its first site today (1 September), the Derbyshire-based Callow Hall. The hotel is surrounded by woodland and 35 acres of wild open space, and is described as the “perfect bolthole” from which to explore the Peak District and “reconnect

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Development
Hotel Owner

Pan Pacific London officially opens its doors

The Pan Pacific Group has opened its first European property, the Pan Pacific London. The property, which opens today (1 September), is located on Liverpool Street at One Bishopsgate Plaza Bishopsgate Plaza encapsulates a 43-storey bronze tower encompassing Pan Pacific London, as well as private Sky Residence apartments, Devonshire House,

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Resorts claw back their cashflow

Resort operator Fosun Tourism Group saw cashflow turn positive in the first half, as its Club Med properties in China reopened, and performed strongly.  Group revenues were down 41.9% year on year at RMB2,433.8m, leading to an adjusted ebitda loss of RMB565m. However, sales volumes at the Chinese Club Meds was up

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Investors confident of Japan’s return

As Japan’s hospitality sector salvages what little business it is allowed to, from the Paralympics, investors are already looking ahead to the country’s tourism rebounding.   Investor SC Capital from Singapore is the latest to launch plans for greater involvement in the country’s hotel market. It has just launched a fund aiming

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Sharing co-living’s growth

The UK’s co-living sector is bouncing back, as Covid restrictions ease. The sector has seen renewed rental and improved occupancy, as leading players push forward with new developments.   Data collated by Built Asset Management, a London-based accommodation manager, tracked co-living lettings rising 7% in May, 14% in June and 15% in July,

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IHCL plans for growth

Indian hotel group IHCL is planning a rights issue to improve its firepower, as the pandemic wanes in the region.   The board has approved a rights issue of up to INR3,000 crore – just over USD400m – to prepare for recovery from the downturn, and support further growth. “The objective

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Europe set for record number of new hotel rooms

The number of hotel openings in Europe is expected to hit an all-time high in 2021, with more than 100,00 new rooms estimated for the year, according to STR data and analysis that will be presented at this week’s International Hospitality Investment Forum(IHIF) in Berlin. More than 50,000 rooms have

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