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?

Economy
Hotel Owner

UK tourism growth levels off

In July, the tourism and recreation sector saw its growth rate ease, falling to 55.3 from 63.1 in June, a level which was the strongest output growth recorded since January 2012, according to the Lloyds Bank UK recovery tracker. Businesses pointed to a levelling-off in forward bookings for UK holidays,

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2021 Global Hotel Investor Sentiment Survey results released

JLL’s Hotels & Hospitality Group announced results from its annual Global Hotel Investor Sentiment Survey and reported investment activity for the first half of 2021 at $30 billion, inclusive of entity-level deals, with a gust of optimism for the industry as investors show signs of increased activity. Global investor sentiment overview

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Tourism After Lockdown: Current Travel Barriers

Regions around the world continue to see increased pandemic-related challenges, with the situation varying greatly by country. Fortunately, more than 4.6 billion doses of coronavirus vaccines have been administered in more than 190 countries, providing the tourism and hospitality industry a much-needed confidence boost, especially during the current summer months.

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IHG adds brand

InterContinental Hotels revealed it is to launch a collection brand to revitalise portfolio growth, as it discussed first half results.  “It’s become very clear that there is strong demand and appetite for a collection brand from IHG in the luxury and lifestyle space, something that could create more opportunities to

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Spanish confidence improves

The reopening of inbound travel into Spain has boosted sentiment in a market previously braced for a raft of distressed asset sales. As a result, investors may soon need to start looking at alternative options.   Deal volume in Spain has risen in recent months, and still more cash is being mandated

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Extended stay bet

Investors and operators are searching for clues as to how the pandemic will effect permanent changes to the travel landscape. And some are already making their initial bets.   In the US, private equity investor KSL has created a new company, Mission Hill, to specifically concentrate on acquiring assets in select service

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Views
Hospitality Net

A Dose of Reality: Vaccinations and returning to travel

Vaccination programs are ramping up worldwide, and more people are starting to travel. A recent ‘temperature check’ among our Linkedin followers showed that around 60% are ready to take off. In the US, corporate travel demand is up to 30-35% of 2019 levels and expected to reach 66% by the

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