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?

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Hospitality Net

Europe United As Tourism Leaders Meet In Athens

The European members of the World Tourism Organization (UNWTO) have met in Athens to advance the safe and sustainable restart of tourism across the region. The 66th meeting of the Commission for Europe counted on an unprecedented level of member representation. It also enjoyed political support of the highest level,

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Consolidation quickens for holiday parks

Europe’s holiday park market continues to see consolidation deals, as strong demand from a second staycation summer helps boost revenues.   The latest deal over the line saw leading operator Park Holidays UK take over Bridge Leisure, giving the group nine more sites and taking its portfolio to 42 sites. Park is an

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Investors back elder living

In a sign that the UK’s elder living market is starting to attract serious investor attention, BlackRock has agreed a GBP500m joint venture development deal with Audley Group.   The funds will allow Audley to accelerate growth of a second brand of retirement developments in the UK, named Mayfield. The brand,

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Oyo chases survival loan

Indian upstart hotel brand Oyo is seeking a USD600m refinancing – and is offering generous terms to someone prepared to back it.   The search for funds comes as Oyo looks to regroup after a tumultuous period during the pandemic. And Indian media suggest it could be a precursor of a

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An upward trend

Investor demand is maintaining hotel prices, as hopes of a wave of distressed opportunities fades. But there are signs of a quickening of deal pace.   In recent weeks, Marathon has completed its GBP180m acquisition of the Project Horizon portfolio in the UK, picking up a package of Holiday Inn and Crowne

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News
Hotel Owner

Apex Hotels to offer unused M&E spaces to help local businesses

Edinburgh-headquartered hotel operator Apex Hotels has committed to helping fledgling businesses across the UK by offering up space within its properties completely free of charge. Apex Hotels, which has 10 properties in five major UK cities, has launched the ‘Help in Hand’ initiative, offering local community groups and businesses in

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How to Keep Hotel Expenses Down? Ask an Asset Manager. | By Rayna Katz

The money minders have been working overtime and offering guiding tips. It doesn’t sound right to talk about the “benefits” of COVID-19, but if there’s any upside to the pandemic, it’s that massive disruption to business has forced hotels to find operational efficiencies—resulting in lower costs—without damaging the guest experience.

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