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

Hospitality investment slumps 52% in Q1

Investment in the hospitality industry reportedly dropped 52% year-on-year to £649m in the first three months of 2021. According to analysis of ONS data conducted by business tax relief consultancy group Catax, UK business investment in hotels and restaurants fell £702m from Q1 FY20’s £1.4bn of investments. The figure also

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Accor revenue slips in first half of financial 2021

Accor has reported consolidated revenue of €824 million for the first half of 2021. The figure is six per cent down on a like-for-like basis when compared to the first-half of last year, but 53 per cent down on the same period of 2019. RevPAR fell by 60 per cent

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Development
Hotel Owner

The Gresham Aparthotel to open this Autumn

The Gresham Aparthotel, situated on the corner of Market Street and Belvoir Street in Leicester, has announced its opening in early Autumn this year. The building, formerly home to retailer Fenwicks, has been “sympathetically restored” by developer, Aimrok, to incorporate luxury interiors. It also houses 12,000 sq ft, working spaces

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News
Hotel Owner

UKH names Kate Nicholls as disability ambassador

UK Hospitality (UKH) has appointed Kate Nicholls, CEO of the group, as its new disability ambassador.  The appointment follows the government’s release of its new ‘National Disability Strategy’ – with officials outlining plans to offer disabled people better job support and opportunities. Nicholls said that as part of her new

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Economy
Hotel Owner

Staycations set to slash UK’s £30.5bn tourism ‘deficit’ 

The rise in staycations this summer is set to provide “much-needed” respite for the UK’s travel and hospitality sectors, cutting its tourism “deficit” by £30.5bn.  According to new research by the Resolution Foundation, cities such as London and Manchester will “lose out”, however. Its report nonetheless found that compared to

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International
Hospitality Net

IATA Warns Governments On High Cost Of Testing

Geneva – The International Air Transport Association (IATA) called on governments to take action to address the high cost of COVID-19 tests in many jurisdictions and urged flexibility in permitting the use of cost-effective antigen tests as an alternative to more expensive PCR tests. IATA also recommended governments adopt recent

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