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?
Some may dismiss the classic hotel questionnaire as an outmoded feedback tool. But fact is that it has not lost its relevance. Guests answer hotel questionnaires while waiting in the check-in hall, on the train ride or while queuing in the supermarket. For hoteliers, questionnaire systems have become an indispensable
The Company’s shareholders approved the rights issue for capitalizing the €100 million loan advanced by its majority shareholder, Minor, while the Board agreed to a simultaneous rights issue so that all remaining shareholders can avoid dilution This year and next the Company plans to implement an efficiency plan to drive
London, UK: UK families face yet another ‘lost summer’ thanks to the controversial traffic light system, quarantines, costly COVID-19 tests and confusing travel rules and regulations, says the World Travel & Tourism Council (WTTC). The global tourism body, which represents the global private Travel & Tourism sector, says this combination
Research and development (R&D) investment in the hospitality industry remained steady in the first quarter of 2021, outperforming the wider UK economy, according to recent figures from the Office of National Statistics (ONS). The amount spent in R&D by accommodation and food service firms held steady at £20m over the
Provincial Hotels and Inns Limited has collapsed into administration, appointing Patrick Lannagan and Julien Irving from Mazars as joint administrators as of 21 June 2021. The company, which was incorporated in 2013, owns and trades four public houses as well as a hotel/brasserie in north Lancashire. Following the collapse, the
Union Investment, a German-based real estate investment manager, has purchased the planned 262-bedroom Premier Inn hotel at Castleforbes in the Dublin Docklands. The hotel, which is currently in development, will house 262 rooms spread over nine floors. Construction is expected to begin in July of this year and completion is
Europe’s holiday park market has seen two more major consolidation deals, as private equity investors realign their positions for post-pandemic growth. KKR, which owns Dutch holiday park business Roompot, has agreed to acquire its rival Landal GreenParks, in a deal at an undisclosed price. The move will create a European holiday park powerhouse, with 300 parks
With hospitality opening up once more, the sector is coming to terms with both permanent job losses, and also skill shortages. For hotels, plans to improve returns by cutting staffing, may be eroded as they discover they have to raise pay rates, to fill vacancies. After a long period in
Tripadvisor has formally launched its subscription service to US customers, as it looks to transition its business model out of the pandemic. The move comes as other hotel groups, from CitizenM to Soho House, look to the recurring revenues of subscriptions, as a way to build baseline income. A new, USD99 per year subscription will give Tripadvisor members access
Spain’s hotels are facing a second summer of trade disrupted by pandemic restrictions. But despite this, would-be investors are seeing precious few opportunities. Two recent deals have seen new investment partners Bain Capital and Stoneweg make aggressive bids to win hotels, ahead of other private equity players, as they declare the market
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