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?

Company News
Hotel Owner

Ibis opens new hotel at London Heathrow T5

A new Ibis budget hotel has launched in London Heathrow T5 following a successful exchange of contracts with UK hotel management company, RBH. Throughout lockdown, the hotel will remain open for key workers and essential travel only. Ibis budget London Heathrow T5 is located a short bus ride away from

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Company News
Hotel Owner

Crerar announces trio of appointments

Scottish hotel group, Crerar Hotels, has announced three appointments to support the group upon the reopening of hospitality within the coming months. Alison MacLeod has been named as the group’s marketing manager, while Jodie Wilson will join the board as group revenue manager. Lesly Ross has also joined the firm

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Company News
Hospitality Net

Video Highlights of Accor’s full-year 2020 results

Accor’s Deputy CEO & CFO, Jean-Jacques Morin, provides highlights in 2 minutes of Accor’s 2020 financial results. Sébastien Bazin, Chairman and Chief Executive Officer of Accor, said: “In 2020, the hotel industry navigated an unprecedented crisis. In response to the pandemic, Accor, its employees and its owners made an extraordinary

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News
Hospitality Net

Remote work could turn out to be great for business travel

As more companies switch to remote work as a result of the pandemic, InterContinental Hotels Group believes the shift could be great for business travel’s recovery. With the Covid-19 essentially grinding leisure and business travel to a halt since March, the hotel chain said its global revenues per available room,

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News
Hospitality Net

COVID-19 Cash Burn Continues – Urgent Preparations for Restart

The International Air Transport Association (IATA) released new analysis showing that the airline industry is expected to remain cash negative throughout 2021. Previous analysis (November 2020) indicated that airlines would turn cash positive in the fourth quarter of 2021. At the industry level, airlines are now not expected to be

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News
Hotel Owner

Chancellor expected to extend furlough until May

Chancellor Rishi Sunak is expected to announce a further extension to the government’s furlough scheme until May in his Budget speech next week. According to The Times, the move is expected after Boris Johnson promised not to “pull the rug out” from businesses when restrictions eventually begin to ease under

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Views
Hospitality Net

The five keys to successfully negotiating an off-plan hotel lease, for hotel owners | By Christopher Boinet

More than ever, off-plan hotel leases[1] are making headlines in the leisure real estate industry. Stemming from real estate law professional practices, off-plan hotel leases reconcile the legal and financial interests of three distinct actors: the developer (seller), the investor (owner) and the operator (tenant). In a nutshell, it is

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