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?

Views
Hospitality Net

Stress Test Before You Invest: Hotel Supply | By Susan Barry

For better or worse, the decimation of the hospitality industry as a result of the COVID-19 pandemic has piqued the interest of investors. Private equity firms are raising new rounds of funding; SPACs are being created for the purpose of buying up distressed restaurants; and all sorts of new, opportunistic

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Economy
Hotel Owner

Hospitality industry welcomes budget package

The UK hospitality industry has responded warmly to the confirmation of financial support in the government’s budget for this year. Yesterday (3 March), chancellor Rishi Sunak announced a £65bn support package for the economy as the country prepares to leave lockdown restrictions in April. Under the new budget, hospitality and

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Company News
Hotel Owner

Aloft Hotels opens new Birmingham property

Aloft Hotels, Marriott International’s hotel brand targeted for music and tech-savvy travellers has opened its first property in Birmingham with the opening of Aloft Birmingham Eastside. The site is located in Birmingham’s Eastside district, a new regenerated hub for the city which is home to businesses, retail, and leisure facilities,

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Company News
Hospitality Net

Hyatt Announces Global Expansion of Independent Collection Brands with New Hotel Openings and Developments Slated Through 2025

CHICAGO – Hyatt Hotels Corporation (NYSE: H) announced today the global growth of its independent collection brands, including recent openings and development plans through 2025 across The Unbound Collection by Hyatt, Destination by Hyatt and JdV by Hyatt brands. This growth reinforces Hyatt’s focus on continuing to immerse guests, members

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News
Hospitality Net

What Drove Hotel Values to Decline in 2020? | By Joseph Pierce

The once-in-a-century pandemic has caused hoteliers to endure a firestorm that decimated the hotel and leisure industries. The growing COVID-19 cases across the U.S., as well as government restrictions on travel that further stress demand, continue to leave the hotel industry significantly behind pre-pandemic levels in terms of revenues, profitability

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Shape of the recovery

The UK government has announced a “roadmap” to reopen the economy, which will enable hospitality businesses to fully trade once more.   While welcomed, the news has been met with calls from several corners, to provide the sector with further support, to prevent further business failures over the coming months. A

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