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?

Company News
Hotel Owner

Whitbread swings to £195m FY21 loss

Whitbread has revealed that it swung to a £194.9m adjusted EBITDAR loss for FY21, a sharp decline from its £752.7m FY20 profits. Significant Covid-19 restrictions throughout “one of the most challenging” years the company has faced saw its revenue plummet 71.5% year-on-year from over £2bn to just £589.4m. While the

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Hotel Owner

Cycas appoints first ever MD to help lead European growth

Cycas has revealed it has continued to strengthen its leadership and hotel management expertise with the appointment of Apurva Pratap as the company’s first ever managing director. Apurva will join the hotel operator from 1 May, bringing nearly 25 years of hospitality and investment experience to the new role. He

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Subscribing for growth

A trio of hospitality sector businesses are preparing to float on the buoyant US stock market, to fuel their growth. And two of the three are betting on subscription memberships, as a fundamental plank in their strategy.   In recent weeks, luxury holiday and experience group Inspirato and apartment rental business Sonder have

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The switch in consumer habits

The degree to which the pandemic has permanently changed consumer behaviour, will potentially have a major impact on many business sectors. Will business people travel again, and will retailers ever recover levels of town centre footfall?   The short answer is, nobody knows, and time will tell. But consultants and consumer

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Caution on recovery

While plenty of coastal hotels are hoping for a second strong summer of staycation demand, complete recovery of the hotel market at large could take several summers.   A recent assessment by CBRE suggests it will not be until 2024 that the European hotel market fully returns to pre-covid levels of

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Hosts required by platforms

With home rentals delivering better pandemic performance than hotels, rival operators are now scrambling for inventory, in a new battle to attract hosts.   However, while consumers continue to prefer self-contained accommodation, those watching the marketplace note that hotels are in a good position to fight their way back into consumer

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Marriott to debut JW Marriott in Spain

Marriott International announced it has signed an agreement to introduce the JW Marriott brand to Madrid, offering discerning guests a new destination to rediscover a balance in mind, body and spirit, in the heart of the city. Located in the central Plaza de Canalejas, JW Marriott Madrid will be developed

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