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?

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Hospitality Net

MGM Resorts International Reports Fourth Quarter And Full Year 2020 Financial And Operating Results

MGM Resorts International today reported financial results for the quarter and year ended December 31, 2020.

“We remain confident in the long-term recovery of our business ….. Our fourth quarter results delivered Adjusted Property EBITDAR improvements over the third quarter and our regional operations continued to generate margin growth.”

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RBH opens Ibis Budget hotel at Heathrow

UK-based independent hotel management and services company, RBH, has officially opened the doors to its first Heathrow hotel in 20 years.

The opening of Ibis Budget Heathrow T5 marks the completion of the first phase of refurbishment and rebrand of the former Travelodge on behalf of owner Sidra Capital, a Sharia compliant asset manager based in Saudi Arabia. 

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