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?

Development
Hotel Owner

The Gresham Hotel undergoes £17m redevelopment

The Gresham Hotel has revealed it is undergoing a £17m redevelopment that has “kept a solid commitment to sustainable practices and supporting the local community”. During construction, new owner Aimrok Holdings has reportedly kept a “strong focus” on “actively contributing positively” to the environment and giving back to the local

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News
Hospitality Net

Future Hotels Sets Global Standard For Affordable Sustainability

A new concept in hospitality puts the transformative potential of the world’s biggest hotel brands into the hands of local, family-owned businesses, allowing them to match the corporations in the transition to sustainable tourism. Change was coming before COVID-19. The pandemic has only accelerated its arrival, and when the world

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Views
Hospitality Net

Content Parity is the Next Rate Parity | By Larry Mogelonsky

Channel distribution for hotels was chaotic prior to the pandemic and it will be just as cumbersome once recovery begins in earnest. This is entirely due to COVID-19 whereby new guest behaviors and travel needs have inevitably led to new methods and channels for finding accommodations. Indeed, we’ve already witnessed

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News
PhocusWire

What to expect from hotel tech in 2021

To say that COVID has shown itself to be the biggest disruptor to all industries, especially hospitality, would be an understatement. Pivoting plans and learning how to model day‐to‐day life within the constraints of social distancing requirements, without losing the human connection has proven to be a balancing act. Despite

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Rosewood Castiglion Del Bosco announces property expansion

Rosewood Castiglion del Bosco – the 5,000-acre country estate located in UNESCO-protected park, the Val d’Orcia – is delighted to announce the official full reopening of the hotel on 2 June 2021 including a brand new renovation of the Osteria La Canonica restaurant, as well as a one-of-a-kind property expansion

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Company News
Hotel Owner

Safestay to offload Edinburgh site

Safestay, the owner and operator of an international brand of contemporary hostels, has announced it will sell its Edinburgh Hostel to a&o Hotels and Hostels for £16m payable at completion, representing a 22% premium to the £13.4m book value. The 2019 annual EBITDA of the hostel pre-Covid 19 was £1.7m,

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Company News
Hospitality Net

Shangri-La Group Releases 2020 Full Year Results

Hong Kong – Shangri-La Asia Limited (HKEX stock code: 00069) today reported its financial results of the Company and its subsidiaries (“Group”), and associates for the year ended 31 December 2020. Highlights included: The consolidated revenues of the Group decreased by 57.5% to USD1,033.4 million. Aggregate effective share of EBITDA to the

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