Radisson Hotel Group plans 30 openings across EMEA this year
Radisson Hotel Group has outlines plans to add 30 hotels and over 5,000 rooms to its portfolio across Europe, the Middle East and Africa in 2021.
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European Hotel Investment Market 2020: surprisingly optimistic results
February 2021 – today, nearly a year into our days of forced telecommuting and videoconferencing, the words ‘impact of COVID-19’ continue to ring in our ears…
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Hoteliers: Now is the Time to Take Cues from the Airlines
Forced to adapt at any even quicker pace than hotels, airlines have already begun to plan for the post-pandemic world. Here's what hoteliers can learn from them.
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SH Hotels names Arash Azarbarzin CEO, provides business update
Starwood Capital Group has named Arash Azarbarzin CEO of its SH Hotels & Resorts subsidiary, which operates the 1 Hotels, Baccarat Hotels and Treehouse Hotels brands.
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After Unanticipated 2020, Hotel Industry Knows What It’s Up Against
The end of 2020 is not the end of the problems for the global hotel industry, but it does bring hope on the wings of a vaccine that, in time, could be a panacea for wait ails it: fear.
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Accor Set for Range of New Openings in 2021
Accor is kicking off the year with an encouraging development outlook and a full schedule of new hotel openings around the world…
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European Hotel Deal Volume Expected To Grow in 2021
The European hotel transactions picture was dire in 2020 as hotel firms saved cash and two of the largest deals took place before COVID-19 erupted, but deals volume could grow in 2021 as more distress hits the market…
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Restructured Paris Inn Group seeks to grow luxury brand
Paris Inn Group wants to be the third-largest operator and owner in France and Europe and has restructured to seek equity, revenue increases and the expansion of its luxury Maison Albar Hotels brand.
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JLL: Economic Growth, Vaccine Developments Provide Optimism for Recovery
When the pandemic sent global economies into decline, it clinched the end to a decade-long bull run in commercial real estate markets. But economists and investors appear largely optimistic about a recovery in 2021, according to JLL…
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Horwath HTL Market Report: Portugal Future Outlook & Pipeline
Portugal's hotel, tourism and leisure sectors have been evolving favourably in the recent years with travel & tourism accounting for 16.5% of Portuguese GDP in 2019…
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Why Ski Resorts Could Thrive in a Post-Pandemic World
Service-based businesses have been hurt by the pandemic, but some could do quite well once the dust settles.
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IHG, Radisson Expand Footprints Abroad
IHG and Radisson Hotel Group have added properties abroad in Poland, Hungary, the U.K. and Russia. They are:
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Coronavirus pandemic: Germany seeks EU deal to close ski resorts
Germany is seeking an agreement with EU countries to keep ski resorts closed until early January, in an attempt to curb the spread of coronavirus.
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Accor doubles down on lifestyle and enters into exclusive negotiations with Ennismore
The Newly Established Lifestyle Entity Is Set To Become The Largest & Fastest Growing Global Player With 12 World-class Brands
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Europeans are planning 2021 trips despite second wave
European travellers have a stable and positive attitude towards travel but concerns over falling ill at the destination and quarantine restrictions have resulted in postponing more trips to 2021.This is according to the latest report “Monitoring…
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European 'traffic lights' system aims to reopen travel
The European Union has announced a “traffic light” system in the hope of restarting international travel.
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Hilton opens first hotel in Faroe Islands
Hilton has opened its first hotel in the Faroe Islands, the archipelago of 18 isles located between Iceland and Norway. The Hilton Garden Inn Faroe Islands is the first internationally branded hotel on the islands…
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ACI: Almost 200 European airports face insolvency in coming months
Airports Council International has issued a stark warning on the future of European airports, as new data shows a loss of nearly 1.3 billion passengers at European airports since January. ACI Europe said that an estimated 193 airports face…
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