Revo Hospitality files for insolvency in Germany and Austria, hotels keep running
Revo Hospitality has filed for insolvency under self-administration, affecting around 125 hotels in Germany and Austria, with operations continuing while a restructuring process is implemented.
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IHG taps McDonald’s VP to guide artificial intelligence strategy
With deep technology expertise and franchise understanding, Wei Manfredi joins IHG as senior vice president of AI and architecture.
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China's market regulator probes Trip.com over suspected abuse of market dominance
China's market regulator has opened a formal investigation into online travel platform Trip.com Group for suspected abuse of its dominant market position and monopolistic practices, according to an official notice released on Wednesday…
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Great Barrier Reef’s Hamilton Island to be bought by US private equity firm in reported $1.2bn sale
Blackstone says it has agreed to buy popular Whitsundays island from Australian winemaking family
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Atari Launches Hotel Chain & Invites Gamers To Invest In 'The Future Of Hospitality'
No, your eyes are not deceiving you. Atari have launched 'the first-ever purpose-built gaming hotel in the Western Hemisphere', and it sounds like something from a sci-fi movie come to life.
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Flow Thru — this is my abbreviation — is a catch-all phrase that measures how much made it through your business comparing one period to another. What made it through, from revenues to profit. Another term to describe this measurement is retention…
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This New Year’s Eve is expected to unfold differently for Bulgaria’s hotel and restaurant sector, as a temporary suspension of POS terminals and ATMs will disrupt card payments for several hours. The pause is connected to the technical transition of…
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Dutch hotel investors optimistic for growth
After lagging significantly behind its European neighbors, hoteliers and analysts say the Dutch hotel investment market is entering a new era. Visitor growth, slowing inflation and limited supply are driving increased investor interest, along with…
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Sonder Hotels Liquidation Exposes Limits of Tech-First Hotel Models
Sonder's bankruptcy and liquidation after its failed partnership reveal the risks of tech-driven, asset-heavy hospitality models
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Guests reportedly left stranded mid-stay following collapse of Marriott-linked hotel chain
The sudden announcement that the hotel operator was no longer working with Sonder caused some guests to spend thousands to find new rooms on short-notice
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Amenitiz raises $45M to empower independent hotels with AI management
Independent hoteliers and smaller property managers throughout Europe have struggled with using multiple disconnected tools and outdated software that do not meet their specific operational needs.
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Dubai Overtakes Las Vegas With Surge in Hotel Rooms
The two cities have much more in common than meets the eye—including an eye-popping number of hotel rooms. But Dubai is racing ahead in more ways than one.
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6 Hotel Marketing Budget Fixes to Survive (and Thrive) This Budget Season
When Q4 hits, hotel marketers and sales teams everywhere brace themselves for what can only be described as the “Game of Thrones” of the hospitality world: Budget Season…
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Bain takes stake in struggling French group
Les Hôtels de Paris now has the capital and plan in place to settle its liabilities and finance development.
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Rising star chef arrested after 'robbing three banks on the same day'
Valentino Luchin is a celebrated chef who has worked in the California food industry for decades - but the robbery accusations are not his first run-in with the law
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Forbes vs. Michelin vs. 50 Best: Which Hotel Rankings Really Matter
Stars, keys, scores, lists…everywhere you look, hotels are being ranked…
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Institutional capital buying into ultraluxury
Family offices and high net worth individuals have dominated investment in small, ultraluxury hotels for years. But Ad Altius CEO Thomas Brown says that is starting to change with institutional capital recognizing the value of scarcity and since…
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West Belfast-born property investor Paddy McKillen has reportedly been awarded more than £700 million arising from a dispute with the Qatari owners of three upmarket hotels in London.
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