The Advantages of Owning a Small Hotel
How hands-on operations, a personalized approach, and shifting market dynamics are making boutique hotels a compelling investment.
read more
By tag
Select Tags:
Hilton signs two Spark hotels in Austria
Hilton's Spark brand is one of the fastest growing new brands in the market, and is now growing across Europe with new signings in Germany and Austria
read more
Aldar to invest $408 million to transform its hotel portfolio amid UAE tourism growth
Aldar Properties, Abu Dhabi’s biggest property developer, is investing Dh1.5 billion ($408 million) to transform its hotel portfolio amid a boom in the UAE’s tourism sector.
read more
New projects: international hotel brands in Turkey
Turkey is a highly popular tourist destination, attracting millions of visitors yearly with its rich history, cultural heritage, and beautiful coastal areas. In addition to its vital tourism industry, Turkey is also a hub for business travel due to…
read more
Park Plaza Hotel owner refinances £150m in debt
PPHE Hotel Group, the owners of Park Plaza Hotel and Holmes Hotel, has refinanced more than £150m in debt…
read more
One Blackpool hotel group told me in 12 months they paid £800k in commissions to Booking.com
Hoteliers and B&B owners have raised concerns over the business practices of Booking.com in Blackpool…
read more
Silicon valley’s tech bros are having a difficult few weeks. A growing number of investors worry that artificial intelligence (ai) will not deliver the vast profits they seek. Since peaking last month the share prices of Western firms driving…
read more
Paris hotel operators cut prices in last-ditch attempt to lure Olympics travelers
With the Olympics underway in Paris, hotel operators made a final push to lure last-minute travelers, lowering prices and dropping minimum stay requirements after some people balked at what they saw as price-gouging prior to the games…
read more
The Empire State is implementing a ban on single-use plastic toiletry bottles in hotels. Starting January 1, 2025, hotels with more than 50 rooms will no longer provide the miniature shampoo and conditioner bottles…
read more
The Top 10 Accounts Receivable Controls
“AR” as we commonly refer to the sub department of the accounting function is a mainstay in any larger group-based hotel. In these juggernauts the importance of efficiently collecting your money is mission critical. Not only do we take the chance…
read more
Menu Price Increases Need a Quick Reverse Course
When industry people get together to talk about hospitality there is never any shortage of enthusiasm. Topics of discussion often include new methods, advancements, current concerns, and directional advice, but how do you know what to accept as…
read more
Luxurban hotels CEO and CFO buys $200k in company stock
In a recent move that has caught the attention of investors, Shanoop Kothari, the CEO and CFO of Luxurban Hotels Inc. (OTC:LUXH), has made a significant purchase of company stock. The executive acquired 800,000 shares at a price of $0.25 per share…
read more
Hilton has grand visions for the small NoMad brand
Hilton provided some color about its acquisitions of Graduate Hotels and NoMad Hotels during its Q1 earnings call Wednesday.
read more
Digitizing Gratuity: Hotel Tipping for Modern Guests
Learn how digital tipping fosters higher wages, feedback, and talent retention in the hospitality sector.
read more
Unpacking the Shift in Restaurant Tech Spending
Industry experts weigh in on why they think restaurant IT budgets are increasing and how that tech spend will affect the industry.
read more
How Hotels Can Leverage Financial Integration to Boost Efficiency and Profitability
Within a hotel organization’s finance and accounting departments, the importance of system integration cannot be overstated. Ensuring that all elements of the tech stack complement each other’s capabilities not only streamlines critical property…
read more
2024 investment volumes for European hotels to be significantly ahead of last year, says Savills
According to Savills latest research, investment volumes for European hotels this year are expected to significantly surpass 2023’s numbers.
read more
Global chains are driving a boom in Africa’s hotels
The world’s largest hotel chains, including multiple American majors, are behind the rising number of newly planned hotel and resort projects in Africa.
read more