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Kenny Rogers never sang about debt yields or PIPs, yet he still managed to offer some of the best investment advice in the industry: «You've got to know when to hold 'em, Know when to fold 'em, Know when to walk away, And know when to run»…
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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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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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The Greek Ministry of Environment and Energy has ordered the suspension of construction of a five-star hotel near iconic Sarakiniko Beach on Milos, pending a legal review of the building permit. The directive was issued to the island’s planning…
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The luxury Golden Sands Hotel remains as the centrepiece of the Cypriot town of Varosha, which was evacuated in 1974 due to fighting between Greek and Turksih Cypriots.
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PPHE Hotel Group, the owners of Park Plaza Hotel and Holmes Hotel, has refinanced more than £150m in debt…
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Ennismore, the group behind the Hoxton hotel chain, is betting on the Middle East and the Americas for its growth after warning that Europe is becoming “challenging” for hotel development.
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The cabinet’s plans to increase value added tax (btw) on hotel rooms will put up prices 11% and cost the sector hundreds of millions of euros, the Financieele Dagblad reported on Monday.
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We all remember those days in March 2020 when we realized that Covid 19 was going to be different than anything we had experienced in our lives. Almost overnight, the entire country shut down. As we dealt with the unknown, reports informed us that…
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Amid mounting U.S. legislative pressure on "junk fees," hospitality industry leaders say they welcome regulation as long as it is evenly applied across the lodging sector as a whole…
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Resort fees aren’t illegal, but hiding them as consumers plan their overnight stays violates the state’s Consumer Protection Act. The FTC is also working to address “junk” fees…
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Attorney General Phil Weiser today announced a settlement agreement with Marriott International, Inc. that will make it easier for consumers to find the actual price of a room if they choose to book with the hotel chain…
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On July 1, 2024, a comprehensive ban on pricing goods and services without including all mandatory fees will go into effect in California…
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Are you ready for the latest hotel gimmick? It’s giving you what you want. I know, it’s revolutionary. But that’s the surprising discovery Eric Stone recently made when he booked a room at a Holiday Inn property in Las Vegas…
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The hospitality industry is witnessing a shift in pricing strategies as hotels grapple with cost increases…
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The recently introduced 'Hotel Fees Transparency Act' also seeks to enhance consumer transparency - THE U.S…
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The Temptation of Hidden Fees Rate Manipulation - Let’s face it; we’ve all been tempted to play with rates to boost revenue. It’s the oldest trick in the revenue management book, you might even say that’s exactly what revenue management is…
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When did it become common practice for companies to charge people to death at point-of-sale, after pulling them in with lower advertised prices? In an age where transparency in pricing should be the norm, consumers are navigating a minefield of…
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