6 Ways to Turn a Crisis Into an Opportunity
When a crisis strikes an industry, most hunker down to reduce damage. Amid the chaos, it’s easy to overlook the opportunities a crisis turns up.
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How hoteliers are pricing rooms amid demand lows
The coronavirus pandemic has made it difficult for U.S. hoteliers looking to drive rates because demand has dropped overall, but they have found some opportunities for growth.
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Digital is the new normal and the future of hospitality
The past few months have been a strange time in the hospitality industry. We have seen a lot of hotels closing. Some haven’t opened up since. But the ones that did are doing a lot to keep up with the new normal…
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As UK furloughs near end, Whitbread to shed 6,000 jobs
The effects of COVID-19 on the United Kingdom’s hotel industry and the end of the government’s furlough scheme have forced Whitbread PLC, the U.K.’s largest hotel company by asset number, to terminate 6,000 jobs, 4,500 of which are in the company’s…
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Driftwood Capital gears up for ‘tsunami of deals’
Driftwood Capital expects a wave of distressed assets to hit the market within the next three to six months as government funding runs out…
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IHG’s Voco brand adds first Austrian property
Intercontinental Hotels Group has added the first property under its Voco brand in Northern Europe. The former Holiday Inn Villach in Austria’s southern Carinthia province has been reflagged as the Voco Villach…
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The pandemic hurt Richard Branson's business empire. He's looking for new deals anyway
The coronavirus pandemic has battered Richard Branson's business empire. Now, the billionaire is going on the offensive…
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Luxury aparthotel to open in London’s Sloane Gardens
Luxury home accommodation firm Under The Doormat is to open a boutique aparthotel on London’s Sloane Gardens next month.
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