Management

Following the events of the past two years, it’s easy to see that hospitality is transitioning into a new era. Guest preferences are changing, and technology is giving operators more room to run hotels their way…
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While U.S. hotel demand has been on a recovery path for most of the year, hoteliers continue to struggle with having too many open jobs to properly service that demand.
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Travelodge has reported “record Q3 results”, as the group continues to recover following the Covid-19 pandemic.
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JLL Hotels & Hospitality releases its first annual Global Asset Management Report detailing what hotel owners should consider as travels returns
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Macao casino stocks slid on Monday, rattled by the arrests of 11 people over alleged links to cross-border gambling and money laundering, with the founder of the gaming hub's biggest junket operator among those detained…
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With the surge in travel demand, the Indian hotel sector has been regaining ground faster than expected, with occupancy climbing significantly in recent months, strengthening the sector's hope for a stronger rebound…
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Interview with David Kelly, senior vice president for continental Europe at Hilton as the U.S. border reopens to EU countries.
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Nicolas Huss became CEO of Hotelbeds just over six months ago, taking up the reins from chairman Joan Vila. Huss has a background in the financial and payments industry and was previously CEO of Ingenico and Visa Europe…
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Incremental revenue doesn’t have to be a bonus. With a machine learning (ML)-based merchandising program, it can be a reliable revenue stream.
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A dollar is a dollar; a euro is a euro; a quid is a quid; a yuan is a yuan; and, for the crypto crowd, a bitcoin is a bitcoin - right?
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Global travel pricing across hotels, air and ground is expected to increase in the next two years, primarily driven by increasing demand, capacity constraints and travelers’ sustainability demands, plus increased labor and fuel costs, according to…
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The Marriott hotel in Prague refused to host a conference this month aimed at drawing attention to alleged human rights abuses in China, the hotel chain confirmed to CNN on Friday.
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Which aspects of life and business has the pandemic not impacted? It’s hard to come up with any. Especially when you look at the hospitality industry, barely anything is as it was one or two years ago…
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The recent global pandemic has certainly accelerated a change in the way we work and interact in companies. However the concept of co-working has been around for some years now. By 2025, 6.5 million people are expected to be working remotely…
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Some sort of marriage, whether an outright acquisition or more of a loyalty alliance, is necessary to give Accor stronger footing in the U.S. But the pandemic didn't provide any opportunity to capitalize on takeover bargains…
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During the session “The Lodging Industry Landscape: View from the Upscale Segment,” at the 43rd Annual NYU International Hospitality Industry Investment Conference, leaders gathered to discuss the current state of the upscale segment…
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It was once an exclusive five-star resort floating directly over Australia's Great Barrier Reef. Today, it sits dilapidated in a North Korean port, a 20-minute drive from the Demilitarized Zone, the restricted area that separates the two Koreas…
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I do not know about your experience, but for me growing up in the hotel world, and especially my first decade working in F&B and rooms, the adage, “Look after the guests and the money will look after itself,” was literally beat into my head…
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Wyndham’s move to terminate its management contracts with an acquired CorePoint has significant implications around where major companies want to focus their resources in a post-pandemic hotel environment…
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As the hospitality industry continues its march back from the COVID-19 pandemic, the 43rd Annual NYU International Hospitality Industry Investment Conference returned to an in-person event at the New York Marriott Marquis here…
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There is never a dull moment when it comes to marketing in general. It’s even more so in the digital marketing sphere where tactics, platforms and features evolve at such a speed it can be difficult to keep pace…
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Company Increases Dividend 33% to Pre-Pandemic Level Raises Full-Year 2021 Outlook
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STRONG RECOVERY IN ACTIVITY DURING THE SUMMER. IMPROVEMENT IN EBITDA SENSITIVITY AND CASH BURN INDICATORS FOR FULL-YEAR 2021. ORGANIC OPENINGS AT 10,000 ROOMS
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Hilton, for the third quarter ended Sept. 30, reported net income of $240 million. The company’s results were aided by the continued strength of leisure travel, as well as an uptick in business travel…
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