Management

While the old school travel industry still dominates in stock market valuations, there’s no doubt that Airbnb has caused disruption. Even after the devastating pandemic, travel stocks are still a powerful option…
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Hotels struggled to remain profitable in 2020, and breaking even was considered positive. In order to stay in business, many hotels cut services where they could…
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A recent task force assignment sent me to a high end resort in Florida as Food & Beverage Manager.  While there still are plenty of challenges to be met during this recovery period in the industry, there are also many encouraging signs of a strong…
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At the start of the pandemic, I implemented, when considered in retrospect, was an uncharacteristic experiment. For an entire day, I tried not to touch anything in a public space…
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As we are all aware, budgeting for 2022 will present some challenges. Without a crystal ball, we are going to need to use our knowledge to form new ways to plan for our future.
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Kenneth Macpherson is the chief executive officer for Europe, Middle East, Asia and Africa…
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The U.S. hotel industry has been struggling with its labor shortage since before the COVID-19 pandemic, and the resulting drop in and outsized recovery of demand has only exacerbated the problem.
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As the hotel industry continues to recover from the ongoing COVID-19 pandemic, there will almost certainly be opposing views on which pandemic-related service adjustments will have future staying power…
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Hotels or accommodation providers get a variety of guests. While it may not be possible to give them strict labels, it is considered useful to segment the guests under certain categories…
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Crown Resorts‘ auditor on Thursday warned that numerous money-laundering probes into the Australian casino operator and the impact of the COVID-19 pandemic cast “material” uncertainty over the company’s ability to continue as a going concern…
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An affiliate of Cascade Investment LLC, a longstanding shareholder, has entered into a definitive agreement to acquire a controlling interest in Four Seasons Hotels and Resorts.
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Hyatt Hotels Corporation (NYSE: H) announced that Hyatt has entered into a definitive agreement to acquire Apple Leisure Group (ALG), a leading luxury resort-management services, travel and hospitality group, from affiliates of each of KKR and KSL…
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Yes, that retail sector – the one that has been all but obliterated by the pandemic…
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A lot gets written about certain things in the hotel industry and others not so much as a mention. I am not saying it is simply a matter of blatant favoritism or anything like that but it is not lost on me that certain items get the limelight…
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Elie Khoury, executive vice president of operations at Aimbridge Hospitality, has faced many operational challenges during his 25 years in the industry. With each downturn, Khoury believes, hotel operators grow smarter and wiser…
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It wasn’t long ago when major hotel companies expected a full recovery in China sometime this year. That’s no longer the case.
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Microsoft Corp has invested $5 million in SoftBank-backed Oyo, according to a regulatory filing, ahead of the Indian hotel chain’s plan to go public.
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Most people in the travel business, and many outside it, are familiar with three primary models of hotel operations – owned, managed, and franchised.  In Asia, the first two models have ruled the roost for several decades.  Most established brands…
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Hotel investment activity hits $30 billion in H1; investors’ appetite grows in Europe, North America and Southeast Asia markets
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Bob Diener and David Litman, the sexagenarian duo who co-founded Hotels.com and Getaroom, are back with the launch of a unique hotel distribution network in the U.S. that offers mostly 3-star hotels a minimum revenue guarantee…
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Hotels around the UK are seeing cancellation rates of over 50% as holidaymakers plan trips abroad following changes to the traffic light system.
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Hotel giant Hyatt will spend $2.7 billion in cash on acquiring Apple Leisure Group from its private equity ownership.
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Just released at the 13th Annual Hotel Data Conference, STR and Tourism Economics have upgraded the U.S. hotel forecast for 2021 as a whole and lessened growth projections for 2022…
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Accor has launched an offer to cater to the flexible workers of the pandemic era. Commute and Stay is designed for workers who have moved out of the city but might commute to the office two or three days per week…
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