Industry News & Reports
Minor takes stake in GHA
Date: November 2018 Location: Global What: Minor Hotels, Bangkok, has taken a 10% stake in the Global Hotel Alliance, (GHA) with an investment worth US$3.2 million.
Read MoreLondon and Paris Woo American Millennials with First Ever Joint Marketing Campaign
Date: October 2018 Location: London & Paris
Read MoreLotte to Invest US$44 Billion Over Next Five Years – 25% in Tourism
Date: October 2018 Location: HQ in Seoul, Korea Name: Lotte Hotels
Read MoreApparently Millennials Love Travel More Than Netflix, Gluten, And Sex
Date: October 2018 Location: Global What: Would You Rather — the greatest game to grace the slumber party scene (don’t @ me) — is an essential test of character. Whether you’d prefer to drink your own pee or lick peanut butter off of a hobo’s foot speaks volumes about your constitution. But new research on millennial…
Read MoreUK Hospitality Sector Reaches £102bn Value in 2018
Date: October 2018 Location: UK What: The UK hospitality sector has reached a total annual turnover of £102bn and a year-on-year growth of 4%, Who Said: The Office for National Statistics (the British Government) The data represents the first time that all businesses in the ‘Accommodation and Food Services Activities’ category have turned over in excess…
Read MoreBlue Badge Access Awards Unveils New Look & Expanded Scope
Date: October 2018 Location: UK Name: Blue Badge Access Awards
Read MoreLondon Hotel Growth Predicted to Outpace Rest of Europe
Date: October 2018 Location: London Who Said: JLL and London & Partners What: According to findings from a new report monitoring hotel capacity across European cities, London is set to add 11,600 rooms (representing 8% uplift) to its hotel market by 2020, providing business and leisure visitors planners with an even greater choice of accommodation.
Read MoreHotel Deals Pace Slows as Owners Hold Assets
Date: October 2018 Location: USA What: Comment at the 2018 Lodging Conference
Read MoreJennifer Fox Resigns as Millennium & Copthorne Hotels CEO After Just 3 Months
Date: September 2018 Location: Name: CEO Millennium & Copthorne Hotels
Read MoreMarriott International to Expand African Portfolio by 50%
Date: September 2018 Location: Africa Name: Marriott brands such as Aloft Hotels, Element, Courtyard by Marriott and Residence Inn by Marriott with hotels already under development. It is also looking for opportunities to bring Fairfield by Marriott to the continent.
Read MoreHorrendous Results for Hotel Roa Roa, Palu, Indonesia
Date: September 2018 Location: Palu, Central Sulawesi, Indonesia Name: Hotel Roa Roa
Read MoreCornell Center for Hospitality Research Publishes Hotel Brand Reputation Analysis
Date: September 2018 Location: USA and Canada By Whom: Cornell University’s Center for Hospitality Research
Read MoreUS Hotel Occupancy Down 3.5 Percent to 61.7 Percent – Week Ending September 8th – 2018
Date: September 2018 Location: USA Who Said: STR What: The U.S. hotel industry reported mostly negative year-over-year results in the three key performance metrics during the week of 2-8 September 2018, according to data from STR.
Read MoreNorthern UK Hotel Investment hits £482m in First Half 2018
Date: August 2018 Location: North of England, UK Name: Report by Savills
Read MoreWhat Does Due Diligence Involve?
Date: August 2018 THPT Response: All the obvious things… however we came across a firm that added an interesting dimension to DD. GPW is a political risk, investigations and dispute consulting firm with offices in London, Dubai and Singapore.
Read MoreCould New York Soon Become Undersupplied?
Date: July 2018 Location: New York, USA What: Too few hotels!
Read MoreSuppose Robots Replace Humans in Hotels….
Date: July 2018 Location: Global Who Said What: Frank Wolfe, the CEO of Hospitality Financial and Technology Professionals
Read MoreHotel Investment in Spain Plummets by 55% in H1 2018 to €960M
Date: July 2018 Location: Spain Who Says: CBRE
Read MoreIndia Budget Chains Look Outward
Date: July 2018 Location: India Name: FabHotels & OyoRooms…and others
Read MoreThe Apartment Service Launches 7th edition of GSAIR (Global Serviced Apartments Industry Report)
Date: June 2018 Location: Global Name: Global Serviced Apartments Industry Report
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