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Hospitality

U.K. Inflation Falls to Lowest Level in over Two Years

2024-03-22 17:53:46| Hotel Resource

In the year to February 2024, inflation stood at 3.4%, according to the Office for National Statistics. This is down 0.6%, compared to January.

Category:

Hospitality
 
Hotel Revenue Management Glossary: An A to Z Guide of the Key Terms All Hoteliers Should Know

2024-03-22 17:53:46| Hotel Resource

'Only 12.5% of the accommodation in this hotel is occupied, which makes one ruminate.' So wrote the humorist, Moose Allain, on X, formerly Twitter. A nice joke but for hoteliers Revenue Management is no laughing matter.

Category:

Hospitality
 
Malaysia Airlines Named Official Commercial Airline of Manchester United

2024-03-22 16:52:56| Hotel Resource

Manchester United and Malaysia Airlines have announced a multi&year partnership which will see the airline become the club's official commercial airline.

Category:

Hospitality
 
Sustainability in the Hospitality Industry & By Anjusha Chemmanur and Céline Fenech

2024-03-21 23:53:09| Hotel Resource

According to data from a recent Deloitte European Hospitality Industry Conference industry survey, only half of the respondents see 'climate change disruptions' as high risks this year or in a one to three year timescale, while only 39% indicated that 'non&compliance with the growing sustainability agenda' is a risk over the same time period.

Category:

Hospitality
 
Over the Next Five Years, Demand for U.S. Hotel Industry Jobs Projected to Be 50% Higher Than National Average

2024-03-21 21:53:38| Hotel Resource

REPORT: Hospitality Careers Are in Demand, Outpacing National Projected Growth

Category:

Hospitality
 
AHLA Foundation Expands Program to Support HBCU Students Pursuing Hospitality Careers

2024-03-21 21:53:38| Hotel Resource

The travel scholarship program, supported by a grant from the Nareit Foundation, will increase student exposure to commercial real estate career pathways

Category:

Hospitality
 
More Than 75 Hospitality Groups Urge Senate Passage of Tax Relief for American Families and Workers Act

2024-03-21 21:53:38| Hotel Resource

The American Hotel & Lodging Association (AHLA), the International Franchise Association (IFA), the National Restaurant Association, and the U.S. Travel Association joined dozens of hospitality groups in a letter to Senate Majority Leader Charles Schumer and Senate Minority Leader Mitch McConnell urging Senate passage of the Tax Relief for American Families and Workers Act (H.R. 7024).

Category:

Hospitality
 
Shilla Stay Seodaemun Hotel in Seoul, South Korea Listed for Sale

2024-03-21 21:53:38| Hotel Resource

Located at a busy intersection near Seoul's Central Business District, the 319&key Property has excellent frontage and accessibility. The Hotel has operated since 2015 and is a quick walk from key demand generators.

Category:

Hospitality
 
Final Quarter Boosts European Hotel Deal Volumes for 2023

2024-03-21 18:53:02| Hotel Resource

A strong final quarter saw European hotel transactions reach nearly EUR 17 billion last year, according to new data from Cushman & Wakefield.

Category:

Hospitality
 
CBRE Releases 2024 Global Hotels Outlook

2024-03-21 18:53:02| Hotel Resource

Sector&Specific Tailwinds Should Offset Broader Economic Challenges

Category:

Hospitality
 

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