Access Point Financial Appoints New Senior Leadership Team to Accelerate Corporate Growth and Program Expansion
Access Point Financial Appoints New Senior Leadership Team to Accelerate Corporate Growth and Program Expansion

Access Point Financial, LLC · 15 Jul

Access Point Financial, LLC (APF), a leading direct lender and specialty finance company focused exclusively on the hospitality industry, today annou

Three Hotel Brands Add to Collections

hotelbusiness.com · 15 Jul

Braemar Hotels & Resorts Inc., Choice Hotels and Hyatt Hotels Corporation have added properties to their collections. Here are the details: Autograph

HFTP Annual Convention 2019 General Session Speakers Announced, Covering Communication, Leadership and Travel Industry Trends
HFTP Annual Convention 2019 General Session Speakers Announced, Covering Communication, Leadership and Travel Industry Trends

HFTP · 15 Jul

Hospitality Financial and Technology Professionals (HFTP®) is set to offer professional inspiration at its upcoming Annual Convention. The event offe

Hospitality Financial Leadership - The Basic Principles
Hospitality Financial Leadership - The Basic Principles — By David Lund

The Hotel Financial Coach · 15 Jul

Accounting was a trade that had a global language much like carpentry or plumbing. There were universal rules that applied and these principles were exactly the same in the hotel business. That was good news. Accounting principles are universal. The way in which accounting is done throughout the world is a direct by-product of these principles: “Accounting principles are the rules and guidelines that companies must follow when reporting financial data. The common set of U.S. accounting principles is the Generally Accepted Accounting Principles (GAAP).”

Marriott Resort Fee Lawsuit Puts New Target on Long-Held Hotel Industry Practice

skift.com - Hotels · 15 Jul

Do not think that this lawsuit only matters to Marriott. Competitors are keeping a close eye on the case, knowing they could be next. The industry ha

Accor pledged higher broiler chicken welfare in Europe

eHotelier.com · 15 Jul

Accor announced that the Group has adopted the European Chicken Commitment* and has committed to reach the higher welfare standards by 2026 for 100%

Amsterdam's ban on hotel development helps raise average rates and boost RevPAR
Amsterdam's ban on hotel development helps raise average rates and boost RevPAR

4hoteliers.com · 15 Jul

With international and domestic visitation to Amsterdam growing by nearly 7% a year over the past ten years.

Global Expansion for Hotel Brands - Wyndham Hotels and Resorts
Global Expansion for Hotel Brands - Wyndham Hotels and Resorts

Ecole hôtelière de Lausanne (EHL) · 14 Jul

In an increasingly globalized world where travel has become faster, cheaper, and more convenient, the hospitality industry has been thriving with tra

A Look at Recent Hotel Funding Deals

hotelbusiness.com · 12 Jul

Hotel companies are seeking loans and refinancing properties. Some recent deals include PMZ Realty Capital LLC, HFS Financial and JLL.

Thomas Cook Plans $940 Million Rescue With Fosun as Breakup Looms

skift.com - Travel Services · 12 Jul

The news isn't great for shareholders but it does offer some encouragement to employees and anyone who has booked a flight or holiday this summer.

Three Reasons the Economy Sector of Hospitality Is So Profitable
Three Reasons the Economy Sector of Hospitality Is So Profitable

Lodging Magazine · 12 Jul

Rob Palleschi, CEO of G6 Hospitality, the parent company of Motel 6 and Studio 6, shares some of the reasons the economy sector of hospitality is so

StayPlease Raises Funds to Expand 'Slack for Hotels': Travel Startup Funding This Week

skift.com - Digital · 12 Jul

This week's travel startups, including Sonder, StayPlease, and Bolt, released a series of funding announcements, many of them for undisclosed amounts

Visa Policies Fail to Keep Up With India's Growing Travel Market

skift.com - Destinations · 12 Jul

Most countries are still prejudiced against the Indian passport. That's a shame. Indian travelers are a legitimate, growing source for the global tou

Six Senses signs Loire Valley resort development in the 'Garden of France
Six Senses signs Loire Valley resort development in the 'Garden of France

4hoteliers.com · 12 Jul

Six Senses Hotels Resorts Spas has a track record of discovering the world's most out of the ordinary destinations in which to create exceptional gue

Northside Consulting: Excellence in New Hotel Openings
Northside Consulting: Excellence in New Hotel Openings

4hoteliers.com · 11 Jul

Northside Consulting is reinventing the process of opening new properties with a state-of-the-art management approach that makes it smoother, more ef

IHG signs second Voco for Saudi Arabia
IHG signs second Voco for Saudi Arabia

Hotel Management · 11 Jul

When it opens early next year, the Voco Makkah will be the company's fourth hotel in Islam's holiest city.

How the hotel industry has adapted to GDPR
How the hotel industry has adapted to GDPR

HotelNewsNow · 11 Jul

The European Union's General Data Protection Regulation went into effect in May 2018, but many companies outside of Europe are still playing catch up

NAACP report: scant progress toward exec parity at hotels
NAACP report: scant progress toward exec parity at hotels

Hotel Management · 11 Jul

The organization's diversity report put Hilton, Hyatt, Marriott and Wyndham under the microscope for its latest analysis and "report card."

Follow the Money: Firms Finance Three Hotel Projects
Follow the Money: Firms Finance Three Hotel Projects

hotelbusiness.com · 11 Jul

Sonnenblick-Eichner Company, Cronheim Hotel Capital (CHC) and Knighthead Funding LLC are financing projects in California, Georgia and Massachusetts.

Follow the Money: Firms Finance Four Projects

hotelbusiness.com · 11 Jul

Sonnenblick-Eichner Company, Cronheim Hotel Capital (CHC) and Knighthead Funding LLC are financing projects in California, Georgia and Massachusetts.

Boutique Rental Brand Sonder Raises Another $225 Million

skift.com - Digital · 11 Jul

Sonder's hotel-style serviced apartments operate in that sweet spot between Airbnb homeshares and full-on hotels. There are, of course, plenty of riv

Is the World's Worst Travel Fee About to Disappear?

Professional Convention Management Association (PCMA) · 11 Jul

The world's worst travel fee may be history. Mandatory resort fees could disappear if a lawsuit filed this week by the District of Columbia's Attorne

Sonder valued at $1B following $210M Series D round

PhocusWire · 11 Jul

The round puts the hospitality brand at $400 million in total funding and a valuation of more than $1 billion.

Wake Up Hospitality: Marriott Fine Proves GDPR Legislation Has Teeth
Wake Up Hospitality: Marriott Fine Proves GDPR Legislation Has Teeth

Hospitality Technology Magazine · 11 Jul

The UK's ICO levied a PS99M ($124M) fine on Marriott for its Starwood data breach affecting 30M EU residents.

Is the ICO's Fine on Marriott Unreasonable?
Is the ICO's Fine on Marriott Unreasonable?

Hospitality Technology Magazine · 11 Jul

The company is being fined approximately $0.31 per exposed EU guest record.