M3 Launches M3 Expense Management, Powered by SIB, Offering Cost Reductions and Spend Analyses to Customers
M3 Launches M3 Expense Management, Powered by SIB, Offering Cost Reductions and Spend Analyses to Customers

M3 · 15 Oct

M3, the hospitality sector’s #1 cloud-based accounting, financial and data management platform in North America, announced today M3 Expense Managemen

JMBM's Global Hospitality Group® Announces $210 Million in Completed C-PACE Transactions for Clients
JMBM's Global Hospitality Group® Announces $210 Million in Completed C-PACE Transactions for Clients

JMBM · 14 Oct

The Global Hospitality Group® of Jeffer Mangels Butler & Mitchell LLP (JMBM) is pleased to announce that their team has completed $210 million in C-P

Hotel Asset Managers Maintain Recovery Optimism Despite Late-Year Warning Signs
Hotel Asset Managers Maintain Recovery Optimism Despite Late-Year Warning Signs

HotelNewsNow · 13 Oct

When the Hotel Asset Managers Association last met in the spring, the COVID-19 pandemic had just passed the one-year mark in the U.S., and members we

Hospitality Financial Leadership – Money Never Looks After Itself
Hospitality Financial Leadership – Money Never Looks After Itself — By David Lund

David Lund · 11 Oct

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.

Announcing - Creating a Financially Engaged Leadership Team in Your Hotel - Keynote or Breakout Speaking Session Now Available
Announcing - Creating a Financially Engaged Leadership Team in Your Hotel - Keynote or Breakout Speaking Session Now Available

David Lund · 7 Oct

With this hotel financial leadership talk, your team will come away with education and a plan of action.

Book4Time launches it’s fully integrated payment solution Book4Time Pay
Book4Time launches it’s fully integrated payment solution Book4Time Pay

Book4Time Inc. · 7 Oct

Book4Time, the global leader in spa and wellness business management solutions for the hospitality market launches Book4Time Pay, the company’s new a

Former Pro-invest trio target Asia Pacific hotel recovery cycle with new investment platform
Former Pro-invest trio target Asia Pacific hotel recovery cycle with new investment platform

H-PEP · 7 Oct

Leading hotel industry investment executives Phil Kasselis, Luke Sullivan and Ed Faraguna have joined forces to create a private equity real estate f

arena4finance partners with US experts, Ascend, to offer HFTP certificates
arena4finance partners with US experts, Ascend, to offer HFTP certificates

arena4finance · 6 Oct

Arena4finance is proud to introduce the arrival of a new online course for the hospitality industry: ‘A deep dive into the Uniform System of Accounts

HVS Asia Pacific Hospitality Newsletter - Week Ending 1 October 2021
HVS Asia Pacific Hospitality Newsletter - Week Ending 1 October 2021

HVS · 4 Oct

MGM Resorts International and ORIX Corporation Joint Venture to Develop a Multi-billion Dollar Integrated Resort in Osaka Prefecture, Coliwoo and Fou

Hotels Owners Interested in Interest
Hotels Owners Interested in Interest — By Robert Mandelbaum, Mark K. Owens

CBRE Hotels · 1 Oct

Hotels Owners Interested in Interest To analyze the impact that declining EBITDA levels had on the ability of hotel owners to pay their interest expense, CBRE studied a sample of 1,121 hotels that reported interest payments in their operating statements for the years 2019 and 2020.

3H Group and LBA Hospitality form strategic alliance for future growth
3H Group and LBA Hospitality form strategic alliance for future growth

LBA Hospitality · 30 Sep

LBA Hospitality, based in Dothan, Ala., and 3H Group, headquartered in Chattanooga, Tenn., announced the formation of their new strategic alliance, w

Choice Hotels EMEA Focuses on French Growth and Observes Increasing Consumer Confidence in the Market
Choice Hotels EMEA Focuses on French Growth and Observes Increasing Consumer Confidence in the Market

Choice · 30 Sep

Having observed increased consumer confidence in the French market through encouraging domestic leisure travel in July and August, Choice Hotels EMEA

Business Travel- Lagging? Hotels can use these SMART Strategies to Retain Business Travelers
Business Travel- Lagging? Hotels can use these SMART Strategies to Retain Business Travelers — By Jefrey Walter

Jefrey Walter · 28 Sep

Leisure travel is booming, whereas business travel is lagging! The vaccine rollout has made it possible for the global hospitality industry to get back on track where leisure travelers are flying in numbers and thereby allowing more countries to open for travel. The total domestic revenues for paid accommodations are forecasted to reach $213.5 billion in 2021, a 53.3% increase over 2020.

JMBM Is Hotel Counsel for Condor Hospitality in $305 Million Hotel Portfolio Sale
JMBM Is Hotel Counsel for Condor Hospitality in $305 Million Hotel Portfolio Sale

JMBM · 28 Sep

The Global Hospitality Group® of Jeffer Mangels Butler & Mitchell LLP (JMBM) is pleased to announce its representation of Condor Hospitality Trust in

Hotel Transactions Pace Stagnates Across Middle East Markets
Hotel Transactions Pace Stagnates Across Middle East Markets

HotelNewsNow · 27 Sep

During the pandemic, hardly any foreign direct investment has entered the Middle East, and the usual truism remains: When foreign private equity does

Here’s What It’s Like to Renovate a Hotel Amid a Pandemic
Here’s What It’s Like to Renovate a Hotel Amid a Pandemic — By Rayna Katz

HotStats Limited · 27 Sep

Overseeing a large hotel renovation is no easy feat. Complicating matters: a pandemic.

Cloud5 Communications Making $100 Million Available to the Hospitality Industry
Cloud5 Communications Making $100 Million Available to the Hospitality Industry

Cloud5 Communications · 27 Sep

Cloud5 Communications, a leading provider of communications solutions and Managed IT Services for more than 5,000 hotels, MDUs, and commercial facili

The Road Ahead for Hotels in 2022 and Beyond
The Road Ahead for Hotels in 2022 and Beyond — By Bob Rauch

R.A. Rauch & Associates, Inc. · 23 Sep

Before we jump into 2022 plans, please take the quick survey/debate above of how you view the business and feel free to opine on why. Answers will appear on sided.co and on the hotelguru.com website.

Supporting a diverse and inclusive tourism economy in South Africa
Supporting a diverse and inclusive tourism economy in South Africa

Airbnb, Inc. · 22 Sep

Today, Airbnb is announcing a new three-year commitment in South Africa to address barriers to becoming a tourism entrepreneur, and to help rebuild a

Best Circular Economy practices in hotels: the producer and consumer perspective
Best Circular Economy practices in hotels: the producer and consumer perspective

Ecole hôtelière de Lausanne (EHL) · 21 Sep

What is Circular Economy? One definition of economics is to understand how the economic agents make their decisions to satisfy their unlimited needs

Access Point Financial Forms Strategic Alliance with Pike Hill Lodging Partners and Expands Executive Leadership Team
Access Point Financial Forms Strategic Alliance with Pike Hill Lodging Partners and Expands Executive Leadership Team

Access Point Financial, LLC · 21 Sep

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

Onyx CenterSource Develops Payment Platform for Booking.com’s Travel Agency Affiliates
Onyx CenterSource Develops Payment Platform for Booking.com’s Travel Agency Affiliates

Onyx CenterSource · 21 Sep

Onyx CenterSource, a leading global provider of B2B payments and business intelligence to the hospitality industry, today announced it will launch a

Meliá Reaches an Agreement with BBVA to Extend the Benefits of its Franchise Model and Boost Growth
Meliá Reaches an Agreement with BBVA to Extend the Benefits of its Franchise Model and Boost Growth

Melia · 20 Sep

Meliá Hotels International, the leading hotel company in Spain and one of the largest hotel groups in the world, continues to boost growth through fr

China's new personal data privacy law
China's new personal data privacy law

Revinate Blog - Key Trends in Hospitality · 20 Sep

A new law has been passed by China's National People's Congress regarding user data privacy. The law, called the Personal Information Protection Law

Long Waits, High Shipping Costs: The Impact of the Global Supply Chain on Hotels
Long Waits, High Shipping Costs: The Impact of the Global Supply Chain on Hotels

HotelNewsNow · 17 Sep

Like many industries, hotels are at the mercy of the delays in the global supply chain.

Announcing - Hospitality MD Interviews - The Hotel Financial Coach - David Lund
Announcing - Hospitality MD Interviews - The Hotel Financial Coach - David Lund

David Lund · 16 Sep

Be sure to check out the latest HospitalityMD interview with David Lund, the Hotel Financial Coach. Having a grasp on the financials for your hotel i