Advantages of Joining an International Hotel Chain

hotelbusiness.com · 24 Feb

Advantages of Joining an International Hotel Chain - Hotel Business | Hotel BusinessINTERNATIONAL REPORT--Independent hotel owners are increasingly f

Ovolo Group pens emotional letter to Hong Kong

hotelmanagement.com.au · 24 Feb

As Hong Kong hoteliers grapples with damaging events in the city, a highly-charged letter to the state's legislators has been sent by Ovolo Group.

How One Hotel Ensures Non-Desk Employees Can Engage, Communicate with Management
How One Hotel Ensures Non-Desk Employees Can Engage, Communicate with Management

Hospitality Technology Magazine · 24 Feb

The Palazzo Versace Dubai went from notice boards to a mobile solution and was able to effectively eliminate its No. 1 exit interview complaint: lack

Oyo on the Defense After Reporting $335 Million in Losses and 14 Other Top Hospitality Stories This Week

skift.com - Hotels · 23 Feb

This week in hospitality news, hundreds of millions in losses, disgruntled partners, and unsatisfied guests: Oyo has gone from startup darling to som

Four Things to Know About Financing a Hotel Renovation or Conversion

Lodging Magazine · 21 Feb

What do I need to know about financing a hotel renovation? 'What options are available to me to complete my property's required property improvement

EasyHotel adds Madrid hotel
EasyHotel adds Madrid hotel

Hotel Management · 21 Feb

EasyHotel has acquired a freehold site in Madrid, with a forecast cost of acquisition and construction of EUR28m.

Park Hotels Announces The Sales Of The Embassy Suites By Hilton Washington DC Georgetown, Hilton Sao Paulo Morumbi
Park Hotels Announces The Sales Of The Embassy Suites By Hilton Washington DC Georgetown, Hilton Sao Paulo Morumbi

Hotel Interactive · 21 Feb

TYSONS, VA--Park Hotels & Resorts Inc. ("Park") (NYSE:PK) today announced that it has closed on the two separate sales.

Sounding Off: Startups should think big but think realistically

PhocusWire · 21 Feb

Before heading down the startup path with aspirations of disruption, hold onto the vision, but open your eyes to the reality of what's going on. Befo

Industry immersion trip connects SHA faculty with global hospitality leaders
Industry immersion trip connects SHA faculty with global hospitality leaders

Cornell Blog · 21 Feb

During a trip filled with fascinating presentations and discussions, the faculty got some eye-opening views from the C-suite.

Luxury Beach Resort Boosts Bottom Line by Six Figures by Taking Advantage of Daycation Trend
Luxury Beach Resort Boosts Bottom Line by Six Figures by Taking Advantage of Daycation Trend

Hospitality Technology Magazine · 21 Feb

What started as a way to fill a few pool loungers and cabanas quickly became a profitable new opportunity.

Wexner Sells 55% of Victoria's Secret for $525M
Wexner Sells 55% of Victoria's Secret for $525M

CFO Magazine · 20 Feb

Leslie Wexner's L Brands company is selling its controlling stake in Victoria's Secret to private equity firm Sycamore Partners for...

Park Hotels & Resorts closes 2 hotel sales
Park Hotels & Resorts closes 2 hotel sales

Hotel Management · 20 Feb

The sales included that of the 503-room Hilton Sao Paulo Morumbi, the real estate investment trust's last international property.

Barr Questions Lawsuit Immunity for Tech Firms
Barr Questions Lawsuit Immunity for Tech Firms

CFO Magazine · 20 Feb

A 1996 law that protects operators of online platforms from liability for user-posted content may no longer be necessary, the attorney general says.

The Collective secures PS140m funding
The Collective secures PS140m funding

Hotel Management · 20 Feb

Co-living brand The Collective has agreed a new PS140m financing package from Deutsche Bank and GCP Asset Backed Income Fund.

As short-term rental industry grows, so does use of management tech

PhocusWire · 20 Feb

A survey by Rentals United finds short-term rentalproperty managers are increasingly using technology.

Diageo Fined for 'Overshipping' to Meet Targets
Diageo Fined for 'Overshipping' to Meet Targets

CFO Magazine · 19 Feb

The SEC says the liquor company misled investors that it was achieving growth in key performance indicators through normal customer demand.

What Does Coronavirus Mean for Asia Pacific Real Estate?

hotelbusiness.com · 19 Feb

What Does Coronavirus Mean for Asia Pacific Real Estate? - Hotel Business | Hotel BusinessINTERNATIONAL REPORT--Real estate investors in Asia Pacific

New Funding Will Help Colombian Hotel Chain Ayenda Push Into Peru

skift.com - Digital · 19 Feb

Ayenda's Series A is notable for being led by Kaszek, a giant among Latin American venture firms. The industry will be watching to see if Ayenda can

Trivago found in breach of Australian Consumer Law

eHotelier.com · 19 Feb

Trivago misled consumers on hotel room rates: Australian Federal Court looks into an algorithmic black box.

CMBS defeasance swells amid low interest rates
CMBS defeasance swells amid low interest rates

Hotel Management · 18 Feb

Increasing property values are another factor causing owners to look to defeasance of their CMBS loans, according to Trepp.

Outrigger to buy 509-room Sheraton in Hawaii
Outrigger to buy 509-room Sheraton in Hawaii

Hotel Management · 18 Feb

The planned acquisition comes on the heels of two other significant investments the hospitality group recently made in Hawaii.

Accor signs Visa deal
Accor signs Visa deal

Hotel Management · 18 Feb

Accor and Visa are to launch a new payment card as part of the relaunch of the ALL loyalty programme.

MGM Resorts executes long-term lease with joint venture for 2 properties

eHotelier.com · 17 Feb

MGM Resorts, MGM Growth Properties And Blackstone Real Estate Income Trust announce the completion of MGP/BREIT joint venture's acquisition.

Embracing Higher Deductibles Can Be Smart Risk Management
Embracing Higher Deductibles Can Be Smart Risk Management

CFO Magazine · 17 Feb

Human psychology can cause us to act against our own interests. For example, we want to insure against things that...

MGP and BREIT Complete MGM Grand and Mandalay Bay Acquisition

Lodging Magazine · 17 Feb

On Feb. 14, MGM Resorts International, MGM Growth Properties (MGP), and Blackstone Real Estate Income Trust (BREIT) announced the closing of the prev

MENA to see $23B in Hotel Building by 2023

hotelbusiness.com · 17 Feb

The Arabian Hotel Investment Conference (AHIC) 2020 has released the third annual AHIC Hotel Investment Forecast, which reveals that more than $23 bi