External Articles

Hospitality & Catering News

November 5, 2015

Harbour Hotels adds 3, confirms ambitious expansion plans | HospitalityandCateringNews.com

Harbour Hotels has announced three new acquisitions, with properties now confirmed in Brighton, Bristol and South Sands (Salcombe). The Group’s ambitious expansion plans will now introduce the brand into some of the UK’s most desirable and vibrant cities, confirming its position as one of the most exciting luxury hotel Groups.

External Article Markets & Performance

November 5, 2015

What Makes Spain's Hotel Recovery Remarkable | HotelManagement.net

The new Christie + Co report, "The Keys to the Spanish Hotel Market Recovery," indicates that Spain's "remarkable resurgence of hotel investment" will continue on through 2016, at least. Spain has seen record-breaking levels of inbound tourism in 2015 (so far), following four years of consistent growth. More than 38 million foreign tourists visited the country in the first seven months of the year, 4.7 percent more than during the same period in 2014.

hotelmanagement.net

Spain

November 2, 2015

Marriott’s Autograph Collection To Double Uk Portfolio Within Two Years | TheCaterer.com

Autograph Collection, the Marriott International brand for upscale, independent hotels, plans to double its UK portfolio within the next two years. The brand has been established for five years and is expanding rapidly. It currently has three properties in the UK and is set to open its 100th worldwide property in South Africa by the end of the year.

TheCaterer.com

November 2, 2015

Harbour Hotels Announces Three New Properties | TheCaterer.com

Harbour Hotels – the group that focuses on coastal locations in the south of England – has announced the acquisition of three properties. In addition to confirming a new hotel in Brighton, previously announced by The Caterer, the company, which operates under parent company Nicolas James Group, will also be launching a second hotel in Salcombe and its first city centre hotel in Bristol to take its portfolio to 12.

TheCaterer.com

October 15, 2015

Why Investors Are Looking Beyond London For UK Growth | HotelManagement.net

Last month, we noted that hotel investors and developers looking to gain (or grow) a foothold in the UK could find good deals outside of London—and it seems that the investors are seeing positive results from these efforts. At an exclusive forum recently held by Tisco Wealth and Forbes Thailand, in association with Knight Frank Thailand, Thai property tycoon Khunying Sasima Srivikorn recommended the United Kingdom as the best location for offshore property investment after seeing a double-digit yield from a hotel investment in the Reading, a large town in Berkshire.

hotelmanagement.net

External Article Technology

October 8, 2015

Case Study: Hotel Attracts Luxury Travelers with Guest-Facing Mobile Tech | StreetFightMag.com

As the Lanesborough began what would become a 19-month, multi-million dollar refurbishment in 2014, the boutique hotel’s executives started looking for strategic ways to appeal to guests with luxury tastes. To go along with the newly renovated rooms, which reopened in July, the team decided to add a technology component that would be unlike anything travelers had ever experienced.

streetfightmag.com

London, United Kingdom

Ad Be seen. Be trusted.

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Hospitality Net

Ad Guide

The next-gen metrics that move hotel P&L

Hotel tech has changed what's possible – and measurable. RevPAR and ADR aren't enough; discover the metrics that really matter.

Mews

September 24, 2015

Youth And Student Travelers Age 15 To 29 Represent 23 Percent Of International Tourist Arrivals | eTurboNews.com

WYSE Travel Confederation and the World Tourism Organization announced an updated estimate of the size of the global youth travel market according to which youth and student travelers age 15 to 29 are estimated to represent 23% of international tourist arrivals. The most recent analysis of the size of the youth travel market is based on 2012 from over 20 countries with age breakdowns of international tourist arrivals. The analysis, done in collaboration with UNWTO, estimates the global youth travel segment to represent around 23% of all arrivals.

eTurboNews.com

The Netherlands

External Article Finance

September 21, 2015

Hospitality Workers Are the 'Best Face of Britain' | BT.com

Hospitality workers are the "best face of Britain" and any criticism that jobs in cafes, bars and restaurants are a "stopgap" are old-fashioned, according to a Government minister. Employment minister Priti Patel will use a speech to the British Hospitality Association to herald the two million UK jobs growth since 2010 and praise hospitality workers for delivering modern and attractive career options.

BT.com

External Article Human Resources

September 17, 2015

One In 10 People Work In Hospitality And Tourism | BigHospitality.co.uk

The UK hospitality and tourism industry employs 4.49m people - approximately 10 per cent of the working population – according to a new report by Oxford Economics.

bighospitality.co.uk

September 10, 2015

CDL Hospitality Trusts buys UK hotel for S$135.3m | Channel NewsAsia.com

CDL Hospitality says the acquisition of Cambridge City Hotel is its first in Europe and marks a diversification of its portfolio from the Asia-Pacific region. Singapore-listed hotel landlord CDL Hospitality Trusts has made its first foray into the UK with the purchase of a 198-room hotel in Cambridge for £62.5 million (S$135.3 million). Announcing this in a statement on Wednesday (Sep 9), CDL Hospitality said the acquisition is its first in Europe and marks a diversification of its portfolio from the Asia-Pacific region. "The hospitality outlook for UK continues to be strong with international tourist arrivals expected to hit a record 35.1 million in 2015. The recent streamlining of visa process for Chinese visitors entering UK is also likely to encourage more inbound travel from the world’s largest tourism source market," CDL Hospitality said.

Channel News Asia

Cambridge, United Kingdom

July 17, 2015

Are runways above city streets the future of airports? | telegraph.co.uk

Who needs a third runway at Heathrow when planes can take off and land in city centres? This is the thinking of architecture graduate Alex Sutton who has designed an airport to exist above the streets and canals of Stockholm. The 25 year-old from London’s Bartlett School of Architecture says the proposal would aim to both alleviate the pressure on airport capacity but also challenge how “mundane and ordinary” the aviation industry has become.

telegraph.co.uk

Stockholm, Sweden

July 14, 2015

New Greek Taxes Will Increase Tourist Burden at Hotels and Restaurants | skift.com

An hour west of Athens, the pebbly beaches by turquoise waters and pine-covered mountains are nearly empty as the Greek sunbathers who normally pack them stay home amid fears their country’s economy could implode. Only a few dozen people sit down for a fresh grilled seafood lunch at the beachside restaurant Mary Cromba has owned for 15 years in the tiny village of Psatha. That’s down from the hundreds she served most days last year in July. Now beachgoers on day trips from the capital find parking spaces easily and haul their own food in coolers.

skift

Greece

The next-gen metrics that move hotel P&L

May 19, 2015

Diligence drives revenue management alignment | hotelnewsnow.com

It’s not enough for revenue managers to continue learning in their ever-evolving discipline; they must also teach those (and relentlessly so) who might not be so open to this new world of doing things, said panelists at the Travel Distribution Summit Europe held in London. “Cold blooded” was the term one used to describe a personality trait required to help push top-line growth across the entire asset, chain or group. “At the moment, my colleagues are not aligned,” said Nicolas Alsterdal, total profit manager at Nordic Choice Hotels.

HotelNewsNow

London, United Kingdom

Ad Guide

Hotel tech has changed what's possible – and measurable. RevPAR and ADR aren't enough; discover the metrics that really matter.

Mews

External Article Technology

April 1, 2015

Hotels Vs. Airbnb For Paris Visitors | investopedia.com

There’s no denying that Paris has amazing hotels – more than 2,000 of them, and they cover all the bases: romantic, historic, stylish, luxurious, palatial. But a nice, well-located Paris hotel can be pricey. And location matters: If you’re not staying in the heart of the city, you could spend half your visit riding the Metro and buses. Instead of paying a pile of euros for a hotel room, consider renting a privately owned room from a Paris resident through Airbnb, the online service that launched in 2008.

investopedia.com

Paris, France

March 5, 2015

IHIF ends on high note with low-down on brands and growing business | hotelmanagement.net

All good things come to an end. The International Hotel Investment Forum here at the InterContinental Berlin has culminated, but not before one last day of valuable sessions and networking. Discussing traditional versus next-generation business models was the theme of an afternoon panel composed of four young hotel executives: Guido Fredrich, VP of special property finance-hotel properties at Aareal Bank AG; Fred Hines, director and head of acquisitions at Queensgate Investments; Theresa Jaeger, director of of real estate and asset management for Hilton Worldwide; and Jacob Rasin, analyst-business intelligence at Pandox AB.

hotelmanagement.net

Berlin, Germany

External Article Finance

February 26, 2015

Hispania and Barcelo establish joined company to operate in hotel sector | reuters.com

Hispania Activos Inmobiliarios SAU said on Tuesday that its wholly owned unit, Hispania Real SOCIMI SAU (Hispania), had signed an agreement with Grupo Barcelo to establish a joined hotel company focused on holiday sector. Under the deal Hispania will initially buy 11 hotels and one shopping center and it will have the option to buy five additional hotels and one more shopping center

reuters.com

Spain

February 18, 2015

InterContinental Hotels revenue falls on hotel sales | telegraph.co.uk

InterContinental Hotels Group reported a fall in revenue in its annual results after selling off some US hotels. The global hotelier, which owns the Crowne Plaza and Holiday Inn brands, said that revenue was down 2pc to $1.85bn (£1.2bn), from $1.9bn a year earlier and operating profit was 3pc lower at $651m.

telegraph.co.uk

January 26, 2015

Lone Star Funds to acquire Jurys Inn for €900m | irishtimes.com

US private equity group Lone Star Funds is to pay £680 million (€909mn) to acquire the Jurys Inn chain of 31 hotels from a group of investors. The hotel chain is being sold by the Oman Investment Fund, Mount Kellett Capital Management, Ulster Bank, Westmont Hospitality Group and Avestus Capital Partners. Jurys Inn operates 21 UK provincial hotels, four London hotels, five hotels in Ireland and one in Prague. It employs approximately 2,000 people.

irishtimes.com

Ireland