Finance

April 3, 2019

Five essential checkpoints for successful hotel buy-side due diligence in France

A proverb states that prudence does not avoid all misfortune, but a lack of prudence never fails to attract it. This is why due diligence is a vital step in buying a hotel. In a hotel acquisition context, the term "due diligence" refers to the investigations carried out by the prospective buyer. These investigations focus both on the hotel assets (i.e. the operating building as a whole) and the company that owns these assets or operates the hotel. Due diligence must also enable the buyer to fully appreciate the hotel's business, understand its structure, environment and market, and analyse the long-term viability of their project.

By Christian Bardet, Anne Epinat, and Christopher Boinet

France

February 12, 2019

UK Banks Under Pressure to Lend to Hotel Alternatives

Delegates at the Hotel Alternatives conference held in London last week were told that UK banks are finding it tougher to compete with alternative lenders who are offering more advantageous terms to increase their share of the debt market. Nevertheless, there is still plenty of opportunity for the traditional UK lending banks to have a major impact on the hotel sector in its many alternative guises.

HVS

March 26, 2018

HFTP Announces Exclusive CIO/CFO Event Sponsorship Agreement with Fourteen IP at HITEC Amsterdam

Hospitality Financial and Technology Professionals (HFTP®), an international nonprofit and producers of the Hospitality Industry Technology Exposition and Conference (HITEC®), is pleased to announce its exclusive CIO/CFO event sponsorship agreement with Fourteen IP Communications Ltd at the upcoming HITEC Amsterdam 2018. The invitation-only event that brings together CIOs and CFOs from leading hotel and hospitality companies from across Europe will take place on 11 April to kick-off HITEC Amsterdam, which is taking place from 11-13 April at the RAI Amsterdam Convention Centre.

HFTP

Supplier News

March 20, 2018

Nor1 Welcomes Hospitality Industry Veteran Stuart Derricott as Director of Business Development, UK and Ireland to Expand and Strengthen Client and Industry Relationships in the Region

Nor1, the leader in hospitality merchandising technology is proud to announce and welcome Stuart Derricott as Director of Business Development for UK and Ireland. Mr. Derricott will be responsible for expanding adoption of the Nor1 Pricing & Merchandising Intelligence Platform and developing and strengthening relationships with hotel groups and Hospitality Industry partners in the region.

Nor1

See why hotels are switching to Mews

February 28, 2018

Highest number of CEOs attend IHIF 2018

Over 80 hotel company CEOs will attend IHIF 2018 taking place at the InterContinental Hotel in Berlin next week. This represents the highest number of hotel company CEOs to attend the event in its 21-year history.

Questex

Berlin, Germany

Supplier News

February 7, 2018

IHIF 2018 Launches the IHIF Hotel Tech Hub

Technology permeates every aspect of the hospitality industry. To reflect this wide spread prevalence and demonstrating their commitment to delivering a relevant and topical event, the International Hotel Investment Forum (IHIF) are launching the IHIF Hotel Tech Hub, new for 2018.

Questex

Berlin, Germany

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Why Hospitality Net Leads B2B in Hospitality

Learn what makes us the industry-leader in what we do.

Hospitality Net

December 7, 2017

Adria Hotel Forum 2018 panelists

Adria Hotel Forum (AHF) is a leading Southeast European hotel investment conference held every year in Zagreb, Croatia and visited by regional and international hotel industry experts. The sixth edition of AHF will be held on February 14th and 15th 2018 on theme: OUR OWN RESPONSIBILITY

November 23, 2017

Adria Hotel Forum 2018

Adria Hotel Forum is the leading Southeast European hotel investment conference held every year in Zagreb, Croatia and visited by international and regional hotel industry experts. The sixth edition of Adria Hotel Forum (AHF) will be held on February 14th and 15th 2018. in Sheraton hotel in Zagreb on the following theme: OUR OWN RESPONSIBILITY

August 15, 2017

HFTP Hospitality DPO Task Force Holds First Meeting in Amsterdam, Moves Ahead on Building Resources

Preparing for the new EU General Data Protection Regulations (GDPR), a framework legislated by all EU member states with a required compliance date of May 25, 2018, international nonprofit association Hospitality Financial and Technology Professionals (HFTP®) recruited a team of experts to develop Hospitality Data Protection Officer (HDPO) guidelines and supporting resources for the industry. In addition, the group is designing a certification program specific for HDPOs to demonstrate their competence with the specialized position. A key requirement of the GDPR is that companies who handle large stores of sensitive personal information must assign a DPO, and it is estimated that this could open approximately 28,000 positions across all industries.

HFTP

June 6, 2017

Hospitality Financial Leadership – The Russians

When heads of state come to visit your hotel they usually make a bit of a show. The Russians are no exception, they even bring their own warship, the KGB and a wad of cash!

By David Lund, The Hotel Financial Coach, David Lund

Russian Federation

March 22, 2017

Talking Tech with Carson Booth - HITEC Amsterdam Advisory Council Chair

This March 28–30, HFTP is producing its newest endeavor, HITEC Amsterdam, a smaller, boutique version of the ongoing, popular 45-year event. Helping to guide the educational component is long-time HFTP member, Carson Booth, vice president of global technology for Marriott International (Starwood). Using his expertise in the European, and international, hotel market, Booth leads a council of advisors to make the program uniquely European, with global appeal.

By Carson Booth, COO for EMEA, HFTP

Why Hospitality Net Leads B2B in Hospitality

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Hospitality Net

January 26, 2017

Adria Hotel Forum – 8th and 9th 2017.

The fifth edition of the international hotel investment conference Adria Hotel Forum will be held held on February 8th and 9th 2017. in Sheraton hotel in Zagreb on the following theme: INVESTMENTS IN HOTEL INDUSTRY: Development and beyond

December 15, 2016

Adria Hotel Forum Fifth Edition

The Adria Hotel Forum is a leading Southeast European hotel investment conference held every year in Zagreb, Croatia and visited by regional and international hotel industry experts.

November 30, 2016

HFTP Announces Pre-Conference Programs for Inaugural 2017 HITEC Amsterdam

Hospitality Financial and Technology Professionals (HFTP®), producer of the Hospitality Industry Technology Exposition and Conference (HITEC®), will kick-off its inaugural HITEC Amsterdam with a pre-conference events program the day prior to the full conference. On 28 March 2017 are the CIO and CFO events, invitation-only round-tables that bring together high-level hospitality CIOs and CFOs from across Europe, for a face-to-face discussion on crucial issues their companies are encountering. Adding to the pre-conference program, HFTP is hosting its successful hospitality technology start-up pitch competition, Entrepreneur 20X (E20X). HITEC Amsterdam is the first of three HITEC events planned for 2017, and will be 28–30 March at the RAI Amsterdam Convention Centre.

HFTP

November 18, 2016

The consequences of leaving the EU dominated discussions at last week’s HOSPACE2016 Conference

Despite much of the coffee break talk being about Donald Trump's election to the White House, this did not overshadow the thread that ran through the day's varied and highly topical agenda at last week's HOSPACE2016 – namely, the impact of Brexit on the UK hospitality industry.

HOSPA

March 16, 2016

5 Costly Mistakes Hospitality Businesses Are Making Right Now

Success in the hospitality industry is becoming ever more elusive: approximately 27 pubs are closing every week; nearly half of the UK's nightclubs have shut down over the past decade and over 40,000 hotel rooms closed in the ten years up to 2013. But it's not all doom and gloom; for example, PWC predicts that this year will see the highest regional hotel occupancy ever and the highest in London this decade.

By Tom Brialey, Owner, Action Storage

February 11, 2016

Germany’s Travel Industry Club and HSMAI Region Europe teaming up

German business organisation Travel Industry Club (TIC) and Hospitality Sales and Marketing Association International (HSMAI) Region Europe have agreed to join forces to offer top notch advantages to the industry's German professionals, with co-branded gatherings already in the pipeline.

HSMAI Europe

Germany

External Article

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