With the rise of “reverse” hotel management agreements (HMA), efficiently negotiating with international hotel operators makes it possible for owners to reconcile investment profitability with operational and financial risk control.
Friday marks a milestone for the Danish hotel industry as the Danish branch of Zleep Hotels is officially rebranding to Four Points Flex by Sheraton in partnership with Marriott International.
Dispute resolution is a key discussion point, all too often overlooked in complex, long-term hotel management agreements (HMAs). The same applies to the prevailing language clause, and French investors should pay particular attention to such issues when negotiating with international hotel operators[i].
On the 10-year anniversary of Barcelona’s clampdown on hosting1, Airbnb is calling on the city to rethink its approach to short-term rentals, as new analysis shows its policies are failing to ease housing and overtourism challenges.
KE Hotels is pleased to announce the expansion of its UK portfolio with the addition of three Hampton by Hilton hotels under new Hotel Management Agreements (HMA) as of October 2024. The properties now under KE Hotels’ management are Hampton by Hilton Newcastle, Hampton by Hilton Birmingham Broad Street, and Hampton by Hilton Sheffield.
Who or what is your most exceptional hospitality icon? That was the question posed by Hotelschool The Hague as it marked its 95th anniversary, inviting industry professionals, students, employees, and alumni to join in celebrating the people and objects that shape the world of hospitality.
With the acquisition of TOP INTERNATIONAL Hotels, Grand Metropolitan Hotels will expand its portfolio, leveraging synergies to enhance the competitiveness of its partner and member hotels in global markets. The integration of established processes, innovative technologies, and expert knowledge will be key to shared success.
The year 2024 marks a significant step forward in Covivio's drive to strengthen its position in the hotel sector. The Group is now entering a new phase in the development of its hotel management platform: the consolidation of the assets held jointly with AccorInvest, scheduled for the end of November, will trigger a change of scale in terms of size and growth momentum. This is an opportunity for Covivio to acknowledge the new dimension of its platform and give it a new identity: WiZiU.
TROO Hospitality has announced a milestone achievement with its first property in Central London, following a partnership appointment with Immersive Hospitality Management, to manage the iconic Corus Hotel Hyde Park, located at 1 Lancaster Gate.
Mews, the industry-leading hospitality cloud, has opened a new office in the heart of Paris, building on the momentum of recently welcoming its 1,000th customer.
Leading European hotel management company Cycas Hospitality today announced its appointment to manage YOTEL London Shoreditch. The vibrant and contemporary hotel, located in the heart of East London, brings the organisation’s portfolio to nine hotels and over 1,000 rooms within the UK capital, and over 55 properties under management across Europe.
"Tourism Doing Business – Investing in Armenia" guides investors and tourism professionals seeking in-depth knowledge about Armenia's tourism sector. It allows them to make informed decisions by showcasing Armenia's unique cultural heritage, robust economic growth, and supportive business environment.
S Hotels and Resorts PCL (SET: SHR), the hospitality arm of leading international development company Singha Estate PCL (SET: S) has partnered with The Ascott Limited (Ascott), the wholly owned lodging business unit of CapitaLand Investment (SGX: 9CI), to reposition SHR properties in Edinburgh and Leicester under The Unlimited Collection brand. As part of the strategic move, Mercure Edinburgh City Princes Street Hotel and The Grand Hotel Leicester will be rebranded under The Unlimited Collection, a brand that focuses on accentuating the unique cultural charms of each property. This collaboration will mark the Europe debut of The Unlimited Collection brand, which originates from Singapore.
The Lindner Hotel Group has received two awards in the main category Excellence in Brand Strategy and Creation for the new appearance and strategic repositioning of its Lindner Hotels & Resorts brand. The jury of the German Brand Awards explained its decision: Maintaining the balance between preservation and contemporary reinvention had succeeded outstandingly well.
Termination clauses in hotel management agreements (“HMAs”) are keenly negotiated by owners to ensure the liquidity of their investment. These usually include a termination provision in the event the operator underperforms, generally known as a performance test clause. How are these clauses challenged before the courts in France?
The International Society of Hospitality Consultants (ISHC) in partnership with the International Hospitality Investment Forum (IHIF) presented the prestigious ISHC Young Leader Award to Briana Swift, Regional Vice President of Development - Northern Europe, Hyatt.
Hotel Excelsior Venice Lido Resort is thrilled to announce the remarkable achievement of Alessio Lazazzera, their esteemed General Manager, as the recipient of this year's esteemed "European Hotel Manager of the Year" Award bestowed by the EHMA - European Hotel Managers Association. This prestigious accolade recognises an active member who has demonstrated exceptional management prowess throughout the preceding year and over the course of their career.
Cycas Hospitality’s growth continues into 2024 following their landmark appointment to manage The Ormond Hotel in Dublin on behalf of the Ormond Group, a leading hospitality group from Southeast Asia. This will be Cycas Hospitality’s first property in Ireland and marks another significant step in their pan-European expansion.
The French ad hoc mandate is a confidential procedure for the out-of-court settlement of disputes Its aim is to remedy a company’s financial situation before it is declared insolvent. The merits of ad hoc mandates , subject to the article L 611-3 of the French Commercial Code , are well established since these legal mechanisms have proved their worth in preventing and dealing with business difficulties.
McInerney Hospitality International Georgia has been appointed by Sunshine Hospitality and Management LLC to manage the Courtyard by Marriott Batumi in Batumi, Georgia.