Press Release

Capitaland Ascott Trust is the First Lodging Trust to Secure OCBC 1.5°C Loan

CapitaLand Ascott Trust (CLAS) is the first lodging trust to secure an OCBC 1.5°C loan. With this S$165 million sustainability-linked multi-currency revolving credit facility, CLAS will receive interest rate reductions upon meeting the agreed annual...

The Ascott Limited
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Environment & Sustainability
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Capitaland Ascott Trust is the First Lodging Trust to Secure OCBC 1.5°C Loan 6 August 2024The Ascott LimitedFinance & Accounting
Capitaland Ascott Trust is the First Lodging Trust to Secure OCBC 1.5°C Loan
Press Release

The Road to Hotel Profitability: Adopting Flow Through + Flex Metrics

When measuring hotel profitability, two key metrics stand out: flow through and flex. Flow through measures the percentage of additional profit from each extra dollar of revenue, while flex gauges the ability to save profit during revenue shortfalls...

HotStats Limited
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Revenue Management
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Finance & Accounting
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The Road to Hotel Profitability: Adopting Flow Through + Flex Metrics17 July 2024HotStats LimitedFinance & Accounting
The Road to Hotel Profitability: Adopting Flow Through + Flex Metrics
Press Release

PKF hospitality group about the new USALI 12th Revised Edition Update – ESG related changes

Following the last edition published in 2014, the new 12th Revised Edition of the Uniform System of Accounts for the Lodging Industry (USALI) has its debut this year (the e-book version is now available) and will be placed in effect on January 1, 20...

PKF hospitality group
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Environment & Sustainability
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Finance & Accounting
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PKF hospitality group about the new USALI 12th Revised Edition Update – ESG related changes 9 July 2024PKF hospitality groupFinance & Accounting
PKF hospitality group about the new USALI 12th Revised Edition Update – ESG related changes
Ukraine’s Hotel Market: adapting to the realities of today and looking for new opportunities
Press Release

Ukraine’s Hotel Market: adapting to the realities of today and looking for new opportunities

The war in Ukraine has had a profound impact on the economy, including the hotel industry. The year 2022 was challenging, with a significant drop in demand for hotel services and many establishments temporarily closing their doors. However, with its...

Ukrainian Hotel & Resort Association (UHRA)
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Management Companies
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Finance & Accounting
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Ukraine’s Hotel Market: adapting to the realities of today and looking for new opportunities21 June 2024Ukrainian Hotel & Resort Association (UHRA)Finance & Accounting
Ukraine’s Hotel Market: adapting to the realities of today and looking for new opportunities
Ukrainian hotels improve their knowledge of USALI with the support of EU4Business
Press Release

Ukrainian hotels improve their knowledge of USALI with the support of EU4Business

The Ukrainian Hotel and Resort Association (UHRA) has completed a series of training sessions on USALI (Uniform System of Accounting for Lodging Industry) which took place in March-April 2024 with the support of the EU4Business: SME Recovery, Compet...

Ukrainian Hotel & Resort Association (UHRA)
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Human Resources
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Finance & Accounting
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Ukrainian hotels improve their knowledge of USALI with the support of EU4Business10 June 2024Ukrainian Hotel & Resort Association (UHRA)Finance & Accounting
Ukrainian hotels improve their knowledge of USALI with the support of EU4Business