London Short-Term Rental Occupancy Reaches Pre-Pandemic Levels
The short-term rental sector in London reached its highest occupancy level since February, according to October 2020 data from STR.
The short-term rental sector in London reached its highest occupancy level since February, according to October 2020 data from STR.
The UK government's latest move that will slash the travel quarantine lockdown if passengers test negative on the fifth day, will provide a much-needed economic boost and is a step towards reviving international travel, says the World Travel & Tourism Council (WTTC).
Hotel insolvencies caused by the pandemic are likely to increase through 2021 according to experts speaking at a global webinar held 24 November organized by HVS, AlixPartners, Bird & Bird and EP Magazine.
Hyatt Hotels Corporation (NYSE:H) announced today that a Hyatt affiliate has entered into management agreement with R&F UK for a new Hyatt-branded hotel in London. The 203-room Park Hyatt London River Thames is expected to open in 2022 and will be located within R&F UK's Nine Elms development on the south bank of the river. The addition of the hotel to the U.K. market signifies Hyatt's continued brand growth into Europe's leading cities.
Today, Hampton by Hilton Manchester Northern Quarter debuts as the first Hampton by Hilton property in the heart of Manchester. Located in Manchester's trendy Northern Quarter, the 221-room hotel is the latest to join Hampton by Hilton's growing portfolio, which includes 32 existing Hampton properties in the UK. The global value hotel brand is known for its commitment to providing high-quality accommodation, value-added amenities and thoughtful service.
Paul joins Louvre Hotels Group, which has 17 Campanile hotels and one Première Classe hotel in the UK, after more than 20 years in the hotel sector, including Black And White Hospitality, Hilton and Kew Green Hotels, as well as experience in a private care home group. His role will see him leading on the hotel's pricing policy and maximising the revenue streams across the UK's sites. "Louvre Hotels Group is in a superb position to benefit from the staycation bounce that will undoubtedly continue into 2021," he said. "In the environment we find ourselves in, the quality budget hotel sector will thrive and I'm looking forward to playing my part in the senior management team to make sure corporate and leisure travellers recognise the exceptional value for money that our 1500 rooms offer."
Lee has more than 20 years' experience in the hospitality industry, having worked for a wide range of hotel brands, including Travelodge, Hilton and The Rezidor Hotel Group. He said: "Louvre Hotels Group adopts an entrepreneurial approach to doing business, which means not only does it welcome new and innovative ideas from the team, we are given autonomy to introduce initiatives quickly, allowing us to adapt to market conditions efficiently. "It's rare to have this kind of dynamism in a large organisation and I'll be looking to maximise opportunities for growth across our 18 hotels we operate in the UK in both the corporate and consumer sectors."
I think we all knew, deep down, that the chances were that we would end up back in lockdown this quarter. Perhaps we believed our combined hope and hard work would avert the inevitable. All the blood, sweat and tears that collectively everyone in hospitality has put into ensuring venues are squeaky clean and sanitised has not been wasted, but perhaps not appreciated and recognised as much as it might have been. Here we are again and despite the inevitable hardships, I know we will continue with positivity and hope. And here we go again with HOSPACE!
Radisson Hotel Group is proud to announce the signing of Radisson RED Newcastle - bringing the fun, upscale hotel brand to one of the UK's most vibrant cities.
STR's preliminary October 2020 data for London hotels showed relatively flat occupancy compared with the previous month. Year-over-year declines remained significant. Comparison with October 2019:
Newcastle's contemporary, new lifestyle destination hotel with creative meeting spaces named after its unique location.
The Waldorf Hilton Hotel has partnered with luxury furniture design company, Herman Miller, to offer a new room type featuring a dedicated, luxury office space connected to an Executive Room. Available to book from December, the new offering is part of the 'Work from The Waldorf' package that the hotel is providing for business travellers who are either required to quarantine upon arrival into London or professionals who are looking for an iconic hotel paired with a dedicated workspace in the city.
Research conducted by Hilton shows that travel creates some of our most unforgettable, favourite memories, and right now people are feeling that loss more than ever. The survey revealed what Brits miss most about travelling, with the chance to create new memories topping the list of the most longed for experiences. Almost two thirds (64%) claim this is the part of travel they yearn for the most, with Generation Z feeling the most cheated of the chance to create new travel memories in 2020 (73%).
A staggering 2.4 million jobs could be lost in the UK Travel & Tourism sector in 2020 if barriers to global travel remain place, the World Travel & Tourism Council (WTTC) revealed.
Oakwood® today announced the appointment of Maria Ashton as Vice President, Development - Europe. Ashton brings a stellar track record of excellence in leadership with a strong international background in hotel development, feasibility and asset management across North America, Latin America, Europe, Africa and the Middle East.
The UK's data privacy watchdog has fined the Marriott Hotels chain £18.4m for a major data breach that may have affected up to 339 million guests.
Accor to has partnered with London based hospitality software provider Bizzon to launch a new digital F&B ordering service.
Live From Your Bedroom kicked off the first event with a performance from tribute act 'Queen We Will Rock You' on Friday 23 October and different concerts will continue every Friday and Saturday evening through the end of 2020, with tribute acts from Take That to Elton John performing socially-distanced concerts.
In the bleakest outlook since benchmarking began, hotel occupancy rates in 2021 are forecast to be 55% across the UK, and could take four years to return to pre COVID-19 levels. This is a stark reality for a once optimistic industry, which had seen a decade of growth post the global financial crisis.
We are delighted to announce that our hospitality industry champion, Kate Nicholls from UK Hospitality, will be joining us at the studio within the Royal Lancaster London for a live interview with Mark Lewis from Hospitality Action on 19th November.