Reading Time: < 1 minuteEU: Privately owned hostel chain a&o Hostels has revealed plans to invest €500 million towards expanding in Europe.
Reading Time: 2 minutesEurope: Hotel consultancy HVS has published its European Hotel Valuation Index (HVI) which reveals an uplift of around one per cent in 2023.
Reading Time: 5 minutesUK: In the Spring Budget 2024, Chancellor Jeremy Hunt revealed the government will freeze alcohol duty and cut National Insurance, as well as raise the VAT threshold for small businesses to £90,000.
Reading Time: < 1 minuteUK: Independent Hotel Show Amsterdam, organised by Montgomery Group, returns next week on 12-13th March, held at RAI Amsterdam.
Reading Time: < 1 minuteAPAC: Design-led boutique hotel collection Ovolo Hotels has partnered with Small Luxury Hotels of the World (SLH) to expand its global presence.
Reading Time: < 1 minuteWorldwide: Operator Langham Hospitality Group (LHG) has launched Brilliant by Langham, an experiential loyalty platform.
Reading Time: 2 minutesUS: Global hotel brand Hilton is expanding its inventory into the outdoor hospitality segment by partnering with alternative lodging brand AutoCamp.
Reading Time: 2 minutesUS: Benchmarking company STR, owned by CoStar Group, along with 10 hotel companies face a lawsuit claiming that the “exchange of competitively sensitive information” allows operators to set high prices.
Reading Time: 2 minutesUS: Hospitality company Sonder is set to make 106 corporate team members redundant, accounting for 17 per cent of the company’s overall workforce by the end of March.
Reading Time: 2 minutesEU: Amsterdam-based lifestyle hotel and hospitality company, Sircle Hospitality Group, will soon launch its initial public offering (IPO) backed by SMG Holding, an IPO sponsor focussed on European medium-sized businesses.
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