Reading Time: 2 minutesUK: Data from BNP Paribas Real Estate in Q2 2022 shows that ADR and RevPAR has reached record heights as hoteliers increase pricing to reflect occupancy levels and inflation.
Reading Time: < 1 minuteUK: Taking place at Olympia London, 4-5 October 2022, the Independent Hotel Show (IHS) will return for its tenth edition this year.
Reading Time: < 1 minuteUK: OakNorth Bank has completed a £15 million loan to JMK Group to fund the freehold buyout of its Seraphine hotels in Kensington and Hammersmith.
Reading Time: < 1 minuteUS: Graduate Homes, a premium short-term rental offering, will initially launch for stays this autumn in two states in the US.
Reading Time: < 1 minuteVietnam: Radisson Hotel Group is set to grow its footprint in Vietnam four-fold by 2025.
Reading Time: < 1 minuteUK: The Eden Hotel Collection has given its staff pay rises of up to 14 per cent in response to the rising cost-of-living crisis and recruitment challenges.
Reading Time: < 1 minuteUK: Marriott International has signed an agreement with Gulf Islamic Investments [GII] to introduce The Lucan, Autograph Collection Residences, in London.Â
Reading Time: < 1 minuteSwitzerland: Online travel company Lastminute.com has appointed Laura Amoretti as interim CEO following the arrest of former CEO Fabio Cannavale and COO Andrea Bertoli for potential fraud.
Reading Time: < 1 minuteSpain: Urban hotel chain Room Mate has been acquired by investment firm Angelo Gordon and owner-operator Westmont Hospitality Group.
Reading Time: 2 minutesThe Caribbean: Wyndham Hotels & Resorts and Palladium Hotel Group have announced a commercial alliance to expand Wyndham’s all-inclusive Registry Collection Hotels.
: