Reading Time: < 1 minuteEurope and India: The hospitality investment firm Twenty14 Holdings, part of the Lulu Group International retail empire, is set to spend $250 million over the

Reading Time: < 1 minuteUS: Leading hospitality executive Sean Christie and media marketing and real estate executive Nelson Famadas have announced the formation of Carver Road Hospitality. The partnership

Reading Time: < 1 minuteWorldwide: According to data from Stockapps, the global projected tourism revenue for 2020 has slumped by 41 per cent with Italy expected to feel the

Reading Time: 2 minutesVancouver: Operto Guest Technologies, an industry leader of Smart Stay technology and smart devices for the hotel and short-term rental industries, has announced it has

Reading Time: 2 minutesUK: Research by Lambert Smith Hampton reveals how Covid-fulled staycations have led to wide variations in the performance of hotel markets across the UK. The

Reading Time: 2 minutesUK: A report by SiteMinder reveals that five stages lay ahead of the world’s accommodation providers until booking cycles reset to a different normal, and

Reading Time: 2 minutesWorldwide: Condé Nast Traveller has released the results of its annual Readers’ Choice Awards, featuring multiple boutique hotels. Seven boutique properties were voted onto the

Reading Time: 2 minutesUK: The VAT Retail Export Scheme (VAT RES) is to be abolished on 31 December when the Brexit transition period ends, meaning that from next

Reading Time: < 1 minuteFrance: Operator of luxury boutique hotels, Les Hôtels d’en Haut, has acquired three properties in Luberon, Provence, from Loubet for an undisclosed amount. The acquisition

Reading Time: 2 minutesUK: OakNorth Bank has announced the completion of a £50m loan to hospitality operator The Arora Group. The loan is intended to help the company