Finland: Scandic Hotels has signed a lease agreement for a new meeting and conference hotel in Helsinki, scheduled to open in 2022. Scandic Avenue will house 350 rooms and will be located near the Old Church Park in the city centre. There are plans for two 2,000 square-metres of meeting
BHN editor Eloise Hanson comments on the theme of sustainability in IHM’s travel and hospitality A-Z.
EU: Anders Nissen, CEO of Pandox, has passed away after falling ill from Covid-19. A statement released by Pandox dated 30 May 2021 revealed that Nissen had died after a short period of illness. Nine days prior, Nissen was undergoing medical treatment as a result of Covid-19. He had been
US: Danish startup to build a network of portable rentals. Poshtel has announced that it will launch a network of luxury shipping containers. It is the first step in a wider program of rolling-out the containers for long and short-term rental. The chain of designer suites will be available to
Strategy vs Tactics The HDE retuned this year for its second outing and is focused on the strategic hotel distribution rather than tactics. Preceded by Hot.E Hotel Investment Conference Europe on the previous two days, this well attended and highly informative event was an opportunity to “deep dive” into the
Worldwide: The Sustainable Hospitality Alliance has improved its Hotel Carbon Measurement Initiative (HCMI) based on user feedback and work by Cornell University’s Center for Hospitality Research.
Norway: Art deco hotel Sommerro located in Oslo has appointed several key members to its executive team.
Andrew Harrington, partner at AHV Associates, gives an overview of the last month’s financial activity across the hospitality sector. The AHV Hospitality Index increased by a remarkable 22% in the last month, surpassing the Pre-covid-19 levels, and outperformed the broader European indices. This reflects investors expectation of a significant rebound
Andrew Harrington of AHV Associates looks at the increasing levels of merger and acquisition activity in the hospitality sector. As the world continues to experience relatively low interest rates, excessive liquidity and high stock prices, M&A activity has reached record levels. In the first nine months of 2018, deals worth
Europe’s Recovery: A mixed picture Jim Burba of Burba Hotel Network, the conference organisers, opened the conference proper and reported feedback from a survey that Europe is in far better shape than in recent years. 48% of respondents in the EU said they saw the economy remaining flat in 2014
