UK: UK consumers are continuing to book staycations in 2023 despite the cost of living squeeze on household incomes and the opening up of international travel, according to a recent survey of 1,000 consumers.
Russia / Ukraine: Eloise Hanson, editor of Boutique Hotel News, and Paul Stevens, editor of Short Term Rentalz, examine the aftershocks of the war in Ukraine and what it means for the travel and hospitality industries.
UK: Audit, tax and consulting firm RSM calls on city centre hotels to update their offering and aim to broaden
US: The Huntington Hotel in San Francisco has been purchased by hotel management, investment and development company Highgate and hospitality and commercial real estate owner Flynn Properties.
Canada: Smart device automation and SaaS software, Operto Guest Technologies, has secured US$25 million in a Series B funding round.
US: Cloud-based hospitality business intelligence platform OTA Insight has announced the appointment of Vivek Bhogaraju as its new chief operating officer.
UK: Five-star country house Ellenborough Park Hotel has completed the refurbishment of all 61 bedrooms as well as the Horse Box brasserie.
US: Privately owned boutique hotel The Genevieve has opened in Santa Ynez, California, after it was repositioned from the Santa Ynez Inn.
France: Radisson Hotel Group has opened the Hotel YAC Paris Clichy, a member of Radisson Individuals, located in the northwest Parisian suburb of Clichy.
UAE: Lifestyle hospitality company Ennismore has signed its first standalone residences in Dubai under the SLS brand with Roya Lifestyle Development.
UK: Luxury hotel in the Scottish Highlands, Kincraig Castle, has been sold by Graham + Sibbald to Ruchir Gupta of Siya Properties.
France: The four-star Pullman Cannes Mandelieu Royal Casino has been acquired by Poseidon Hospitality, an entity owned by Luminare and Unik Capital Solutions.
Sustainability-linked loans
BHN editor Eloise Hanson comments on the €480 million sustainability-linked loan secured by citizenM.