Latest Hotel Industry News
Booking.com plans to lay off a quarter of employees
2020-08-05 13:21:56 +0200 | Source: HospitalitynetThe company says up to 25% of the site's global workforce of 17,500 will leave as part of a major restructuring of the organization. Details as to where the cuts at Booking.com will be being made across its... Read more
Accor First-half 2020: Immediate measures limiting Covid-19 crisis aftermath
2020-08-05 13:06:00 +0200 | Source: HospitalitynetSébastien Bazin, Chairman and Chief Executive Officer of Accor, said: "The shock that our industry is experiencing is both violent and unprecedented. Against this backdrop, we have managed to limit the... Read more
This summer's ‘Must Reads’ chosen by EHL’s Rooms and Revenue Management
2020-08-05 12:27:05 +0200 | Source: HospitalitynetContinuing our summer reading list theme, EHL's Rooms and Revenue Management teams have drawn up a shortlist of essential titles that all prospective students of hospitality management should be familiar with on... Read more
Ultima Collection to launch Ultima Courchevel in December 2020
2020-08-05 12:21:45 +0200 | Source: HospitalitynetUltima Collection is delighted to reveal the Grand Opening of Ultima Courchevel on Saturday 12th December 2020 for the new 2020/2021 ski season. The new ultra-luxury resort will be launched with 13 sumptuous chalets... Read more
A Tale of Two Occupancies: Total Room Inventory vs. STR Standard
2020-08-05 12:21:00 +0200 | Source: HospitalitynetOccupancy has long been one of the key hotel performance metrics measured by STR. Reported on both a monthly and weekly basis, occupancy is easily calculated by dividing rooms sold (demand) by rooms available... Read more
Fairfield By Marriott Inn & Suites Set to Open in Katy, Texas
2020-08-05 12:03:58 +0200 | Source: HospitalitynetThe 92-room Fairfield by Marriott hotel in Katy, Texas is set to open this week with a new décor that provides guests with a feeling of warmth and calm while traveling. Located at 22100 Grand Corner Drive, the... Read more
Santa Cruz's Historic Chaminade Resort & Spa Completes Multi-Million Dollar Transformation
2020-08-05 11:54:06 +0200 | Source: HospitalitynetConsidered one of Santa Cruz's premier, luxury destination resorts with breathtaking views of Monterey Bay, the 156-room Chaminade Resort & Spa is celebrating the completion of an extensive, $10 million... Read more
Radisson Collection To Make Debut In China, With The First Destination Resort In Nanjing
2020-08-05 11:32:45 +0200 | Source: HospitalitynetRadisson Collection, Radisson Hotel Group's anthology of iconic lifestyle hotels, will arrive in China for the first time next year when it opens an outstanding low-rise resort, which will form a key part of a... Read more
Marriott International Signs Agreement With KJP Participaçoes LTDA To Bring The W Hotels Brand To The South Of Brazil
2020-08-05 10:57:40 +0200 | Source: HospitalitynetMarriott International, Inc. (NASDAQ: MAR) today announced that it has signed an agreement with KJP Participaçoes LTD to bring the W Hotels brand to Gramado, a mountain resort town in the Brazil's... Read more
WTTC says UK is heading to ‘worst case scenario’ threatening nearly three million Travel & Tourism jobs
2020-08-05 10:33:29 +0200 | Source: HospitalitynetLondon, UK - Nearly three million jobs in the UK - and 197 million worldwide in the Travel & Tourism sector globally - look set to be lost due to the collapse of travel, according to the World Travel & Tourism... Read more