Market Report Italy
Travel & Tourism Injected €215BN into Italian Economy
Employment and international visitor spend breaks all records
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European Hotel News
Hotel Transactions Europe
HVS Europe Hotel Transactions Bulletin Week Ending 26 April 2024
A summary of European hotel transactions provided by HVS
Hotel Opening London
Radisson Hotel Group Opens Art'otel London Hoxton
The hotel is located in the heart of Shoreditch, close to Old Street Underground station, with easy access to the City, Liverpool Street Station, the new Elizabeth Line, and all the capital's major airports.
Paris Olympics
The Olympics Effect: Insights into Its Impact on Paris' Hospitality Industry
Beyond the track, The Olympic Games provide a once-in-a-lifetime opportunity for the host city's hospitality industry to take center stage. As the world's gaze turns to Paris in 2024, we're keeping a close eye on the performance of the city's hotels and short-term rentals.
P2P Solutions
8 Ways That Hoteliers Can Increase Compliance and Reduce Annual Spend
In this world of rapidly rising costs, the deployment of digital procure-to-pay (also known as P2P and e-procurement) solutions becomes crucial. Leveraging this technology can facilitate the automation of purchasing processes, significantly reducing time inefficiencies and manual errors.
Revenue Management
Event Driven Hotel Pricing: How Do Major Events Influence the Evolution of Room Rates?
Large scale events are significant revenue generators for hoteliers, injecting demand into markets and thus allowing hotel revenue managers to advertise much higher rates for their hotels during these periods.
Hotel Reputation Management
Why Didn't My Guest Leave a Review? 4 Ways to Get More Feedback From Your Guests
Are your guests leaving fewer reviews than you expect? Here are 4 ways for hoteliers to get more feedback from guests.
EHL Named World's Best Hospitality Management School in Global Rankings
For the sixth consecutive year EHL Hospitality Business School is nominated as the world's best institution in hospitality management education. In addition, EHL maintains its upward trajectory in the global ranking of business schools.
Hospitality Scholarships
Sommet Education Launches Its Foundation to Support Hospitality Sector Employment Challenges
By offering scholarships to talented individuals from underserved communities and advocating for careers in hospitality, the Foundation aims to create pathways for social mobility and professional advancement.
Hotels For Sale London
Hotel Development Opportunity: 30-32 Ludgate Hill, London EC4 Listed for Sale
Full planning consent has recently been obtained to reposition the existing commercial accommodation at 30-32 Ludgate Hill.
Oracle Cloud Marketplace
Journey's Experience Management System and Ecommerce Platform Now Available on Oracle Cloud Marketplace
Journey's hospitality solutions provide a unified approach to managing bookings seamlessly and streamlining operations, while prioritizing direct revenue management.
Parliamentary Inquiry
U.K. Parliamentary Inquiry Launched into Hospitality Recruitment and Retention
The inquiry into 'recruitment and retention of staff in hospitality' will explore the reasons behind high vacancy rates, ask what more the sector can do and make a series of recommendations to government.
Hotel Development Paris
Radisson Collection Hotel Rivoli Paris to Open in 2027
The hotel will be located just steps away from the renowned Louvre Museum and Le Marais, in the highly anticipated BPM (Beats Per Minute) development. This mixed-use development takes place in an iconic and heritage-protected Haussman building which has recently commenced its rehabilitation work.
Market Report Greece
GBR Consulting Reports Greek Hospitality Industry Performance 1st Quarter 2024
In Athens, the rise in airport arrivals boosted occupancy rates by 5.9% in Q1 2024/23, accompanied by a 3.9% increase in room prices. Consequently, RevPAR improved by 10%.
Hotel Opening Estonia
Bob W Kesklinn Apartment Hotel Opens in Estonia
Bob W announced the launch of its fourth property in Tallinn, strengthening its presence in the Estonian capital while supporting the city's strategy to attract more international workers.
Direct Hotel Bookings
Best Practices to Gain Bookings on Your Hotel Website
In today's digital age, a user-centered hotel website plays a crucial role in attracting and converting potential guests into bookings. With travelers increasingly relying on the internet to research and book accommodations, having a website that prioritizes user experience and meets their needs is of utmost importance.
P2P Solutions
Wellness, Sustainability, Diversity: How Procure-to-Pay (P2P) Can Help Hotels Meet Evolving Guest Demands - By Johannes Vocke, CFO, FutureLog
More consumers are prioritising social values, the environment, and health and wellness in their purchasing decisions than ever before - and travellers are no exception. To stay competitive, hotels not only need to make these values a priority but also ensure that their claims can be substantiated by real actions and evidence.
Travel Market Life Podcast
Podcast - Drip-Pricing in Hotels - Could You Be Breaking the Law?
The concept of drip pricing has sparked much debate, yet what does it truly mean for us in the realms of travel, hospitality, and tourism? In this episode, we are joined by Richard Collie, Managing Associate for TLT LLP a consumer law expert at award-winning law firm with particular specialism in the leisure industry.
Hotel Transactions Europe
HVS Europe Hotel Transactions Bulletin Week Ending 19 April 2024
A summary of European hotel transactions provided by HVS
Hospitality Representatives Agree on Policy Priorities Ahead of the European Elections
HOTREC members and delegates from across Europe gathered in Budapest for the Association's 88th General Assembly.
Hotel Loyalty Programs
Loyalty Program is the Third Most Important Factor when Choosing a Hotel, After Hotel Quality and Location According to Global Hotel Alliance Research
When selecting a hotel, almost all members want reassurance that their hotel is of good quality (97% say that’s most important) and in a convenient location (92%). Loyalty program benefits (90%) are nearly as essential, followed by customer service (88%).
P2P Solutions
The Paperless Approach In Hospitality Invoice Management: Unlocking The Benefits Of Going Digital
Hospitality industry organisations must constantly evolve to meet the changing needs of modern consumers. Today's hotel guest or restaurant visitor expects fast, friendly, and efficient service from the moment they arrive to the moment they leave.
Hotel Wellness Trends
Enhancing Well-Being for Hotel Guests: Academic Insights for Hoteliers - By Dr Valentina Clergue
In recent years, the topic of well-being has become increasingly ubiquitous. A report by McKinsey (2024) finds, surprisingly, that millennials and Gen Z are spending more on health and wellness than older consumers. According to the Global Wellness Institute (2023), the wellness economy reached $5.6 trillion in 2023 and is forecast to soar to $8.5 trillion by 2027.
Innovation
An Interview with the Pioneers of 21 House of Stories - By Beatrice Odelli
21 House of Stories: Revolutionizing Hospitality by Embracing Emerging Trends and Future Challenges
SiteMinder Partner Awards
SiteMinder Solidifies Largest Hotel Ecosystem, Re-launches Awards Program As Partners Surpass 2000
SiteMinder has announced that its ecosystem has expanded to over 2,150 partners, cementing the ecosystem as the largest within the global hotel industry.