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Category: Finance and Development


Finance and Development, Trends

3 ways to fix the hospitality labor shortage & welcome back employees

January 19, 2022

Via: Hospitality Net

On November 22, 2021, EHL hosted the International Advisory Board (IAB) conference on campus. This was the first IAB meeting on-site in two years. Their two days were packed with presentations from faculty members, students and workshops on pressing topics […]


Finance and Development, Trends

How To Be #1 Hotel in the World on Tripadvisor

January 18, 2022

Via: Hotel News Resource

More and more people are booking hotels online. We’re all becoming internet-savvy and using digital technologies to our advantage. In fact, 93% of people looking to book hotels check the reviews online, regardless of how they book their stay. Around […]


Finance and Development, Financial

Hospitality Financial Leadership – Why Is Hotel Accounting Different? – By David Lund

January 18, 2022

Via: Hotel News Resource

I heard this about 40 years ago and it has stuck with me. I was a newbie cocktail waiter working part time in my hometown hotel. One of my regular weekend customers was the controller and he was telling me […]


Finance and Development, Markets

7 Changes the UK’s Hotel Sector Can’t Afford to Ignore

January 14, 2022

Via: Hospitality Net

The pandemic, Brexit and ongoing supply issues have prompted key changes in the UK’s hotel sector, many of which are long-term, if not permanent. “The past 18 months has been an unprecedented time for hotels. In order to survive, businesses […]


Finance and Development, Trends

Major trends for 2022 business travel

January 14, 2022

Via: Hospitality Net

With the premise of being able to get back to traveling once again, 2022 will not only see people reconnecting, but also see the planning of a trip become as important as the trip itself. With considerations that simply weren’t […]


Finance and Development, Trends

Finance, Technology and Service Will Dominate

January 13, 2022

Via: Hospitality Net

Interest rates are low, consumer confidence is stronger, oil prices are high and employment is very uneven. The Purchasing Managers Index (PMI) is at 58.7 in December 2021, down from 60 in November and 61 in October. Any number over […]


Finance and Development, Trends

The 2022 Travel Trends with Cenizaro Hotels & Resorts

January 12, 2022

Via: Hospitality Net

Inviting guests to discover some of the world’s most captivating destinations, with a portfolio that spans the globe, Cenizaro Hotels & Resorts is rooted in providing enriching experiences and heartfelt hospitality. From Marrakech to the Maldives, each of the properties […]


Finance and Development, Trends

ForwardKeys Shares Key Travel Trends for 2022

January 11, 2022

Via: Hotel News Resource

At the height of the pandemic in 2020, many wondered if things could get worse for the tourism sector, praying for travellers to return to the skies as soon as possible. In 2021, we enjoyed a brief sensation of travel […]


Finance and Development, Markets

STR Reports London Hotel Occupancy Fell in December Amid Latest COVID Concerns

January 11, 2022

Via: Hotel News Resource

Amid increased COVID-19 cases, London’s hotel industry reported lower occupancy but higher room rates, according to preliminary December 2021 data from STR. Occupancy: 53.4% Average daily rate (ADR): GBP153.63 Revenue per available room (RevPAR): GBP82.08 The occupancy level was the […]


Finance and Development, Markets

U.S. Market Recovery Monitor – 1 January 2022 – STR

January 10, 2022

Via: Hotel News Resource

Excerpt from STR I’ll be home for Christmas rang true this year in the U.S. as Christmas Day hotel occupancy (47.3%) was the highest ever recorded by STR. The previous Christmas peak was reached in 2015 (47.0%). The remainder of […]