In the hospitality sector, prices typically follow the classic supply and demand curve. However, an intriguing report from the Daily Dot suggests something unusual—hotel rates remain high even as many rooms stay vacant. This pattern hints that there may be more influencing prices than just market f
Chelsea Football Club's financial tactics are drawing attention in the soccer community. Through an internal transaction, the club's parent entity, Blueco 22 Ltd, offloaded the Millennium and Copthorne hotels to its affiliated entity, Blueco 22 Properties Ltd. This strategic asset
Cultural heritage tourism is a burgeoning sector within the travel industry, engaging millions globally who seek to immerse themselves in the unique traditions of diverse communities. In the US, the economic influence is significant, with cultural heritage travelers contributing approximately $123
The Challenge of Staffing in Hospitality High Turnover and Seasonal Demand In the hospitality realm, managers grapple with the perennial challenge of high turnover and the ebb and flow of seasonal demand. This leads to an unending cycle of recruitment and training for staff. During tourism booms,
