GlobalData analyst believes this is due to strong core performance and expansion strategy
Cricket World Cup swings UK hotels to GOPPAR highs
Profit performance hit a peak for the year as the typically strong month was boosted by the Cricket World Cup, according to the latest data tracking hotels from HotStats.
Crowne Plaza unveils new global flagship properties
Crowne Plaza to launch six brand-defining properties in the U.S., Europe and China, bringing new designs and innovations to life
Preferred Hotels & Resorts welcomes 19 new member hotels
Preferred Hotels and Resorts announced the addition of 19 new member hotels, including more than seven new openings, to its global portfolio
Franchising bigger than ever in European hotel sector
Franchising as a means of expansion is gaining popularity across Europe’s hotel sector as the big brands seek to move into new markets to drive growth, according to a new report from global hotel consultancy HVS.
Fewer than 30% of guests experience “better than expected” night’s rest
According to a new US study, only 29% of hotel guests experience “better-than-expected” quality of sleep. But 78% guests who do experience “better-than-expected” sleep at a property report that they “definitely will” return.
Korea, Taiwan and Indonesia travellers among fastest growing origin markets
New report shows remarkable growth and expenditure from Korea, Indonesia and Taiwan travellers, as well as the top 10 origin markets.
Travelodge is searching for 26 hotel sites in the British Isles
Brexit uncertainties have meant 58% of Britons are staying in the UK for their summer holidays, leading to Travelodge’s expansion to 26 new properties alongside the UK seaside.
NexPoint Hospitality to acquire Condor Hospitality
The transaction will instantly expand NHT’s geographical footprint and balances NHTs strategic value-add portfolio with durable, core, extended-stay hotels.
Radisson raises USD 480,000 for SOS Children’s Villages
Radisson demonstrates its ongoing commitment to the global partnership with SOS Children’s Villages – taking part in close to 1,000 activities worldwide to provide food, shelter and a better future for the children and young people who need it most.
