Bain Capital Special Situations (“Bain Capital”) and Smith Hill Capital (“Smith Hill”), an affiliate of Procaccianti Companies, today announced the formation of a joint venture to originate debt and preferred equity to serve the financing needs of companies and assets in the hospitality sector. The platform launches with the objective of deploying $1 billion of gross capital over the next several years.
New hospitality tracker sees first quarter sales drop 21.3%
The UK hospitality sector saw sales decline 21.3% in the first quarter of 2020, as the country and the industry moved into COVID-19 lockdown, figures from the newly launched UKHospitality Quarterly Tracker reveal.
IHIF day 3: providing alternative models within the hospitality sector
The final day of IHIF 2019 opened with a series of interviews with providers of alternative models within the hospitality sector. @IHIF_News
Prepare to be hacked
If you haven’t gone through a data breach, you will – and that means you need to prepare yourself, your team, your executive leadership and your board.
Self-driving hotel rooms: the future of hospitality industry
Concept design for an autonomous mobile hotel, a new form of hospitality combined with transportation. @aprilli.design.studio
Languages make hospitality hospitable
Speaking someone else’s language is a key part of being hospitable.
Waste management in the South African hospitality sector
The hospitality industry is undoubtedly one of the fastest growing economic sectors globally, which is proving to have a serious, negative impact on the environment. It is incumbent on hotels and businesses to have sustainability programs in place, in particular strategies around waste management to protect, nurture and sustain this precious commodity that is our planet. @VerdeHotels
