TODAY: IHG launches new upscale brand, voco, extended-stay hotels growth or performance? and Hotel CEOs: Technology Will Determine Future Of Hospitality.

IHG launches new upscale brand, voco
Wednesday, 13th June 2018

IHG® has launched voco™, its new upscale hotel brand, alongside announcing a first signing in Australia.

voco will focus primarily on conversion opportunities and will strengthen IHG’s offer in the $40 billion upscale segment, which is expected to grow by a further $20 billion by 2025 >>

UK Hospitality could face staff shortages due to Brexit
13 Jun 2018 : 1 in 5 hospitality businesses are finding recruitment harder than last year with serious concerns raised about fulfilling staff requirements over the next 5 years, 3% of businesses predicted to close as a result of Brexit, which would mean a loss to the UK economy of around £1bn and 53% of workers think that Brexit has made the UK a less welcoming place to live and work >>

Extended-stay hotels growth or performance?
13 Jun 2018 : When investing in hotels, recent year-over-year trends in revenues and profits, along with current performance values, are two of the metrics most frequently evaluated. Investors need to balance the current levels of a property’s occupancy, ADR, revenues and profits, with the recent direction of the changes in these measurements >>

Broome set to boom with new discount airfares announced for Australia's North West
13 Jun 2018 : It is the dream Australian location that few have been able to tick off the bucket list due to the cost of flights taking it out of contention for the average traveller, until now >>

HIGHLIGHT ARTICLE

Does Your Hotel Stand Out?
Wednesday, 13th June 2018

Brand standards can make a hotel seem - well, standard and with so many hotels flooding the market, it can be hard for travelers to tell one apart from the next.

Making it even more challenging to establish customer loyalty, but by carefully targeting specific types of guests and incorporating clever design and programing, a few hotel brands are standing out from the pack >>

Hotel CEOs: Technology Will Determine Future Of Hospitality
In a hotel industry starved for innovation, it’s not surprising hospitality leaders on stage at the NYU International Hospitality Industry Investment Conference focused much of their attention not on real estate opportunities but instead on how technology will continue to push the industry forward >>

I Can See Clearly Now, But The Future is Still Blurred
Identity and privacy are the two hot button topics these days. Our identity is wrapped up in our data, that which we share freely with companies today in exchange for connectivity and convenience. We naively trust that those we share our identity and data with will use it carefully and judiciously, but clearly that’s proven not to be the case with the Facebook and Cambridge Analytica debacle which will now become the monster child of this issue >>