Putting sustainability on the table every day: future-proofing our Food & Beverage strategy and more...

Future-proofing our Food & Beverage strategy
Tuesday, 19th April 2022

Today an estimated 86% of people expect brands to play their part in solving the most urgent challenge of our time, climate change.

Along with the public’s growing commitment to sustainable development, consumers are now seeking authentic, healthy and meaningful experiences, respectful of local communities and offering a holistic sense of wellbeing >>

IHG introduces voco hotels to Mexico
19 Apr 2022 : IHG Hotels & Resorts announced the signings of two new voco hotels in Guadalajara and Saltillo, Mexico >>

The Americas and Asia Pacific regions show increased hotel pipeline activity
19 Apr 2022 : Two of the four world regions, the Americas and Asia Pacific, showed a year-over-year increase in hotel pipeline activity at the end of the first quarter, according to March 2022 data from STR >>

Aloft Hotels makes a splash in Bali with an opening in Seminyak
19 Apr 2022 : Aloft Bali Seminyak embodies the brand's new tech-forward, future-proofed design philosophy with a lively, industrial-inspired aesthetic intermixed with distinct local touches that complement the free-flowing open spaces >>

HIGHLIGHT ARTICLE

Hotel Insurance – A Largely Uncontrollable Cost
Tuesday, 19th April 2022

In 2020 and 2021, U.S. hotel operators did a praiseworthy job controlling expenses to offset the significant declines in revenue.

Based on data from CBRE’s Trends® in the Hotel Industry survey of annual operating statements from thousands of properties across the U.S., not only have we seen a reduction in the variable expenses associated with the drop in business volume, but also in cuts among what were previously thought to be fixed expenses. During this time period, insurance costs were out of operators’ control >>

For Hotels, Revenue is the Sprint, Profit is the Marathon
In the hotel industry, revenue is a sprint and profit is a marathon and for a runner like Bolt, all that matters is running fast—the revenue >>

In case you've missed it: Global eNewsletter of April 18, 2022
Thailand plans to scrap Test & Go soon, ActivumSG checks out of Hard Rock Hotel Madrid and more >>