Europe’s luxury hotels bounce back from the bottom, Rotana launches F&B platform and more...

Europe’s luxury hotels bounce back from the bottom
Tuesday, 19th July 2022

Luxury hotels across Europe have made an about-face and are back to producing profit at the almost same rate as 2019.

It’s an extraordinary turn of events for a sector that saw its gross operating profit per available room (GOPPAR) plummet during the dark days of the global pandemic, hitting a historical low of-€43.21 in May 2020. It’s a striking comeback that is still not complete and more remarkable given the depths of where it came from >>

Rotana launches F&B platform
19 Jul 2022 : Rotana has announced the launch of an interactive food & beverage (F&B) platform ‘Rotana at the Table’ >>

Pressure is on employers to adopt flexible working conditions and blended travel to attract and retain talent
19 Jul 2022 : New study on blended travel, accelerating plans to build 107 hotels in the next three years and renovate 50 percent of its existing estate globally >>

Sustainable Hospitality Alliance partners with Marriott
18 Jul 2022 : Global sustainability network, the Sustainable Hospitality Alliance, is delighted to be working with Marriott International as the charity temporarily locates its London headquarters in the Marriott International offices in Fetter Yard, Holborn >>

London hotels post record-breaking room rates
19 Jul 2022 : London’s hotel industry reported its highest monthly room rates on record, according to preliminary June 2022 data from STR >>

HIGHLIGHT ARTICLE

Until the Dust Settles, Zero-Based Budgeting is Indispensable
Tuesday, 19th July 2022

Some forecasts make sense and George Carlin once astutely predicted the night’s weather: dark, but on the other hand, handicapping the future - especially the economy - is a fool’s errand.

Here’s what Jamie Dimon once said about it: 'No one can forecast the economy with certainty.' If the CEO of JPMorgan Chase can’t do it, good luck to anyone else >>

What Can I Do With a Hospitality Management Degree?
If you’re looking for a professional qualification that provides a world of opportunities, then a degree in hospitality business could be for you. In such a diverse, global industry, you can expect a wide variety of successful career paths >>

In case you've missed it: Global eNewsletter of July 18, 2022
Banyan Tree debuts in the Philippines with Manila Bay, GBTA calls on the EU to adapt regulations to avoid further travel disruption and more >>