New NYC law halts Airbnb's business in the city, Britain’s Old War Office will open as Raffles London and more...

New NYC law halts Airbnb's business in the city
Monday, 11th September 2023

On January 9, 2022, New York City adopted Local Law 18, also known as the Short-Term Rental Registration Law. The law requires short-term rental hosts to register with the Mayor's Office of Special Enforcement (OSE), and prohibits booking service platforms (such as Airbnb, VRBO, Booking.com, and others) from processing transactions for unregistered short-term rentals >>

Britain’s Old War Office will open as Raffles London at The OWO by the end of September 2023
11 Sep 2023 : For the first time since its conception in 1906, Britain’s iconic Old War Office will open its doors to the public as The OWO: an extraordinary new destination that is redefining Whitehall >>

A focus on the margins: US hotels in H1 2023
11 Sep 2023 : Hotels in the United States saw general pressure on profit margins in the first half of 2023, with Gross Operating Profit (GOP) margin falling by 1 percentage point compared to the same period in 2022 >>

Radisson opens first Radisson RED in Eastern Europe
11 Sep 2023 : The first Radisson RED hotel in Eastern Europe has arrived in Tbilisi, Georgia >>

HIGHLIGHT ARTICLE

Restaurant Buffet Profitability – Do Buffets Make Money?
Monday, 11th September 2023

Exclusive Feature: Are you a hotel or a restaurant professional and do you offer a buffet breakfast, lunch or dinner at any of your restaurants?

Have you ever wondered whether your buffet meals are profitable? Even if you did not offer them, are buffets worthwhile? How would you know? In this article, I will lay out a case for buffet offerings vs the traditional a la carte menus >>

Is Hotel Development Getting Harder, or Easier?
Once again, it seems that we are witnessing the perpetual up and down cycle of real estate in Australia in action and this time its moving away from the perceived safety of commercial offices and residential projects, to hotels as a distinct asset class >>

In case you've missed it: Global eNews of September 08, 2023
US leads global travel rebound, Accor debuts Handwritten Collection in Southeast Asia and more >>