Rosewood continues its thoughtful growth across Europe, announcing Greece and more...

Rosewood announces Greece
Wednesday, 1st November 2023

Marking Rosewood Hotels & Resorts®’ entrance into Greece, the brand is thoughtfully expanding with the introduction of Rosewood Blue Palace.

A reincarnation of a beloved resort, Crete’s distinguished Blue Palace will reopen as part of the Rosewood portfolio in 2025 following a reimagination of the celebrated property >>

Airbnb and IGLTA reveal new travel trends
1 Nov 2023 : During the 40th LGBTQ+ Travel Association (IGLTA) Global Convention in Puerto Rico, Airbnb presented a survey commissioned to the IGLTA Foundation that showcases the Latin America trending destinations for the LGBTQ+ community >>

European hotel transactions news - November 01, 2023
1 Nov 2023 : Hotel news and transactions from around the European region: Saudi Arabia Sovereign Wealth Fund PIF to acquire 49% stake in Rocco Forte Hotels, Safestay returns to Edinburgh and more >>

Hotel operators’ sentiment Asia Pacific
25 Oct 2023 : The ongoing travel momentum in Asia Pacific, which gained traction in the latter half of 2022, has resulted in a notable improvement in hotel performance >>

HIGHLIGHT ARTICLE

Hotel Financial Performance Influenced by Changes in Hotel Food and Beverage Offerings
Wednesday, 1st November 2023

Since the majority of hotel food and beverage patrons come from in-house guests, it is appropriate to analyze revenue trends on a dollar-per-occupied room (POR) basis.

From 2021 to 2022, total hotel F&B revenues POR for the hotels in the study sample increased by 50.2%. For comparative purposes, total hotel revenue for the same hotels increased 24.0% POR >>

Power of the Pivot: Soaring to New Heights of Growth Amidst Change
In the ever-changing realm of business ventures, knowing when to pivot or make a transition is crucial for CEOs to soar above the competition and adapt to shifting market dynamics >>

In case you've missed it: Global eNewsletter of October 31, 2023
IHG announces a string of new voco hotels as it grows the brand across Europe, Iberostar Group and more >>