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...Her report demonstrates the economic impact of the art trade — estimated to contribute nearly £1.6bn to the UK economy in taxes — and its ancillary expenditure in industries including insurance, hospitality...
...Five-star assets Raffles London, the lavish hotel once home to Winston Churchill’s office, underscores a new era of inflation-resistant super-luxury hospitality as foreign investors snap up trophy assets...
...sectors such as office buildings, retail, hospitality, entertainment, business parks and high-tech parks....
...“Licensing and merchandising being one of them, international television distribution being another, leverage when it comes to negotiating for venues.”...
...Many of the top performers had rolled out specialised training to give refugees a head start in the jobs market — thousands of refugees have benefited from training in hospitality from Hilton, call-centre...
...She cites staffing struggles in the wider hospitality industry and says that, since Brexit, the fair’s European exhibitors had more than halved from 38 in 2018 to 16 last year....
...Hackers see international hotel chains, which process a huge volume of transactions, as easy pickings....
...That could mark a strategic win for Beijing, whose efforts to export UnionPay have been slow despite reward schemes offering discounts for shopping and hospitality....
...American’s changing of the guard epitomises a transition playing out at other companies in the travel, leisure and hospitality sector....
...But it took the Russian invasion of Ukraine to provoke any real backlash against the Gazprom logo on the advertising boards, hospitality suites and television screens....
...In addition, logistics groups are losing workers, who shifted to warehouses from hospitality at the height of the pandemic and are now returning to ply their original trade, said James Wroath, chief executive...
...But hotels and restaurants have had to cut opening hours and services, with as many as a fifth of hospitality staff globally by some estimates having permanently left the industry as the volatility of lockdowns...
...Sales overall climbed in Latin America, Europe and other international markets, overcoming uneven economic recoveries across the globe because of Covid-19 measures....
...Instead, the group has charted an aggressive growth strategy with the help of deep-pocketed shareholders like the US billionaire Ron Burkle and hospitality tycoon Richard Caring....
...Jan Louise Jones, professor of hospitality and tourism at the University of New Haven, said locations known for outdoor activities such as coastal areas, lakes, national parks and hiking destinations had...
...He had an uncanny ability to anticipate where the hospitality industry was headed and position Marriott for growth.”...
...Marriott was one of the first hospitality groups to put thousands of staff on furlough after steep falls in occupancy levels as the pandemic spread last March....
...The pandemic has triggered redundancies, which in turn removed swathes of ethnic diversity from the arts sector — because so much of the sector’s diversity lies in hospitality, stewarding and in early-career...
...But the question of what Soho House (aka Membership Collective Group Inc) might be worth is especially interesting....
...Pizza Hut plans to close more than a tenth of its UK outlets, putting 450 jobs at risk in a hospitality sector hit particularly hard by the coronavirus crisis....
...The company’s strategy to outbid rivals for a foothold in a market, or with an international operator like Iliad, before rapidly consolidating the rest of the market, has created a “domino effect” of deals...
...Heartbreak hotel: mortgage bonds weather New York’s hospitality crisis The turning of the leaves in Manhattan should also mean a windfall for hotels, as tourists from around the world flock to witness a...
...That has been exacerbated as mass job losses affected low-paid sectors such as hospitality and retail, while richer consumers found themselves with spare cash that they would normally have spent on holidays...
...Travel and hospitality companies have been particularly hard hit around the world, however: Oyo, the SoftBank-backed hotel chain, has already announced 3,000 job losses in China, and some US hotel owners...
...The pain is more acute for companies in hospitality and aviation, but almost every industry is feeling it....
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