Hints and tips:
Related Special Reports
...“Spain is flourishing due to record tourism numbers and robust operational performance from the hotel operators,” said CBRE head of hotels for Europe Kenneth Hatton....
New York City comptroller accuses $9.4tn asset management group of giving in to ‘war against ESG’
...“In the short term this could be a bit challenging for hotels . . . but in the medium term it’s much better to have a flexible stock of Airbnb oversupply as opposed to permanent expansion of hotel room stock...
...Hotel Chocolat’s acquisition last week by Mars handed a sweet payout of £280mn to the UK boutique chain’s founders. It also filled a hole in the family-owned US confectionery giant’s brand mix....
Also in this week’s newsletter, the Detroit Lions roar back and Real Madrid top football rich list
...Clarke ruled out changing Hotel Chocolat’s recipes. Hotel Chocolat last year announced the closure of its US stores after heavy losses and wrote off its investment in a Japanese joint venture....
...The sector’s resilience explains why Choice Hotels International is looking to check into rival Wyndham Hotels and Resorts....
...The big hotel openings of 2024....
...Hotels were the only part of the market to see a rise in transactions. The sector has enjoyed a post-Covid resurgence in travel that has boosted dealmaking....
...Chief financial officer Elizabeth Coddington said the Peloton for business channel, which operates in locations such as hotels, had underperformed, while trial demand for its paid app subscription had been...
Activity in futures contracts linked to cryptocurrency surges to record levels in January
...In the US Midwest where I now live, it still takes effort to be healthy: I drive every day, because I can....
...But for Canada’s oil companies, it means diversifying sales that have long been yoked to refineries in US Midwest and Gulf Coast states....
...Haley told her supporters at a hotel in West Des Moines, honing the message she will take to New Hampshire. “When I say more of the same, you know what I’m talking about?...
...Choice Hotels International has gone public with a nearly $10bn hostile bid for rival Wyndham Hotels and Resorts, after six months of takeover talks to create one of the biggest US budget hotel operators...
...Airfares and hotel prices, two volatile categories which can throw off the data, were both well behaved....
...He is a regular attendee at Cannes Lions, the marketing festival run by Ascential, where last year he threw an exclusive party in a lavish hotel featuring musical artist Lizzo....
...A new “Guest Favorites” feature, which directs users to the 2mn best-reviewed properties on the platform, was launched in November and is aimed at luring more customers away from hotels with its quality...
...The mutts and I put our heads together and came up with a shortlist of the commanding heights of pooch tourism in the American Midwest, where we live....
...Another model couples a high-end hotel with a members’ club added on top. Well-managed rooms and meals should generate strong returns, raising the value of underlying properties....
...The corporate titan of the American Midwest hardly felt like it was on its last spark plug....
...Kaplan said the industry’s largest gain was on Blackstone’s buyout of hotel group Hilton Worldwide, which yielded more than $11bn in gains....
...They waved frantically to guests at a hotel across the street. “We finally started making . . . the S-O-S sign,” she recalled....
...“It will be compounded by hotel prices [going up while] tourists on a budget won’t be able to come to New York,” Carney added....
International Edition