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...InterContinental Hotels Group, owner of the Holiday Inn and Crowne Plaza chains, said its performance had normalised after the impact of the pandemic as it reported significant improvements to trading performance...
...Holding Whitbread shares can get you a free breakfast in a Premier Inn. As for the investments themselves, too many factors come into play and the sample is too small to be conclusive....
...By the time I arrived at the Inn at Round Barn Farm, a mile or so past Waitsfield, I was exhausted as much by worried longing as by travel, and slept for hours in a bed so majestic it required me to clamber...
...By contrast, concert promotion, by far Live Nation’s biggest division with 82 per cent of group revenue, pulled in only 17 per cent of total AOI....
...Budget extended stay hotels emerged as one of the few bright spots for the lodging industry during the pandemic....
...It became an inn shortly after the city’s first bridge was built, right next to the hotel, over one of the Limmat’s narrowest spots....
...That segment is dominated by UK-listed Gym Group and private equity owned PureGym....
...The group estimated the rule would cost airlines $33bn over 10 years....
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...The US short-term rental group is a top-level sponsor of the games....
...The deal marks the end of CPI Property Group’s ownership of the resort....
...That worked out to nearly 12 per cent of group total. On a profit level, the card deal carries even more weight....
...I quite like an Airbnb for if I’m doing a group trip with friends. I think it’s quite nice for everyone to be together....
...Steppes Travel has teamed up with nature-tourism outfit Wild Spain Travel to offer a seven-night tour, “On the Trail of Bears in Northern Spain”; see steppestravel.com The figure of the guisandera (“stew-maker...
...And, indeed, everything about Carlotta, the latest London restaurant from the fast-growing group, screams bountifulness....
...In the end, the Fenway-led group, dubbed Strategic Sports Group, stepped to the front of the line....
...Perversely, property owners may be dissuaded in future from converting their properties back to long-term lets if they have to apply for another change of use, warns the campaign group Generation Rent....
...But through 2022 and early 2023, travel and leisure stocks stagnated as the revenue gains from resurgent travel were already priced in....
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
...It caps off a bruising period for Hertz’s majority owners, Knighthead Capital, a specialist in distressed investments, and Certares, a travel-focused private equity group....
...The UK said this week that it will probe Abu Dhabi-backed RedBird IMI’s offer to take the group over. It’s one to watch for readers of Scoreboard....
...So we really expect a very robust 2023 for the lodging sector,” said Hina Shoeb, a director at S&P Global Ratings....
...Bruin Capital, the investment group founded by former IMG executive George Pyne, agreed to sell sports marketing company Two Circles....
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