With Asia all wrapped up, Taylor touches down in Europe soon and, if anything, the Swift effect is even bigger for many European cities than any of her previous legs.
Appeared first on: hotelnewsresource.com
Poor Management Drives Hotel Distress According to Finance Executives & CoStar
While there have been many debt&related concerns in an era of high interest rates and limited availability, a panel of experts said the top issue driving distress in the hotel industry is still inefficient and ineffective operations. Appeared first on: hotelnewsresource.com … [Read More...]
IHCL Expands Its Partnership with CG Hospitality, to Grow Its Portfolio in the Indian Subcontinent
Indian Hotels Company (IHCL) today announced a strategic partnership with CG Hospitality, extending its current association of TAL Hotels & Resorts Limited and Taj Safaris Limited to achieve a portfolio of 25 hotels by 2025. Appeared first on: hotelnewsresource.com … [Read More...]
AAHOA, ORLA Monitor Proposed Use of Hotel Tax Revenue by City of Salem, OR
The City of Salem, OR, has found an alternate solution to its initial plan to use transient lodging tax dollars for library funding gaps. Instead, it will use funds from the American Rescue Plan Act. AAHOA (Asian American Hotel Owners Association) and ORLA (Oregon Restaurant & Lodging Association) proactively watch attempts from local municipalities to use protected lodging tax dollars for … [Read More...]
Courtyard by Marriott London City Airport Hotel Listed for Sale
Purpose&built hotel providing 184 bedrooms with an average size of 22 sqm. Opened in 2021 with further upside potential to add 12 further bedrooms, subject to planning consent. Appeared first on: hotelnewsresource.com … [Read More...]
Internova Travel Group Survey Shows Positive Outlook for Business Travel in 2024
Eighty&five percent of business travelers surveyed expect to be on the road the same amount or more often in 2024 versus 2023. Appeared first on: hotelnewsresource.com … [Read More...]