Industry News & Reports

Main Photo:  New report from JLL Date: February 2019 Location: Global Who: JLL What Did They Say: Hotel investment defies global caution. Liquidity for hotel investments in 2018 was bolstered by a healthy global economy fuelling growing traveller volumes. Some markets, like the US, enjoyed more positive sentiment over the past 12 months. With this, global hotel transaction volumes totalled nearly US$60…

Main Photo:  Marriott Bonvoy Logo Date: January 2019 Location: Global Who: Marriott What Did They Do: Marriott International announced that the loyalty brand replacing Marriott Rewards, The Ritz-Carlton Rewards and Starwood Preferred Guest will called Marriott Bonvoy. The company said that it was “more than a loyalty programme” as it looked to greater personalisation and other member benefits. Marriott…

Main Photo:  Disgruntled tradesman smashes into Travelodge Liverpool Date: January 2019 Location: Innovation Park part of Liverpool, Merseyside, UK Name: Travelodge Liverpool Edge Lane

Main Photo: Cape Verde Date:  January 2019 Location: Cape Verde, an island/country off the North West coast of Africa Who: Horwarth HTL, prior to the new Forum de l’Investissement Hôtelier Africain (FIHA) in Marrakesh in February 2019.

Main Photo: JW Marriott Hotel Zheljiang Anji Date:  January 2019 Location: Global Who: Marriott and Hilton What did they do: Marriott fell as much as 5.1 percent, and Hilton slipped as much as 5.2 percent. They were down 3.5 percent and 3.2 percent, respectively, at 11:57 a.m. New York time, January 3rd 2019, compared with a 2 percent drop…

Main Photo: The Madrid Skyline Date:  January 2019 Location: Spain Who: State-owned Paradores Chain What did they do: Paradores’ 97 hotels has announced that all of its establishments will use only electricity from renewable sources from the start of the new year.

Date:  January 2019 Location: UK Who: HJR Tax Solutions What do they do: Help hoteliers – Buyers or Sellers, claim back capital allowances on “embedded fixtures” – the fixed assets in the hotel.

Date: December 2018 Location: USA Who: CBRE Hotels’ Americas Research partnered with the Boutique and Lifestyle Leaders Association (BLLA) to develop six competitive classification categories. What did they say: The categories are based on a combination of branding, management, and chain-scale, three factors that influence the market position and performance of boutique and lifestyle hotels. The six competitive classification…

Main Photo: Waldorf Astoria Ras Al Khaimah Date: December 2018 Location: Ras Al Khaimah, UAE Who: Ras Al Khaimah Tourism Development Authority has today launched its new Destination Strategy 2019-2021. What did they say: Haitham Mattar, chief executive of Ras Al Khaimah Tourism Development Authority, said: “As our tourism offering evolves in Ras Al Khaimah, we must ensure our…

Date: December 2018 Location: USA Name: Knights Inn, owned by RLH Corporation (Red Lion)

Date: December 2018 Location: UN Climate Conference in Katowice, Poland. What did they say: The World Travel & Tourism Council and UN Climate Change have showcased how the travel and tourism sector can take steps towards carbon neutrality by 2050.

Date: December 2018 Location: Albany NY, USA What did she say: Woman sues Hilton for $100M over employee blackmail attempt

Date: December 2018 Location: Global What: Marriott was hacked whereby the data of approximately 500 million guests has been compromised. Although Marriott is based in the US, some guests were citizens of the European Union, so the breach falls under European Union General Data Protection Regulation. It is estimated that it could face a fine of…

Date: November 2018 Location: Bloomberg’s The Year Ahead Conference in New York, USA What did he say: “At Studio 54 you had regular people next to celebrities,” he says. “Everyone was there to have a good time.” The same communal sensibility can translate to hospitality.

Date: November 2018 Location: The United States of America Where: Top – Miami, Florida

Date: November 2018 Location: UK Who: A viewpoint from Derek Gammage, Non-Exec Chairman, CBRE Hotels, London

Date: November 2018 Location: UK Name: LSH’s (Lambert Smith Hampton) new report, Do Disturb: Disruption & Innovation in the Hotel Market.