Finance News – Hotels
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Up-market hotels take luxury living to a high-rise level
Accor’s decision to brand a Burleigh Heads apartment building with its luxury Mondrian label reflects a strategic move to expand its presence in the upscale accommodation market, p...
Read Full Article →Premier League to keep ability to sell hotels to related companies
Maintaining the current regulations allows clubs such as Chelsea to continue transferring hotel properties to affiliated entities, potentially impacting their financial dealings an...
Read Full Article →Exclusive: Hotels struggle with double whammy of staff costs and pressure on room rates
In April, UK hotels experienced decreased profitability due to rising employee expenses and reduced room pricing power, resulting in a higher proportion of payroll costs relative t...
Read Full Article →Why are more private equity companies entering the travel sector?
Private equity firms are increasingly investing in hospitality businesses to enhance their value and operational efficiency, aiming to maximize returns when they eventually sell th...
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