Finance News – Hotels
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Airbnb is wading deeper into politics. It could weigh on profits.
Airbnb’s increased focus on political involvement and expanding into new offerings may impact its financial performance amid growing competition from traditional hospitality provid...
Read Full Article →Haven and Warner Hotels-owner plots break-up and sale
The parent company of two major hospitality brands is planning to separate its assets, leading to individual sales that could impact the financial landscape of the leisure and holi...
Read Full Article →Solayer unveils new travel booking site on Solana for crypto card holders
The new platform provides Emerald Card users with access to extensive hotel options worldwide, potentially enhancing the utility and value of their crypto assets through travel boo...
Read Full Article →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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