Olympic Games
The Olympic Games present both opportunities and challenges for the UK hotel industry. Our editorial coverage under this tag examines the multifaceted impact of the Olympics on hoteliers, general managers, and hospitality executives. We delve into case studies from past events like London 2012, analysing occupancy trends, pricing strategies, and operational adjustments. Additionally, we explore the long-term legacy effects on infrastructure and tourism, providing insights into how such global events can influence hotel performance and strategic planning within the UK hospitality sector.
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Dec- 2024 -4 DecemberColumns
Navigating the challenges of scale across a global portfolio
Julie White, Chief Commercial Officer at Accor for Europe and North Africa, leads with a clear vision: empowering hoteliers to drive revenue while delivering exceptional guest experiences. Her journey from interpreter to CCO is a compelling tale of adaptability, resilience, and a deep-seated passion for hospitality. Speaking from her vantage…
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Nov- 2024 -21 NovemberLatest News
Palladium Hotel Group European RevPAR surges 14% over summer
Palladium Hotel Group has revealed that its RevPAR across Europe rose 14% between May and October compared with the same period last year. The company stated that this was driven by an 8% rise in duration of stay and a 5% increase in the average room rate. As a result,…
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Oct- 2024 -25 OctoberHotel Brands
Accor’s Q3 revenues jump 12% to €1.4bn
Accor has revealed that the group recorded revenues of €1.4bn (£1.1bn) during its third quarter, up 12% YOY. This growth breaks down as a 7% increase for the Premium, Midscale and Economy division and an 18% increase for the Luxury and Lifestyle division. On a RevPar basis, the hotel giant…
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Sep- 2024 -6 SeptemberHotels
European hotel deal volumes surge to five year high in H1 2024
European hotel transactions have reached a five-year high in the first half of 2024, according to new data from Cushman and Wakefield. Transactions in the first half of the year grew to over €11.6bn (£9.78bn), the highest six-month volume since 2019. In the second quarter, European hotel transaction volumes hit…
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Mar- 2024 -11 MarchLatest News
Generator and Freehand Hotels sees an uptick in 48 hour stays
Generator and Freehand Hotels, boutique and lifestyle hospitality brands, have recorded a surge in 48-hour stays, according to its recently shared key travel trends and insights from its latest 2024 booking data. The findings indicate a strong comeback for the weekend city break and support the rise of new trends…
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Jan- 2017 -11 JanuaryEconomy
London reports highest RevPAR increase since 2012 Olympics
London has reported record occupancy in December and the strongest revenue per available room (RevPAR) increase since the London Olympic Games in 2012. Preliminary data from STR’s monthly report found occupancy soared 7.1% in the capital to 80.1%, while RevPAR increased 14.5% to £119.41. Meanwhile, average daily rate (ADR) was…
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Aug- 2016 -16 AugustEconomy
London ‘no longer most expensive’ European capital for overnight
Oslo and Dublin have climbed above London in the rankings for the most expensive capital in Europe for overnight stays. New research from hotel solution provider HRS revealed that major cities in the UK, including London, saw a decline in the average hotel room rates in the second quarter of…
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May- 2016 -18 MayProperty
‘More than half’ of London’s new hotel rooms are budget
More than half of the 18,000 hotel rooms that have opened in London since 2012 have been in the budget sector, new research has revealed. The London Hotel Development Monitor, from property consultants JLL and London & Partners, said the capital’s budget hotel sector has experienced “significant growth” since the…
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Feb- 2016 -5 FebruaryEconomy
UK average room rates up 26% since 2011
The UK hotel industry has experienced an overall increase in room rates of 26% between 2011 and 2015, despite ‘economic uncertainties’. That is according to hotel solutions provider HRS, which compared average room rates worldwide over the last four years. It said that London is one of the top three…
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Jan- 2015 -5 JanuaryTourism
Tourist spend set to increase by £1bn in 2015
The UK’s tourism sector is expected to enjoy tourist spend growth of £1bn in 2015, according to forecast figures from tourism board VisitBritain. The forecast predicts that inbound tourism spend will rise by 4.5% in 2015, with visitors from overseas expected to spend £22.2bn – an increase of almost £1bn…
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