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Luxury Family Hotels invest in senior management training partnership

By James Russell: Luxury Family Hotels invest in senior management training partnership

August 11, 2020

Luxury Family Hotels has announced an exclusive partnership with Umbrella Training to train 15 members of its senior staff working across the five hotels in its group. The employees, all newly promoted into supervisory and team leader roles, will undergo a comprehensive apprenticeship development programme, devised specifically for the hotel brand and its team members. The … [Read more...]

Building consumer confidence showing results for OYO Hotels

By James Russell: Building consumer confidence showing results for OYO Hotels

August 11, 2020

  Consumer confidence in hospitality needs to be a focus of business in planning to increase footfall and revenue. Measures being taken to reassure consumers that hospitality providers are providing safe environments in which to enjoy hospitality need to be marketed. One such message has seen significant results. The introduction of new ‘Sanitised Stays’ safety measures … [Read more...]

Accor CEO reports “violent and unprecedented” first half 2020 finances

By James Russell: Accor CEO reports “violent and unprecedented” first half 2020 finances

August 5, 2020

  Accor have today released first half 2020 results that are an almost shocking reflection of the impact from Covid-19 on hotels and hospitality worldwide. The scale and scope of Accor enables a global picture of the crisis, presenting financial numbers emphasising how Covid-19 has hit their balance sheet. The first half of 2019 showed a profit of €141 million, in the … [Read more...]

IHG could lose 100 hotels through brand swap options

By James Russell: IHG could lose 100 hotels through brand swap options

July 28, 2020

The number of hotel owners looking to exercise brand swap options on both sides of the Atlantic is accelerating, fuelled by unpaid rents. Last weekend Travelodge Owners Action Group, representing the majority of UK Travelodge landlords set up AGO Hotels, exercising their break option following Travelodge’s recent CVA action. This move could see most Travelodge UK hotels … [Read more...]

Accor eye Travelodge UK rebrand move on rent strategy backfire

By James Russell: Accor eye Travelodge UK rebrand move on rent strategy backfire

July 26, 2020

  Accor eye a rebrand move on Travelodge UK The Travelodge Owners Action Group, representing the majority of UK Travelodge landlords has set up AGO Hotels, exercising their break option from Travelodge following last month’s CVA deal. The move to create AGO Hotels is in association with Accor. Accor made this move, recognising an opportunity to more than double its … [Read more...]

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