High street restaurant chain outlets will be far fewer in numbers by the time most UK high streets reopen, and many familiar names will be different or have new owners and operators. The casual dining restaurant sector has struggled in recent years and now amidst the Covid-19 crisis has one simple objective, survival. Cash has always been king in business and now … [Read more...]
US closes Cuban hotels
The US Government has instructed Marriott to close all hotels in Cuba following President Trump’s tightening of the US trade embargo on Cuba. US closes Cuban hotels. The tightening of embargo conditions from the Trump administration is designed to pressure Cuba to adopt democratic reform and to cease support for Venezuelan President Nicolas Maduro. Marriott operates hotels … [Read more...]
Five minutes with… Adele Oxberry
Adele Oxberry FIH is the founder and CEO of Umbrella Training, a leading nationwide training and apprenticeship provider for the hospitality industry. We took five minutes out recently to catch up with Adele and find out why hospitality and training are both lifetime passions for her. How did you get into the industry? My mother was the executive … [Read more...]
Global hotel superpower outlook
Global hotel superpowers share recovery outlook agreeing and disagreeing on where it will focus. Senior executives from Accor, Marriott, and other global hotel brands took part in a webinar event earlier this week hosted by New York University. The webinar event took place to review the impact from Covid-19 on hotels around the world, from hoteliers that operate … [Read more...]
Travelodge Owners Action Group raise temperatures in CVA dispute
Travelodge is embroiled in an ever increasingly bitter row following refusing to pay landlords any rent for the second three months of 2020. Travelodge is moving itself into insolvency proceedings using a company voluntary arrangement (CVA), in an attempt to reduce its rent costs by circa 40% to the end of 2021 and save 10,000 jobs. Where much of the disagreement … [Read more...]