• Fronts Eyebrow Descriptor
    Development
    Accor has announced a franchise agreement with WIN Hotels for the first Tribe hotel in the Netherlands. 
  • Fronts Eyebrow Descriptor
    Covid-19
    London has fallen from the top to the bottom of the leading 10 most-booked European destinations, according to the WTTC.
  • Fronts Eyebrow Descriptor
    Transactions
    The hotel sector remained attractive to investors, but was still a cyclical play, with only those looking long-term likely to succeed, according to a webinar hosted by Praxi Valuations.
  • Fronts Eyebrow Descriptor
    Results
    Accor will announce a reorganisation on 4 August in an investor call, with costs leading the agenda as it looked to transfer its asset-light model to the company’s operations. 
  • Fronts Eyebrow Descriptor
    Legislation

    The Balearic Islands have passed a bill which limits the sale and promotion of alcohol in certain tourist-heavy areas.

  • Fronts Eyebrow Descriptor
    Performance
    Europe was likely to salvage some summer, led by regional hotels at the lower end of the market, according to STR.
  • Fronts Eyebrow Descriptor
    Insider
    This week’s Accor AGM came with the news that the company would use its first-half results on 4 August to announce a reorganisation.
  • Fronts Eyebrow Descriptor
    Covid-19
    Patrick Grant, partner, Alpha Real Capital talks to Hospitality Insights about relationships with tenants, how ground rents can be used to support operators through the hard months ahead after reopening, removing material uncertainty clauses and why he is no longer an ESG sceptic.
  • Fronts Eyebrow Descriptor
    Results
    Huazhu said that it would continue its “exploration” in the upscale segment with its Joya and Blossom House brands, as well as Steigenberger and Intercity.