Sat.Feb 17, 2024 - Fri.Feb 23, 2024

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Historic result: Accor hit record €1 billion in EBIDTA for 2023

Hotel Management

Global hospitality company Accor achieved a record result in 2023 with earnings reaching over €1 billion for the first time in its history. Accor’s net profit group share increased by 57% to €633 million. in the last 12 months.

Occupancy 264
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Hospitality Sales on the up, but Significant Challenges Remain as Operators Look to Save on Costs

Hospitality Net

The latest data from Fourth, the leader in workforce and inventory management technology for the hospitality and retail industries, has revealed a much-needed improvement in festive trading across the sector in Q4 2023, with net sales revenue growth of +6.1% compared to the same period in 2022.

Sales 141
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Analysis: what investors want in South East Asia, according to JLL’s APAC chief

Hotel Management

Ahead of the inaugural AHICE South East Asia, which takes place in Singapore on February 27-29, JLL Hotels and Hospitality Group CEO APAC, Nihat Ercan, discusses the latest developments in hospitality across the region. Thailand’s well-established and diversified hospitality market also looks attractive.

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Accor reports record EBITDA for 2023

Hotel Business

. “I would like to thank them for their commitment and their know-how in an industry whose strength lies above all in the women and men on the ground daily who raise the profile of our brands with a passionate and generous sense of hospitality. in the last 12 months.

Revenue 105
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Luxury Marketing – The Ultimate Guide to Elevate Your Brand

MediaBoom

The way in which we position premium brands in this hyper-competitive marketplace is highly-dependent on the sector, some of which include: Hospitality: High-end hotels and fine-dining establishments. Targeting High Net-Worth Audience High-net-worth individuals are the main targets for luxury brands.

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The Newly Refurbished Suites at Yorkshire’s Oulton Hall Hotel, Spa & Golf Resort

Hospitality Net

Oulton Hall Hotel, Spa & Golf Resort has recently made a significant investment in upgrading the bedroom suites in the historic hall - allowing the hotel to provide sanctuary for a variety of discerning guests.

Resorts 246
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TIME Hotels Unveils 770-Key Property in Makkah, Saudi Arabia

Hospitality Net

This opening is poised to enhance the city’s hospitality offerings, providing guests with an unparalleled mix of luxury, comfort, and cultural immersion. TIME Hotels, renowned for its management expertise and headquartered in the UAE, has officially launched its latest venture, the TIME Ruba Hotel & Suites, in Makkah.

Hotels 240