Journey to Plastic Freedom Documented in Practical Playbook
London, UK – Six Senses has been on a journey to eliminate plastic from its properties ever since the brand was founded in the mid-1990s. By the time plastic had…
Holiday Inn Hotels & Resorts opens its first resort in Nepal
Holiday Inn Resort Kathmandu Budhanilkantha: Kathmandu's Newest Nature Retreat. The newly opened Holiday Inn Resort Kathmandu Budhanilkantha is the latest addition to IHG Hotels & Resorts' renowned Holiday Inn brand…
Capella Hotel Group Leads Luxury Hospitality into the Digital Age with Acceptance of Digital Payment Tokens
Singapore – In an industry-leading move, Capella Hotel Group announces the acceptance of Digital Payment Tokens (DPTs) at its flagship properties, Capella Singapore and Patina Maldives, Fari Islands. As a…
Myth busting 2: Corporate Social Responsibility Directive (CSRD) vs Sustainable Finance Disclosure Regulation (SFDR)
There's a common misconception that the Corporate Sustainability Reporting Directive (CSRD) and the Sustainable Finance Disclosure Regulation (SFDR) are interchangeable or always need to be discussed together. While both regulations…
Golf Revenue Above PAR and POR for Hotels
Throughout the latter part of the 20th century, golf was growing significantly in the United States. Not only was participation soaring, but new golf courses were being built at a…
HFTP Donates $25,000 to American Red Cross for Hurricane Relief Efforts
Hospitality Financial and Technology Professionals (HFTP®) announced today a donation of $25,000 to the American Red Cross in support of the relief efforts for communities affected by Hurricanes Debby, Helene,…
MTE Hanoi 2024: Embrace a New Cycle for Vietnam’s Real Estate and Hospitality
Source: Savills Hotels MTE Hanoi 2024: Guest Speakers — Photo by Savills Hotels In H1.2024, Vietnam's tourism industry has continued its recovery, driven by a rebound in international demand. Additionally,…
Hospitality Financial Leadership Podcast: Hotel Accounting Policy Manuals
Welcome to the "exciting" world of hotel accounting policy manuals and internal control reviews. Having a set of "rules for the road" is an essential tool that any hotel needs…
Reviewing the Welltech Available to Grow Your Brand
Rather than start with some glowing statistic to show the growth of wellness worldwide across various markets or industries, here’s a more profound statement: If you don’t make time for…
Market Snapshot: Asia Pacific 2024
Transactions in the Asia Pacific In 2023, hotel transaction volume in the Asia Pacific recorded approximately USD11.7 billion, a 12% decrease from USD13.3 billion from the previous year. The decline…