Issue 33: 22nd September, 2020

    Corporate culls continue

    Across the hospitality sector, there have been many thousands of jobs lost, as the coronavirus decimated business volumes globally. Whitbread is the latest major operator to announce redundancies, this week stating it expects to shed 6,000 people or 18% of its workforce. The Whitbread move came as the company delivered an unscheduled trading update. It [...]

    Moving towards flexible leases?

    Operational real estate owners and users are wrestling with a major challenge – will the institutional lease survive the pandemic? Across a variety of sectors, there is talk of moving towards new models, as the pace of business changes. With some retail locations in crisis, and major shopping centre owners facing disaster as tenants cannot [...]

    Airbnb turns the summer into success

    As sceptics wonder how Airbnb will get its promised IPO to fly, the alternative rental platform has received a fillip from new research which suggests it sits in the most strongly rebounding part of the accommodation space. Research from Edison Trends suggests the platform is, in fact, performing more strongly in summer 2020, than it [...]

    Wellness on the agenda

    Hotel groups are continuing to push into the health and wellness niche, with a series of commitments. Thailand is at the forefront of recent developments in the sector. Aman Resorts has announced its first urban resort will be in Bangkok, with the signing of a deal to manage a new build hotel and branded residences [...]