Issue 21: 10th June 2019

    Hotels snap back at tourist tax

    Growing talk of tourism taxes in the UK were tempered by demands for a relaxation of tax and regulation as the sector can under increased cost pressure. The comments came as destinations including Amsterdam shifted promotional activities to redirect rather than attract tourists. A study by the All Parliamentary Group for Hospitality reported that local [...]

    Accor funds chatbot

    Accor has taken part in the latest funding round for Mindsay, a Paris-based startup which developed chatbots. The sector has seen an increase in digital assistants as it seeks to temper staffing costs and also develop its relationships with guests. Mindsay raised EUR10m in the Series A round, which was led by White Star Capital, [...]

    None’s gone to Iceland

    The collapse of Wow Air was blamed in part for falling visitor numbers to Iceland, as the influence of the country as a travel hub waned. Hotel development was not deterred by the drop in travel, with Six Senses signing an agreement for a resort due to open in 2022. The IHG brand will open [...]

    Online sales continue to confuse

    Online hotel retailing was accused of continuing to indulge in practices such as pressure selling, after having committed to the Competitions and Markets Authority that they would reform their dealings. The websites were also accused of advertising rooms without including additional fees, with Which? reporting their activities. The deadline to implement changes required by undertakings [...]

    Brands bet on Brazil hopes

    Radisson Hotel Group signed two Radisson Hotels in Brazil, in partnership with Atlantica Hotels. As Radisson was building its estate in the country, Host Hotels & Resorts was selling three of its hotels in Brazil, after performance weakened following the 2016 Olympics in Rio de Janeiro. Radisson Hotel Group has signed two new properties in [...]

    Bidders gather round Thomas Cook

    Fosun has confirmed a move on Thomas Cook, as a number of potential bidders circled the beleaguered company. It is thought that Thomas Cook’s decision to review its airline business earlier this year had encouraged investors to take a closer look at the group, which has been strengthening its offering in Spain. Fosun International, which [...]