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    Legislation catching up with sharing

    The UNWTO has released a study of the global legislative response to peer-to-peer lodging. The study was published as Booking.com said that, that on average, seven guests per second were checking into a home, apartment or unique place to stay. The UNWTO drew on 21 global case studies and noted that most of the measures [...]

    UNWTO drives sustainable tourism

    The UNWTO is to work with the European Bank for Reconstruction and Development to drive sustainable and inclusive tourism. The agreement was announced as a report commissioned by the Committee on Climate Change recommended scrapping air miles schemes, claiming that they encouraged excessive flying. At the UNWTO, the two institutions said that they would strengthen [...]

    Accor narrows earnings target

    Accor narrowed its FY Ebitda range at the top end, from Eur820m to Eur850m to between Eur820m and Eur840m, citing the China trade war. The group remained confident, with CFO Jean-Jacques Morin telling analysts: “We’ve been tested for the first time and the performance shows the strength of the asset-light model”. Morin added: “The fee [...]

    Best Western adds extended stay

    Best Western Hotels & Resorts has launched its first extended-stay brand, SureStay Studio, aimed at the upper end of the segment, targeting both conversions and new builds. Best Western’s launch came alongside a new brand from Hyatt, looking at the select-service customer. Best Western’s president & CEO, David Kong, said: “SureStay Studio solidifies BWHR as [...]

    EasyJet Holidays to relaunch

    EasyJet is to relaunch its holidays product at the end of the year, with 100 destinations and more than 500 hotels. As the brand was confirming its ABTA membership, former Thomas Cook CEO Peter Fankhauser faced questions about the company’s liquidation by MPs. Writing in The Telegraph, Johan Lundgren, EasyJet CEO, said: “Following the sad [...]

    Talash to market portfolio

    Talash Hotels Group has put a portfolio of nine hotels on the market with a guide price in excess of GBP29.5m. News of the marketing came as Savills reported significant interest and purchasing activity by buyers from Asia Pacific in the first three quarters of the year. Talash Hotels has bought a total of 661 [...]