A successful hotel management company must be aligned with the owner’s vision and build a workforce culture that attracts committed employees, all the while finding new ways to increase revenue and cut costs.
Just a few weeks ago, analysts at Lodging Econometrics called China’s hotel pipeline “booming,” with 2,044 hotels and 411,032 rooms under construction, up 17 percent and 10 percent year over year, respectively.
IHG further expands luxury footprint with acquisition of Six Senses Hotels Resorts Spas
InterContinental Hotels Group (IHG®) has today announced the acquisition of Six Senses Hotels Resorts Spas, one of the world’s leading operators of luxury hotels, resorts and spas. The $300 million cash acquisition from Pegasus Capital Advisors includes all of Six Senses’ brands and operating companies and does not include any real estate assets.
Kurt Furlong Assumes Chairmanship of IHG Owners Association; 2019 Association Global Board of Directors Announced
The IHG Owners Association, which represents InterContinental Hotels Group® (IHG®) franchise hotel owners worldwide, announced that Kurt Furlong has assumed chairmanship of its Global Board of Directors for 2019.
Culture, Leadership, Performance: How Are They Linked?
The culture of any social unit includes group norms, shared perceptions, espoused values, and consensus around goals and objectives. Culture includes the way people interact with each other, how they solve problems, and how they justify themselves.
IHG and IHG Owners Association Announce Renovation Donation Initiative
IHG (InterContinental Hotels Group) and the IHG Owners Association have launched the Renovation Donation Initiative, an industry-leading reuse program that is part of a shared commitment to operating responsibly.
As a society we are all becoming more and more aware of the fact that we no longer need ‘real’ cash in our pockets. As we move forward with technologies such as touch payments and payments via apps on our phones, let’s explore what this means for hoteliers and what we all need to do to make sure we can accommodate the future of travel.
Article by Steve Sydenham on insights.ehotelier.com