In Brief: A significant insolvency case involving 175 hotels in Germany underscores the escalating financial challenges faced by hospitality operators across Europe. 175-Hotel Insolvency Case in Germany Highlights Growing Pressure on European Operators – Image Credit HNR News Insolvency proceedings involving a portfolio of 175 hotels in Germany are highlighting mounting financial pressures in parts…
Brexit’s Impact on UK Tourism: Current Effects and Future Predictions – Image Credit Unsplash ‘The UK is likely to lose competitive share both within Europe and globally,’ says VisitBritain Brexit decisions, including the ban on EU citizens using identity cards for UK travel, have decreased tourism spending compared to pre-Covid, pre-Brexit numbers. VisitBritain forecasts a…
Lofoten Links – Image Credit Jacob Sjöman Canadian Developer to Add Scandinavian Property to Resort Portfolio The Cabot Collection, renowned for its portfolio of luxury resort and residential golf destinations, announces a strategic investment in Lofoten Links, built majestically into the rugged, seaside landscape of Norway’s remote Lofoten Islands. This visually stunning property is a…
Internova Travel Group Survey Shows Positive Outlook for Business Travel in 2024 The demand for business travel remains robust according to the 2024 Internova Index: North American Business Traveler Insights, a new survey of travel trends conducted by Internova Travel Group. Eighty-five percent of business travelers surveyed expect to be on the road the same…
