Russia halts wartime deal that allows Ukraine to ship grain in a hit to global food security
Russia said on Monday it has halted an unprecedented wartime deal that allows grain to flow from Ukraine to countries in Africa, the Middle East and Asia where hunger is a growing threat and high food prices have pushed more people into poverty.Kremlin spokesman Dmitry Peskov announced halting the deal in a conference call with reporters, adding that Russia will return to the deal after its demands are met.“When the part of the Black Sea deal related to Russia is implemented, Russia will immediately return to the implementation of the deal,” Peskov said.Our journalists are working on this story and will update as soon as more information becomes available.
Source: euronews.com
Tech Innovation in Hospitality: German Hotel Operates Efficiently with 80% Fewer Staff
Launched in November 2023, the hotel operates with a mere six&member staff, about 80% smaller than that typically required for a hotel of its magnitude. Source: hotelnewsresource.com … [Read More...]
Four Seasons to Open Luxury Resort and Residences in Dorado Beach, Puerto Rico
Four Seasons Hotels and Resorts, in partnership with Paulson Group, will open a luxury resort and residences in Dorado Beach, Puerto Rico, in the summer of 2025. Source: hotelnewsresource.com … [Read More...]
Hilton Plans Major Expansion in Egypt with 25 New Hotels
Hilton is set to significantly expand its presence in Egypt with plans to open 25 new hotels, including more than 10 recently signed properties. Source: hotelnewsresource.com … [Read More...]
One Ocean Resort & Spain Atlantic Beach, Florida Joins Curator Hotel & Resort Collection
Curator Hotel & Resort Collection, a group of 100+ independent hotels, resorts, and experiences, has announced the expansion of its portfolio with One Ocean Resort & Spa, a beachfront property in Atlantic Beach, Florida. Source: hotelnewsresource.com … [Read More...]
Expedia Winter Travel Outlook shows a 10% increase in interest for winter travel
The Expedia Winter Travel Outlook shows a surge in interest in winter travel, with the data indicating a 10% increase compared to last year. According to the report, travelers are seeking sun&soaked destinations and showing a heightened interest in cities and snow getaways. Source: hotelnewsresource.com … [Read More...]
Increasing Financial Strain on UK's Independent Hotels: Survey Reveals Troubling Consequences of Autumn Budget
A survey conducted by BWH Hotels, representing over 200 independently run hotels, including Best Western branded properties, across Great Britain, revealed that the Autumn Budget has brought about a steep increase in costs for hoteliers, with 91% noting a rise and 60% observing a surge of more than 20%. Source: hotelnewsresource.com … [Read More...]
Growing Demand Buoyed By Inbound Tourism for UK Hotels In 2025
The outlook for UK hotel market demand in 2025 suggests a generally positive picture. While the below&average UK GDP growth of 1.6% in 2025 could dampen UK domestic business and leisure demand, UK interest rates are predicted to reduce, resulting in a weakening pound. This could boost inbound tourism, given the UK's relative affordability for international travelers. Source: … [Read More...]
New European Commission Mandate to Reshape Business Travel
The European Union has transitioned to a new Commission mandate as of December 1, 2024, under the leadership of Greek Commissioner Apostolos Tzitzikostas, who is responsible for 'Sustainable Transport and Tourism.' This change is expected to bring about significant shifts in the business travel industry. Source: hotelnewsresource.com … [Read More...]
Hospitality Transactions and Development: Insights from Industry Experts
At the recent annual meeting of Cayuga Hospitality Consultants, we brought together a panel of experts to discuss the state of transactions and development in the hotel industry. Here is a look into some of the key topics and points from the panel. Source: hotelnewsresource.com … [Read More...]
Hotel Indigo Irving Opens in Las Colinas, Texas
The 150&room hotel, developed and owned by Shree M Capital, is a 10&minute drive from Dallas Love Field airport and is located along the Mandalay Canal. Source: hotelnewsresource.com … [Read More...]