News By Kelsey Fenerty, STR The UK experienced 2.1% inflation in April 2019, a mere tenth of a percentage point over target rate and just below the 2.2% inflation averaged over the past 12 months. As inflation rises, revenue must grow in line or in excess to maintain...
News Educational travel is no longer just about providing insight into another culture or country – an interview with Ruth Franklin of Maldives-based tour operator Secret Paradise Primarily perceived as a honeymoon and luxury resort destination, according to Ruth...
News Youth travel is a serious party that accommodation providers need to recognise – an interview with CityHub’s Dennis Vermeulen A unique and smartly designed hospitality concept with a futuristic feel is perfect for digital natives who want the privacy of a hotel...
News BlackRock Real Assets has acquired a pan-European hostel portfolio as part of a 100 million euro joint-venture with Amistat International, a market-leading hostel operator. The off-market acquisition comprises a seed portfolio of Amsitat’s three assets,...
News Ireland’s leading hostel network and group travel organiser, Celtic Group Hostels (CGH), celebrated 25 years in business on 16 May 2019. Managing Director, Nicola Foley, says, “Our company started back in 1994 when the hostel industry was in its infancy....
News By: Kelsey Fenerty, STRFinding the precarious balance between driving occupancy and driving rate can be a hostelier’s white whale. Not infrequently, markets will drop rate to drive bed sales. Edinburgh has taken a different approach: the market has increased rate...
