hotelindustry
Bookings at hotels in Paris have seen a last-minute rebound following a fall in take-up in June and July as the French capital geared up for the Olympic Games which came to an end on 11 August. Hotel occupancy during the Games reached 84% in Paris, up about 10% on the same time last year and the recent increase in occupancy and bookings was helped by hotel owners offering discounts and incentives to tourists. Even though some visitors managed to cancel earlier bookings and rebook at discounted prices, rooms were still booked at double their normal prices on average. Some hotel owners sold non-...
Euronews (English)
Three months ago, 50-year-old Manuela Ferri was a physiotherapist living in the Italian city of Vicenza. Now, she is the manager of a remote mountain lodge in the country’s Trento region. Manuela and her husband have taken over the running of Rifugio Peller, swapping lives full of cars and chaos for clean air and staggering scenery. For Manuela, it is the dream of a lifetime, but it also comes with a lot of work and adjusting to a new way of life. Here’s what it’s like to spend a summer at a rifugio - a rustic mountain hotel with simple accommodation and a restaurant - 2,000 metres above sea l...
Euronews (English)
A 2023 study by the University of Technology, Sydney found green roofs when combined with solar panels, not only increased biodiversity and solar output by 107 per cent but also reduced temperatures by a significant 8°C. Green roofs are experiencing a resurgence in interest since a new study published in January 2024 demonstrated that adding volcanic ash to them stabilises temperatures, keeps weeds away, is resilient to extreme weather, drains water efficiently, and is low maintenance. According to the latest market research, in 2023, the North American green roof sector grew by more than 45 p...
Euronews (English)
Expecting a record-breaking summer, the hotel industry in Paris is becoming concerned as it experiences low occupancy rates ahead of the summer Olympic Games. With barely four weeks to go until the Olympic Games, observers say tourists seem to be turning their backs on the capital. Occupancy rates are down by almost 25% compared to previous years, according to some polls. For the Ze Hotel at the foot of Montmartre, June has been nothing like the previous months. The hotel is only half-full, compared with at least 80% in recent years. "I think the Olympic Games effect is counter-productive sinc...
Euronews (English)
Taylor Swift has taken the world by storm to become one of the most popular artists in the past few years. Commanding the loyalty of millions of fans, she joined the billion dollar club recently, with a net worth of about $1.1 billion (€1.01 billion) in April 2024. This wealth has mostly been gathered through her music catalogue, record sales, concert tour ticket sales and streaming deals. Swift is also one of the few artists who has made the most of her wealth through her main occupation as a singer and performer, rather than ancillary businesses such as fashion lines, beauty brands, restaura...
Euronews (English)
AHLA’s 2022 Midyear State of the Hotel Industry Forecasts 2022 Nominal Room Revenue, State & Local Taxes Will Exceed 2019 Levels The Hotel Industry’s Recovery ContinuesWASHINGTON (July 27, 2022) – Midway through 2022, the hotel industry continues to make strides toward recovery, with nominal hotel room revenue and state and local tax revenues projected to exceed 2019 levels by the end of this year, according to the American Hotel & Lodging Association (AHLA)’s 2022 Midyear State of the Hotel Industry Report. Q2 2022 hedge fund letters, conferences and more Hotel room revenue is projected to su...
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