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...
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...
Yes, we’ve made it!After first launching in Hossegor in 2017, JO&JOE opened its doors on April 6, 2019 just a stone’s throw from the Cité Internationale Universitaire, in the south of Paris.Only 2 minutes from the RER B line, 20 minutes from the Arc de Triomphe...
Selina has raised $100 million in fresh financing, the Tel Aviv-based blended hospitality startup said Wednesday. Access Industries led the Series C round. Grupo Wiese and existing investors Colony Latam Partners also participated. Selina runs a network of 46...
News By: Kelsey Fenerty LONDON – The accommodations sector is highly seasonal, with school breaks, holidays and weather dictating youth and family travel. London’s hostel industry is no different. But viewing performance seasonally can reveal holistic trends in the...
The company intends to use the investment to open new locations near the Dead Sea, the Israeli resort town of Eilat, and additional locations in Jerusalem Bridges Israel, an independent affiliate of London-based Bridges Fund Management Ltd., has invested NIS 25...
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