LATEST NEWS

Accor Maintains 2026 Profit Targets Despite Oil-Price Impact, Activates Profit Protection Plan in Middle East

💸 Accor assured investors that despite the 2026 oil-price fallout from the Iran war, its profit targets remain intact. Shares slightly dipped. CFO Martine Gerow highlighted rate pressures only in the UAE. Accor activated a "profit protection plan" in March, with half of the measures aimed at Middle Eastern markets. The strategy includes cost constraints and redirecting development to growth markets like India, with 46 signings and memorandums.

Innovation

Research Shows 80% of Hospitality Professionals Face Operational Stress Due to Disconnected Systems and Data Issues

💻 LONDON, 23 April 2026 – In the hospitality industry, tech challenges burden 80% of professionals with operational stress. Operators manage up to 10 systems, but even those with 1-3 face tech issues like incorrect rates and failed syncs. 42% spend 1-3 hours weekly fixing issues, and 5% spend over 7 hours. 70% say success demands both service and tech skills, though 25% lack dedicated system oversight. The "Hospitality Engineer" mindset, blending service and tech expertise, is crucial.

Mergers & Acquisitions

Hotel Operations


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