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Coaching Inn Group unveils plans for £10m capital investment in 2027

  • Lewis Catchpole
  • 26 October 2026
Operator names two senior managers to oversee property acquisitions and food development
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European tourism demand to surge 32% by 2036, Accor finds

  • Corina Duma
  • 26 October 2026
Inbound accommodation nights are expected to grow by 42% over the 10-year period
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Hotel Indigo London Kingston signed as IHG expands boutique reach

  • Olivia Watts
  • 26 October 2026
Westcombe Group marks first IHG partnership with seventh Hotel Indigo for Greater London
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HOSPA partners with Umbrella Training on hospitality career training

  • Cynera Rodricks
  • 26 October 2026
The partnership will connect hospitality professionals with apprenticeship, vocational learning and specialist development opportunities
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  • 0 min

The Belfry Hotel and Resort launches chef academy

  • Olivia Watts
  • 26 October 2026
Culinary director Robert Bates leads new programme to address sector skills shortages through four apprenticeship pathways
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Whittlebury Park junior chef named Northamptonshire chef of the year

  • Corina Duma
  • 26 October 2026
Ewan Weldon has worked at the resort’s three AA Rosette Murrays restaurant for four years
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Safestay eyes more property sales amid liquidity pressures

  • Cynera Rodricks
  • 26 October 2026
Hostel group warns of cash pressure despite cutting bank borrowings by £4.5m
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  • 3 min

The guest who lives closest to a vacation rental is the riskiest, while those traveling furthest are the safest, Truvi research finds

  • 10minhotel
  • 26 October 2026
New data from the Truvi STR Risk & Resilience Report 2026 shows that where a guest lives, when they book, and the property they choose can reveal more about booking…
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  • 6 min

If Love Will Tear Us Apart, Good Music Will Keep Us Together: Simone Puorto’s new book on Ian Curtis and Joy Division launches in Curtis’s hometown on 26 October

  • 10minhotel
  • 26 October 2026
A Cactus in a Dead Land uncovers the forgotten story of a German fan buried 17 gravestones from Ian Curtis. The author will launch it at Proper Sound with a…
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How growing hotel groups share finance across properties

  • 10minhotel.com
  • 25 October 2026
A group running 20 hotels, with five more opening next year, faces a familiar question: does each new property need its own finance team? The default answer is usually yes, if that is how the existing hotels were set up. That default is getting harder to justify. When a property-level finance role sits vacant, the income audit falls to whoever is covering it, and outside major cities those vacancies are slow to fill. The work itself has changed too: much of the role was keying, copying and chasing, and software now does that part. The largest chains answered this by building shared service centres, often as multi-year projects. There is a lighter option. When finance work runs in one digital workflow, a new hotel joins the existing team instead of needing one of its own, usually within weeks, because the group's interfaces and mapping already exist. What each new hotel adds to the finance workload Every new hotel adds to the daily workload: another income audit, with a pack to compile, check and sign off each morning another approval chain for invoices, credit notes and adjustments another set of documents to file, and to find again when auditors ask another finance role to recruit, train and cover during leave Run separately, each property also develops its own version of these. Group finance then struggles to compare hotels, or to confirm that yesterday's income audit at a given property was signed off. A cluster is a team, not a building A hotel finance cluster is a group of properties whose finance work, such as the income audit, accounts payable and accounts receivable, is handled by one shared team. The team can sit in one office or across the group's existing hotels, so a dedicated head office is optional. When several hotels operate in the same city, the team often works from one of them. Hilton Netherlands clustered finance for five hotels, including large properties like Hilton Amsterdam and Waldorf Astoria Amsterdam. On the income audit, one person now covers three or more properties. In the clusters we have set up, ratios like that depend on how standardised the income audit already is and how many revenue streams each property runs, so treat any one figure as a planning reference. Clustering does reduce the number of finance roles a portfolio needs, though much of that absorbs vacancies that were hard to fill anyway. Staff who move into cluster roles can usually keep working from where they live. Agree the process before you digitise it Most groups start with the income audit, the daily review that confirms the previous day's revenue was captured, posted and approved correctly. It is the simplest finance process to standardise and in many hotels the biggest daily inefficiency. The instinct is to digitise it as it stands, only faster. But making a bad process electronic does not improve the process. A siloed, time-consuming audit becomes a siloed, time-consuming audit with a login. In a cluster, five versions of
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