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2019’s no.1 restaurant in the world Mirazur comes to Sydney

Hospitality Magazine

Mirazur, located in Menton, France, was named the number one restaurant in 2019 by The World’s 50 Best in 2019, marking the first time a restaurant from the country secured the top honour. The post 2019’s no.1 I have plenty of messages with this work,” he said. “I think something changed this year.

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Merivale to pay $19.25 million to former staff

Hospitality Magazine

The settlement comes off the back of a class action lawsuit that employment law firm Adero launched on behalf of Merivale’s workforce in December 2019. The claims relate to a period between December 2013 and December 2019, and 2,895 people were registered to partake in the settlement.

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Has hospitality recovered in the post-Covid world?

eHotelier

Insights - Insights We revisit a 2019 Covid report to see which forecasts were accurate and how they are still impacting the global hospitality industry. Has hospitality recovered in the post-Covid world?

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UK hotel investments to return to 2019 levels, Savills finds

Hotel Owner

Year-end volumes of the UK’s hotel investment transactions are forecast to reach £5bn, bringing activity back in line with 2019 levels, according to Savills. We anticipate full year 2024 figures to surpass £5bn, bringing activity back in line with 2019 levels. ”

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Hotels continue to recover in 2023 as industry begins new era of operations

eHotelier

The hotel industry in 2023 is projected to surpass pre-pandemic levels of demand, nominal room revenue and state and local tax revenue, while inching closer to other key 2019 performance metrics, according to the American Hotel & Lodging Association’s 2023 State of the Hotel Industry Report.

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Sydney WorldPride 2023 pushed hotel performance to pre-pandemic levels

eHotelier

Sydney WorldPride 2023 drove the market’s hotel average daily rate (ADR) and revenue per available room (RevPAR) above pre-pandemic levels, while occupancy remained slightly below 2019, according to preliminary data from STR.

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Boutique Hotel Report shows strong US RevPAR recovery

Boutique Hotel News

Whilst occupancy levels have not fully returned to 2019 levels, strong rate increases compared to the previous year have enabled most class groups to achieve RevPAR recovery. The independent boutique luxury class has achieved a $40 premium in RevPAR in 2022 compared to 2019. Commentary on RevPAR recovery to 2019 by class.