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Lamington Group releases ESG report

Serviced Apartments

Lamington Group focuses on three main aspects when addressing sustainability within the company: net zero, circularity, and health and wellbeing. In summary, Scope 1 and 2 emissions decreased by 21 per cent compared to the 2019 baseline. The report features progress made in 2022 across these three topics.

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Highgate releases first ESG report

Hotel Owner

Comparing 2021 to 2019, Highgate reduced its total GHG emissions by 21.8% Highgate CEO Arash Azarbarzin said: “We all share an urgent responsibility to reduce our impact on climate change, and this is especially true for the hospitality industry. and has cut energy use by more than 170,000 megawatt hours (MWh).

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MRM Research Roundup: Mid-December 2019 Edition

Modern Restaurant Management

While restaurant sales were lower for November of 2018, November of 2019 did not include the same holiday headwinds. Net growth in number of chain restaurant locations was 1.6 Second, the shift of Thanksgiving into December of 2019 converts from tailwind to headwind this month. While gift cards account for 6.3

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Hyatt sees 43% YOY RevPAR growth in Q1

Hotel Business

Hyatt Hotels Corporation , for the first quarter ended March 31, reported comparable systemwide RevPAR was up 43% compared to the first quarter of 2022, or up 6% compared to the first quarter of 2019 for the same set of comparable properties. Comparable All-inclusive Net Package RevPAR increased 33.2% in the first quarter of 2023.

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Surviving Disruption: How New COVID-19 Legislation Can Assist the Restaurant Industry

Modern Restaurant Management

times the average monthly payroll costs during a specific period (calendar year 2019 for most). $10 Eligibility measures are calculated each calendar quarter, and once the employer's gross receipts exceed 80 percent of a comparable quarter in 2019, the employer, at the end of that quarter, would no longer qualify for the credit.

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The European travel accommodation sector transformed. What’s next?

Hospitality Net

Before the pandemic, WTTC calculated that the tourism sector was responsible for 1 in 5 new jobs and accounted for roughly 10% of global GDP and an equal share of employment. trillion in 2019. International tourism as an export service amounted to staggering $1.9

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Master’s student portrait: Jeanne Schlaefli dives into finance

Hospitality Net

After graduating from EHL in 2019, Jeanne went on to do a second bachelor’s and then a Master of Arts in Accounting and Corporate Finance, both at the University of St. Here’s a taster of the latest episode with Jeanne Schlaefli. Gallen (HSG). She is now a senior consultant at EY Switzerland.