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View MoreAfter two years of post-pandemic rebound, hotel operators are now facing a harder truth: revenues are still growing in some regions, but costs are rising faster—and profits are hitting a ceiling. In key European markets, labour cost increases of 4–6% year-on-year are outpacing revenue growth, eroding GOPPAR and putting pressure on operators to rethink what drives performance. Figure 1 Profit Recovery Stalls Across RegionsWhile gross profit per available room (GOPPAR) continues to grow in most regions, the pace of recovery has slowed notably. The Americas lead at $105.42, but Europe and APAC show clear signs of plateauing, with APAC lagging…
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View MoreIn 2025, the UK Chinese Opera Association marks its 10th anniversary, celebrating a decade of Chinese opera performance, education, and cultural…
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Apple sold its iPhone 16 devices last year with a promise that a new AI-powered version of Siri would soon be…
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Nintendo is raising the price of the original Switch “family of systems and products,” the company announced on Friday. Along with the…
[Streaming Again] Climbing aboard their mammoth recreational vehicle for a cross-country trip to the Rockies, the Munro family prepares for the adventure…
Each week, Globe and Mail staffers and readers share what they’re reading now, whether it’s a hot new release or an old…
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Mid-summer barbecue inspiration: Wood-grilled chef’s steak with jalapeño chimichurri | Canada Voices
There are many steaks beyond classic loin cuts, each with their own distinctive flavour and texture. Flatiron is an intensely beefy steak…
Image Credit Eye on Asia In Focus: Indonesia provides an overview of Indonesia’s tourism landscape and hotel market performance,…
L to R: Adina Verson, Irene Sofia Lucio, Audrey Corsa, Susannah Flood, Betsy Aidem, and Kristolyn Lloyd in Roundabout Theatre’s Liberation Off-Broadway. Photo by…
He may be used to swinging between skyscrapers as Spider-Man, but in a candid new interview, Tom Holland has revealed the surprisingly…
Not only the planet of love, Venus also allows us to understand how we align in all kinds of relationships and navigate…
Open this photo in gallery:B.C. film exhibitors, distributors and industry advocates say the province’s classification system is archaic and out of step…