5 things to know: 14 November 2019
5 things to know: 14 November 2019
14 NOVEMBER 2019 9:53 AM

From the desks of the Hotel News Now editorial staff:

  • Huazhu sees Deutsche buy as next step to maturation
  • Hyatt promises plastic-waste reduction
  • US budget gap sees deficit pass $1 trillion
  • Radisson Blu in Dublin to undergo €100m refurbish
  • Nutella hotel follows in Taco Bell footsteps

Huazhu see Deutsche buy as next step to maturation: In the company’s third-quarter earnings call, Huazhu Group executive chairman and CEO Ji Qi said he sees the agreement to buy Germany’s Deutsche Hospitality as the next stage in his company’s maturation, reports Hotel News Now’s Bryan Wroten.

Ji said Huazhu must strengthen its portfolio in the upscale and luxury segments to achieve its international growth goals. The firm’s Q3 figures showed net revenue increasing 10.4% year over year to $427 million, and average daily rate increasing 2.6% year over year to 245 Chinese yuan ($34.88), but revenue per available room decreasing 0.8% to 217 yuan ($30.90).

Hyatt promises plastic-waste reduction: Hyatt Hotels Corporation is the latest hotel company to announce sweeping changes aimed at reducing waste, particularly from single-use plastics. In a news release, the company announced a three-pronged plan to:

  • Replace small bottles of bathroom toiletries with “large-format bathroom amenities;”
  • Increase public water stations to encourage reusable water bottles; and
  • Use water carafes instead of water bottles in meetings and events.

“At Hyatt, our purpose—we care for people so they can be their best—guides all business decisions, including our global sustainability framework, which focuses on using resources responsibly and helping address today’s most pressing environmental issues,” President and CEO Mark Hoplamazian said in the release. “Plastic pollution is a global issue, and we hope our efforts will motivate guests, customers and, indeed, ourselves to think more critically about our use of plastic.”

All these changes are expected to be in place by June 2021.

U.S. budget gap sees deficit pass $1 trillion: The U.S. budget gap increased by 34% in October, the first month of the U.S. fiscal year, with the 12-month deficit now having gone past $1 trillion for the first time since February 2013, The Wall Street Journal reports.

The U.S. government reported a $134 billion budget deficit in the month and federal spending of approximately $380 billion, a year-over-year increase of 8% and a record for the month of October. The blame has been placed on spending on military, health care and Social Security.

Radisson Blu in Dublin to undergo €100m refurbish: Following calls this week for more hotel rooms to come into Dublin, Radisson Hotel Group answered announced the Radisson Blu Royal in Dublin will undergo a €100-million ($110 million) renovation, according to Irish hospitality website Food for Thought.

The makeover will add 84 rooms for a new total of 234, including a new presidential suite overlooking Dublin Castle, and the Dublin Royal Convention Centre for up to 800 persons.

Nutella hotel follows in Taco Bell footsteps: Following August’s pop-up Taco Bell hotel in Palm Springs, California, another well-known food brand is following suit, also in the Golden State. From 10 January to 12 January, The Hotella Nutella will accept guests in Napa Valley, according to magazine Food & Wine.

Fans of the chocolate-and-hazelnut-spread foodstuff, who to check in need to apply via a contest running through 8 December, can expect Nutella-jar-shaped pillows and Nutella print wallpaper and presumably finally get to understand what California wine goes with Nutella on toast.

Compiled by Terence Baker.

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