UK airport hotels could find themselves in a precarious financial position due to less demand for travel and the end of the furlough scheme.
Travel & Tourism
Hyatt's acquisition of the Apple Leisure Group will allow the company to further enhance its position in the hospitality market.
Destinations globally have mainly focused on attracting more visitors without properly planning tourism flows leading to site degradation and overtourism.
Luxury travel is set to be one of the markets that recovers first, which can benefit the launch of the new luxury brand along with the rebranding of independent hotels.