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Hotel Brand Bloat: 'A Shakeout Is Coming' skift.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from skift.com Daily Mail and Mail on Sunday newspapers.
The struggling China economy and results from Glencore, Abrdn and hotels group IHG are in focus for London traders today. China’s imports fell 12.4% year-on-year in July, much worse than the 5% forecast amid the weakening of domestic demand. The trade figures put pressure on Glencore shares in the FTSE 100 index after the commodities giant reported lower half-year earnings. ....
Officials of She Has a Deal today announced the six finalist teams selected to advance to the final round of SHaDPitch 2022. The annual hotel investment pitch competition allows teams of early-career, women hospitality students to compete for the prize of $50,000 in hotel deal equity following the conclusion of a virtual, preliminary round of pitching. The goal of She Has a Deal is to increase the number of women hotel owners and developers, and the organization offers inspiration and education to channel the power of collaboration and mentorship. ....