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Barrows Hotel Enterprises Starts Offering Commercial Asset-based Financing to Hotels

Barrows Hotel Enterprises Starts Offering Commercial Asset-based Financing to Hotels

DUBAI, United Arab Emirates, Nov. 19 (Korea Bizwire) – Barrows, the provider of hotel investment and advisory services for hotels in the Middle East and Africa, starts offering commercial asset-based financing to distressed hotels. Many hotels have start-up problems as a result of the global pandemic, which has left many hotels with a weak cash flow [...]

Large Hotels Fully Booked for Year-end Parties amid Shift to ‘Living with COVID-19’

Large Hotels Fully Booked for Year-end Parties amid Shift to ‘Living with COVID-19’

SEOUL, Nov. 4 (Korea Bizwire) — With South Korea switching to a phase of ‘living with COVID-19’ and easing pandemic curbs, large hotels are responding quickly by increasing the number of seats available at their buffet restaurants. Lotte Hotel Seoul plans to operate 230 out of 300 seats at its buffet restaurant La Seine during [...]

Lodging Businesses Compete to Meet Demand for ‘Pet-cations’

Lodging Businesses Compete to Meet Demand for ‘Pet-cations’

SEOUL, Sept. 23 (Korea Bizwire) — Tourism and accommodation businesses are locked in fierce competition for customers by introducing new facilities and package deals. They are also introducing so-called ‘pet-cation’ packages that allow guests to bring pets to five-star hotels and resorts. Sono Hotels & Resorts currently runs a pet hotel at Vivaldi Park ski [...]

Single-use Amenities Banned from Next Year, Stoking Concerns Among Hotels

Single-use Amenities Banned from Next Year, Stoking Concerns Among Hotels

SEOUL, April 1 (Korea Bizwire) — As part of efforts to regulate the use of one-off disposable items, the South Korean government has decided to ban all accommodations with more than 50 rooms from providing single-use amenities, effective from next year. Against this backdrop, the nation’s hotel industry is speeding up efforts to prepare for [...]