In May the World Health Organisation defined burnout as an “occupational phenomenon” rather than a medical condition, resulting from “chronic workplace stress that has not been successfully managed”. This article says that definition of burnout is prevalent in the 24/7 hospitality industry, as there’s no “lights off” at a hotel, for either front and back …

This article on the Chart Attack website describes the top five reasons for choosing a serviced apartment when travelling for business or leisure, whether solo, as a couple, with friends or family, which the author sees as the cost-effectiveness compared with booking separate hotel rooms; amenities such as fast Wi-Fi, kitchens and your own laundry …

Airbnb has announced that Chief Operating Officer Belinda Johnson, described as the first executive co-founder Brian Chesky ever hired, will leave her post in March 2020 ahead of the company’s expected direct listing or IPO. She has cited personal reasons, and will take a seat on the Airbnb board of directors. Airbnb posted a $100 …

Businesses sending staff on overseas trips will spend the largest part of their budget on flights, followed by accommodation. This article describes serviced apartments as affordable and suitable alternatives to hotels, listing the benefits for both businesses and travellers as: cost – usually offering more for less outlay, with nightly rates reducing on longer trips, …

OYO Hotels and Homes has appointed Betsy Atkins, CEO and founder of Baja Corporation, as an independent Board Director, joining representatives from Goldman Sachs, SoftBank Vision Fund, Lightspeed India  and Sequoia Capital India. As an independent member she will play a supervisory role, providing guidance to the founder and the company’s management on “key business decisions”. This …

Investec published research in 2019 showing that over 90% of investors think ‘blended living’ schemes combining buy-to-rent, student accommodation, co-living, retirement living and serviced apartments will become commonplace over the next five years. This article in Property Week outlines the thoughts of several real estate experts exploring in a round table discussion what makes a …

Airbnb is likely to debut on the public markets through a non-traditional direct listing, and this article in Forbes considers whether it will follow Spotify and Slack into this kind of listing where current shareholders can trade their shares, but new shares aren’t issued, cutting out middlemen such as investment banks or underwriters. The company …

EasyJet is looking to offset falling profits by moving into the package holiday market, saying it was already eyeing this field even before the demise of Thomas Cook. It describes its new offering promises as more “modern, relevant and flexible”, and it is looking to increase the number of its 20 million customers currently booking …

This article in Skift discusses leveraging the combined power of data and smart technology including the internet of things, cloud computing, machine learning, and artificial intelligence to help reduce energy consumption, increase savings, and enable travel brands to be more inclusive. Companies referenced include Microsoft, which is achieving over 25% in energy savings per year …

Following its announcement that all of the 7 million rental listings on its platform will be verified over the next year, Airbnb has announced new guidelines for its Experiences programme, including more screening for risky experiences. All will be “100 percent verified”, and hosts of technically specialised experiences will need to provide proof of permits, …