Tag #Hotel Industry

Showing 13 to 16 of 16 results

lefigaro.fr
🌐 85% Global Worthiness
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Accor to Divest from AccorInvest for €800-€1 Billion

Accor will sell its 30% stake in AccorInvest, its European hotel subsidiary, within 18 months for €800 million to €1 billion, following AccorInvest's financial recovery after significant restructuring and asset sales; this resulted in record 2024 results of €4 billion in revenue, €656 million in EBI...

Progress

40% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 75% Global Worthiness
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Madrid Hotels: Soaring Profits Amid Stagnant Worker Salaries

Madrid's hotel industry shows a stark contrast between booming profits—with revenues tripling and prices increasing by 61.5% since 2021—and stagnant worker salaries, which only saw a 10% rise, prompting crucial wage negotiations affecting 16,000 employees and potentially influencing other Spanish re...

Progress

56% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 75% Global Worthiness
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Stoneweg Completes €450 Million Spanish Hotel Investment Phase

Stoneweg's hospitality division has invested €450 million in seven Spanish hotels, culminating in the €87 million renovation and opening of the Kimpton Los Monteros in Marbella, aiming to attract diverse clientele and enhance profitability.

Progress

48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 45% Global Worthiness
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Hotel Chains Accused of Misleading 'Bait Pricing'

Major hotel chains in the UK are accused of using deceptive advertising tactics to promote cheap rooms that are rarely available, leading to consumer frustration and calls for increased regulatory oversight.

Progress

44% Bias Score

Responsible Consumption and Production

Showing 13 to 16 of 16 results