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🏠 On November 5 and 7, French Senate and National Assembly unanimously and broadly voted on a law proposal, concluding a near two-year legislative process aimed at regulating short-term tourist accommodations. The law provides tools for communities to protect housing, eliminates fiscal loopholes favoring property conversion into tourist investments, and empowers condominiums to restrict short-term rentals, reflecting eight years of advocacy by the Association for a Professional Tourism (AToP).

💸 The article discusses the evolving practice of revenue management, emphasizing its growing importance and potential. Specializations such as pricing, data analysis, and strategic data usage are highlighted. Current training offerings are deemed insufficient to cover revenue management comprehensively, suggesting the need for a dedicated program. The author sees an opportunity for an educational institution to develop a two-year master-level course, moving beyond the existing mono-sectorial approaches to provide a robust foundation followed by sector-specific specialization.

🍳 Organized by MKG Consulting and EquipHotel, Brain Trust Foodservice workshop brought together hospitality and catering experts to discuss challenges and cost management solutions. Notables like Serge Trigano, former CEO of Club Med, Olivia de Rohan Chabot, Brand Director at Orso Hôtels, and Alban Ruggiero, founder of JOST and MELT, shared insights. Serge Trigano emphasized strict cost management as key to profitability, highlighting the constant struggle and importance of training staff on cost control for maintaining margins.

🏠 Organized by MKG Consulting and EquipHotel, the Brain Trust Wellness workshop gathered well-being and spa industry experts. Stéphane Reumont, director of Spa Guerlain at Beau-Rivage Palace in Lausanne, Régis Boudon-Doris, co-founder of bbspa_Group, and Louis de Vilmorin, co-founder of Wellways, discussed best practices and strategies to make spas a key revenue generator and an essential part of the hotel guest experience. Reumont emphasized a strategic approach, strict cost and human resource management, and the evolution of Spa Guerlain since 2006 from an industry perceived as a gadget to a business center with performance indicators and KPIs.

🏥 On November 7, 2024, a significant partnership was signed between the MEFTA's Minister Koffi N’Guessan and Accor Group, aiming to train 400 youths annually in hospitality and related sectors in Marcory, Abidjan. The initiative will enhance practical skills in key economic areas, focusing on students and educators from professional high schools in Riviera, Yamoussoukro, and Mohamed VI. Accor, with eight hotels in Ivory Coast, seeks to expand its local talent pool through this collaboration.

🏨 SCPI Novaxia NEO, managed by Novaxia Investissement, acquires a 103-room hotel in Dresden, Germany, covering 5,762 m², with a gross yield of 7.61% and a 15-year lease. The Amedia Hotel, a 3-star establishment near Dresden's central station, features a restaurant, bar, wellness area, and meeting rooms. The hotel, renovated recently, operates in a dynamic market with over a million national arrivals yearly. Managed by HR Group, a major multi-brand hotel operator in Europe, the hotel was purchased for €8.472 million, offering investors advantageous German tax benefits and aiming for a distribution rate above 6% for the fifth consecutive year.

📈 Naboo, founded in 2022, records a 300% growth and acquires BizMeeting from Joy group, targeting BtoB event sector leadership in Europe. Serving over half of CAC 40 companies, Naboo combines technology with human concierge, centralized event booking inspired by e-commerce, and boasts clients like Thales and Société Générale. After ditching front office AI, the platform maintains 20% monthly growth, recruiting 50 staff and achieving €3M monthly bookings following a €7.5M funding round in February 2024. Naboo has expanded to Switzerland, Belgium, UK, partners with 50,000 venues, and is on track for €60M annual business volume.

🏖️ Le Parlement a adopté une loi pour renforcer la régulation des meublés de tourisme. La Confédération des Acteurs du Tourisme (CAT) et ADN Tourisme ont salué la législation qui instaure un enregistrement national et une boîte à outils pour élus locaux, visant à simplifier les procédures et offrir une sécurité juridique. Elle inclut aussi une dimension fiscale avec des mesures dissuasives contre les investissements spéculatifs et des incitations pour le classement des hébergements. La promulgation est attendue prochainement, donnant aux élus des moyens d'adapter la régulation aux spécificités locales.

🏖 Frédéric Savoyen, a self-taught entrepreneur, launched Nosylis, France's first luxury travel producer and distributor, which was impacted by the 2008 economic crisis. In 2018, he founded Elux Groupe, comprising Eluxtravel, Eluxfrance, and Eluxevent. Eluxtravel will open its flagship at 57 boulevard Haussmann, Paris, by the end of summer, designed by Hubert de Malherbe, aiming to revolutionize traditional travel agencies.

🍴 Vasano and Strateg'eat partner to analyze restaurant market trends, offering an innovative data and analysis solution to foodservice brands. They aim to address challenges in a sector facing economic instability, increased competition, and consumer demands for brand differentiation and strong values. The collaboration seeks to help foodservice brands navigate price increases, internal transformations, and market segment disparities with powerful monitoring tools and detailed issue analysis.