Sector Pulse
Curated news from the HoReCa industry.
With the opening of the "Xankandi" hotel, tourism infrastructure in Karabakh is strengthened.
President Ilham Aliyev attended the opening ceremony of the newly built "Xankendi" hotel in the city of Xankendi. This hotel is one of the steps taken towards reviving the tourism potential in the territories liberated from occupation.
With the opening of the "Xankandi" hotel, tourism infrastructure in Karabakh is strengthened.
President Ilham Aliyev attended the opening ceremony of the newly built "Xankendi" hotel in the city of Xankendi. This hotel is one of the steps taken towards reviving the tourism potential in the territories liberated from occupation.
Last minute sales in Antalya are picking up, but hotels remain empty despite the discount.
Although hotels in Turkey's Antalya region have seen an increase in last-minute sales as the season draws to a close, despite discounts of up to 50% on prices, the occupancy rate has not reached the expected level.
Restoration of Yasaman Hotel in Shusha: President Ilham Aliyev visited new buildings
President Ilham Aliyev inspected the newly restored buildings of **Yasaman Hotel** in Shusha on July 11. The project was implemented by the Heydar Aliyev Foundation.
Opening of Khankendi Hotel: 45 new jobs
President Ilham Aliyev participated in the presentation ceremony of the newly opened "Xankendi" hotel in Khankendi city on July 11. The four-story hotel started operating with a staff of 45 people.
Subway franchisee MTF Enterprises filed for bankruptcy protection
One of the largest **Subway** franchise operators in the US, **MTF Enterprises**, has filed for bankruptcy protection due to high-interest "commercial cash advance" loans. Burdened by a debt load with an annual financial cost exceeding 40 percent, the company initially closed six of its restaurants, with more closures expected.
OPEC Fund gave its first local currency loan in Azerbaijan.
The OPEC Fund announced a new financial initiative (V2V) for climate-vulnerable countries and a $1.5 billion Digital Transformation Action Plan at the 2026 Development Forum held in Vienna in June.
ADY Baku-Tbilisi train route cooperation potential with tourism companies
Passenger train services between Baku and Tbilisi resumed this May after a six-year break. **ADY** (Azerbaijan Railways) relaunched the route, and it was met with great interest from passengers.
Saudi Arabia opened a portal for foreign real estate ownership
The Real Estate General Authority (REGA) of Saudi Arabia has launched the "Saudi Properties" portal. The portal provides a formal digital channel for foreigners to purchase property in the country under the Foreign Real Estate Ownership Law, which comes into force in January 2026. Applications are fully electronic.
Yoga at Kızılkule: A new experience model for hotels
ANJELIK Downtown Boutique Hotel organized a yoga event at the historic Kizilkule tower on the occasion of World Yoga Day. The event provided guests with a unique morning experience combining history, sea view, and relaxation.
Airplane hotel: A unique room inside the forest in Costa Rica
In the Manuel Antonio region of Costa Rica, **Hotel Costa Verde** carried an unusable passenger plane into the forest and turned it into a unique living space. The interior of the plane is fully equipped, offering guests a different experience immersed in nature.
Lankaran Springs Wellness Resort supported the "YASAT" camp.
The first week of the 5th YASAT camp, co-organized by the YASAT Foundation and the ASAN Volunteers Organization, has concluded. The camp was partnered by **TABIA Group** and **Lankaran Springs Wellness Resort** hotel.
RCB's 1.78 billion dollar strategy: Lessons for HoReCa
Royal Challengers Bengaluru's CEO Rajesh Menon explains the team's consecutive championships and its valuation of 1.78 billion dollars after 18 years of failure through a complete restructuring of office operations. He states that structure comes from talent, brand from marketing, culture from results, community from monet