Hotel Industry News – Hotel News Resource
Travel-Destinations presents the latest hotel industry and travel business news from the Hotel News Resource.
- Best Practices for Hotel Management Company CROs Responding to COVID-19 - By Kaitlin Dunn, Writer, Hospitality Sales and Marketing Association International (HSMAI)
Best Practices for Hotel Management Company CROs Responding to COVID-19 - By Kaitlin Dunn, Writer, Hospitality Sales and Marketing Association International (HSMAI) - HSMAI hosted a Hotel Management Company (HMC) Chief Revenue Officer Virtual Roundtable on March 25 that focused on the impact that COVID-19 is having on hotel revenue optimization. In addition to discussing key indicators they are using to track how the hospitality industry is doing, HMC CRO participants shared their best practices, lessons learned, and ideas for preparing to accelerate as quickly as possible. - Condor Hospitality Trust Updates Actions Taken in Response to Changes in Economic and Industry Conditions Relating to COVID-19
Condor Hospitality Trust Updates Actions Taken in Response to Changes in Economic and Industry Conditions Relating to COVID-19 - Condor Hospitality Trust (NYSE American: CDOR today provided an update on measures taken to mitigate the impact on Condor and its hotels operations of recent changes in the general economic and industry conditions relating to COVID-19. Financial markets have been disrupted and there has been an industry-wide falling off of hotel occupancies. As a result, Condor is taking actions at the corporate and hotel levels. - American Hotel Income Properties REIT LP Provides Business Update Regarding Impact of COVID-19
American Hotel Income Properties REIT LP Provides Business Update Regarding Impact of COVID-19 - 60 of AHIP's 79 hotels are currently open for business, generating revenue and serving guests in compliance with government health guidelines - We Will Travel Again - An Update from Marriott International CEO Arne Sorenson
We Will Travel Again - An Update from Marriott International CEO Arne Sorenson - Our Continued Efforts: We Will Travel Again - #FirstResponders First Partners with Marriott International to Provide Free Accommodations to Healthcare Workers on the Frontlines of the COVID-19 Pandemic
#FirstResponders First Partners with Marriott International to Provide Free Accommodations to Healthcare Workers on the Frontlines of the COVID-19 Pandemic - As the COVID-19 pandemic continues to have devastating impact, #FirstRespondersFirst announced today a partnership with Marriott International to support frontline healthcare workers with essential protective equipment, accommodations, child care, food, mental health support and other essential resources. - Choice Hotels International Provides COVID-19 Business Update - March 8th
Choice Hotels International Provides COVID-19 Business Update - March 8th - In recent weeks, the company has adopted mitigation efforts to alleviate the impact of the COVID-19 pandemic on the business. These efforts include improving its cash position, bolstering liquidity and reducing discretionary costs. - Lack of Staff Commitment Threatens Future Profitability for Travel Companies
Lack of Staff Commitment Threatens Future Profitability for Travel Companies - Industry wide, travel companies are making staff adjustments to stay operational during this coronavirus-induced existential crisis, putting staff commitment under considerable strain, says GlobalData, a leading data and analytics company. - Travel & Tourism Sector Key in Economic Recovery in the Americas According to World Travel & Tourism Council
Travel & Tourism Sector Key in Economic Recovery in the Americas According to World Travel & Tourism Council - Travel & Tourism Accounts for 8.8% of Total Economy in the Region - Scandic Comments on Financial Performance for Q1 2020
Scandic Comments on Financial Performance for Q1 2020 - Given the current market situation, Scandic is providing an update on the company’s financial performance and the extensive cost-saving measures. - Melbourne Hotel Occupancy Drops 47 Percent During March
Melbourne Hotel Occupancy Drops 47 Percent During March - Sydney's hotels reported occupancy fell 47% in March to 46.2%, according to preliminary monthly data. ADR dropped 11.1% to 204.89 Australian dollars ($127.53) and RevPAR plummeted to 52.9% to AU$94.56 ($58.86). - Abu Dhabi Hotels Show Significant Year-over-year Declines for March
Abu Dhabi Hotels Show Significant Year-over-year Declines for March - Hotels in Abu Dhabi, United Arab Emirates, reported occupancy fell 32.9% to 55.1% in March, according to preliminary monthly data. ADR decreased 32.6% to 333.92 Emirati dirhams ($90.92) and RevPAR fell 54.7% to 183.86 dirhams ($50.06). - AHLA Supports Plan to Add Funds for Small Business Loans, Seeks Additional Action to Protect Hotel Jobs
AHLA Supports Plan to Add Funds for Small Business Loans, Seeks Additional Action to Protect Hotel Jobs - dditional Funding, Further Action Needed to Save Millions of Jobs, Thousands of Small Business Hotels
Hospitality – Lodging & Travel Industry News
Travel-Destinations presents the latest hospitality and travel news from the BBC.
- The couples meeting at closed borders
The couples meeting at closed borders - During lockdowns, separated couples are finding new ways to connect - The cultural history of the balcony
The cultural history of the balcony - As coronavirus spreads, the world is rediscovering the importance of balconies - How boredom can inspire adventure
How boredom can inspire adventure - For adventurers stuck at home, now’s the time to dream big - Turkey’s unique hand-sanitising method
Turkey’s unique hand-sanitising method - How Turkey’s symbol of hospitality became a powerful antiseptic - A holy town’s newest ‘miracle’
A holy town’s newest ‘miracle’ - Bethlehem is seeing a renaissance of Palestinian culture and coolness - Which countries will recover first?
Which countries will recover first? - Five nations likely to maintain stability through the Covid-19 crisis - Why San Francisco does sourdough best
Why San Francisco does sourdough best - One of the world’s oldest bread types is making a comeback - How to dine ‘out’ during Covid-19
How to dine ‘out’ during Covid-19 - Current challenges are bringing people closer together through food - The law saving lives as Covid-19 surges
The law saving lives as Covid-19 surges - As Covid-19 cases rise in Pakistan, a Muslim law is saving those in need - Can we travel without travelling?
Can we travel without travelling? - Gaming producers of all kinds are looking at fresh ways to immerse us