All eyes are on the spreading coronvirus, COVID-19. Here you can follow the development and the impact of the coronavirus on the Hospitality Industry. Visit the WHO | World Health Organization for more information about the virus.
In these undeniably challenging times, hotels look to do more with less. The pandemic transformed ways of working across many industries, and digitisation or "digital transformation" is often advocated as the way forward to help hospitality weather the storm and become stronger in the long-term.
More meeting and event professionals have been looking to plan hybrid virtual/in-person meetings and events as the meeting industry adapts to new ways of connecting during the global pandemic. However, meeting and event professionals often require additional information about technology, health protocols, and logistics available to them.
U.S. weekly hotel occupancy reached its highest level since late October, according to STR's latest data through 20 February. 14-20 February 2021 (percentage change from comparable week in 2020):
It seems like just yesterday we were talking about how to adjust your method of communications to better appeal to millennial guests. Now that the first of this cohort is about to turn 40, it's time .
Tripadvisor®, the world's largest travel guidance platform, today announced the arrival of a live data intelligence dashboard available to destination marketing organizations (DMOs), powered by Tourism Sentiment Index.
The shared values and close ties between tourism and culture stakeholders means both sectors can work together to ensure inclusive access to heritage, as countries around the world recover from the pandemic.
Accor's Deputy CEO & CFO, Jean-Jacques Morin, provides highlights in 2 minutes of Accor's 2020 fina.
As more companies switch to remote work as a result of the pandemic, InterContinental Hotels Group .
The International Air Transport Association (IATA) released new analysis showing that the airline industry is expected to remain cash negative throughout 2021. Previous analysis (November 2020) indicated that airlines would turn cash positive in the fourth quarter of 2021.
Despite both revenue and bookings dropping more sharply in Q4 of 2020 than in the prior quarter, Booking Holdings president and CEO Glenn Fogel focused on the positive to open his call sharing the results with analysts.Noting that 2020 brought the "biggest disruption to modern global travel the world has ever seen," Fogel continues: "However, travelers still booked 355 million room nights through our platforms during 2020, and we remained profitable by generating approximately $880 million in adjusted EBITDA.