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.
Prices of hotels along the east coast continue to drop, although the rate of decline has moderated. Hotels on the west coast enjoyed positive price momentum, both on a quarter-over-quarter or year-over-year basis.
Preferred Hotels & Resorts, the world's largest independent hotel brand, has unveiled a new benefit for valued members of its I Prefer Hotel Rewards program with the introduction of I Prefer Auction s - a limited-time bidding initiative that provides an exciting, fresh way to use points earned during past travels to purchase future one-of-a-kind hotel experiences.
HVS and The Lodging Conference hosted a webinar on January 14, 2021, that provided insights on what lies ahead for the hospitality industry in 2021. A truly distinguished group of hospitality executives shared their perspectives on the changing hotel landscape, along with their thoughts on navigating this unprecedented time.
In Spring 2020, many hotels were forced to furlough most on-property Sales Managers because so much demand for hotels disappeared with the pandemic, requiring any remaining team members to be responsible for market segments which previously were not their responsibility.
There's some good news and optimism from global marketing leaders looking for growth recovery in 2021. Nearly two-thirds of those surveyed by the CMO Council say they will boost marketing spend in th.
Seventy-three percent of chief marketing officers (CMOs) report they will rely on existing customers to fuel growth in 2021, rather than looking to develop new markets, according to Gartner, Inc. The.
Americans are hitting the road again. But they're not traveling to Chicago on business or to Las Vegas and Disney World for vacations. They're going in search of vaccines.
The American Hotel & Lodging Association (AHLA) today released "AHLA's State of the Hotel Industry 2021" outlining the forecasted state of the hotel industry in 2021 and into the immediate future. Th.
Some businesses have actually thrived and grown during the pandemic. That is obviously not the norm. If you sell laptops, the pandemic has been very good for you. If you sell webcams, then there has never been a better time to be you.
The Global Tourism Crisis Committee has met for the first time in 2021. Organized by the World Tourism Organization (UNWTO), the cross-sector body met in Madrid during the 113th session of the UNWTO Executive Council to advance solid plans to restart tourism.