The hotel industry right now is facing an unprecedented challenge. Perhaps now more than ever, hoteliers must focus on the fundamentals: maintaining communication channels, building trust, and strategizing for when demand starts to pick up again. It…
Marriott International Announces New $1.5 Billion 364-day Revolving Credit Facility Commitment
On April 13, 2020, Marriott International, Inc. (“Marriott” or “the company”) entered into a commitment letter (the “Commitment Letter”) providing for a 364-day senior unsecured revolving credit facility in an aggregate principal amount of $1.5 bill…
Vizergy’s Partnership with Leading Hospitality Branding Agency B&Co. Continues to Grow – Positioning Clients for Success
Today, Vizergy Digital Marketing announced a series of successful collaborations with leading hospitality branding agency B&Co. The marriage of Vizergy’s best in class digital marketing platform and web development team with the branding visionaries…
Makeready Ensures Rapid Company Expansion With Adoption of ProfitSword Data Management Solutions
DALLAS – ProfitSword, hospitality’s premier developer of business intelligence and data integration software, has been selected by Makeready to maximize its potential in rapidly acquiring new properties and ensuring that they are seamlessly incorpor…
Hotel Marketing and Revenue Management in the Time of Pandemic
As I write my first article during a global pandemic, my title inspiration comes from the Columbian literary superstar, Gabriel García Márquez. COVID-19 has rapidly decimated the industry I have worked in for over 20 years. There have been hardships…
How Each Hotel Department Can Start Preparing for A “New Normal” Re-opening
I think it is safe to say that most hotel people know that no one is going to pull a switch and everything will be back to pre-February 2020. The re-opening of hotels will likely be gradual, done by risk assessment, and it will probably include many…
TrustYou Provides Outlook for Global Hotel Industry with Release of Global and Regional Review Insights Reports
Note to editors: To view the reports and to source visuals, please use this direct link: Review Insights Report. For publishing purposes, please use the gated link in the press release. Thank you. Munich, 14 April 2020 – TrustYou, the world’s larges…
UK’s economic recovery will be powered by Travel & Tourism sector says WTTC
London, UK – A major new report has revealed Travel & Tourism’s crucial contribution to help kick-start, the UK’s economic recovery once the COVID-19 pandemic has been successfully combatted. The publication by the World Travel & Tourism Council (WT…
EU Travel & Tourism sector will be critical to the EU’s economic recovery, says WTTC
London, UK – A major new report has revealed Travel & Tourism’s crucial contribution to help re-energize the EU’s economic recovery once the COVID-19 pandemic has been successfully combatted. The publication by the World Travel & Tourism Council (WT…
Dorset-based Beales Gourmet falls into administration
Dorset-based events caterer Beales Gourmet has fallen into administration as a “direct result” of the coronavirus outbreak.