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.
Leon hits £1m target to fund thousands of hot meals a day for NHS staff
Leon has reached its £1m target to fund thousands of hot meals a day for key hospital employees.
Booking.com Announces Winners of its Technology Playmaker Awards 2020
Amsterdam, the Netherlands – Booking.com, one of the world’s largest online travel companies and a digital technology leader, announced the winners of its Technology Playmaker Awards 2020, an initiative launched in 2017 to recognize the achievements…
COVID-19: An update from Kurt Ekert, President & CEO CWT
As we continue to navigate the uncharted waters of this crisis, affecting families, business communities, and indeed the very fabric of our society, I am awed by the selfless dedication of so many people to help others less fortunate during this dif…
Hotel Real Estate in a Turbulent Macro-Economic Environment
Would you invest your money and time in a hotel project? Once more, the world is hit by a crisis, a pandemic this time, which affects all world economies. Many industries are suffering in particular the hotel industry. What is the problem of hotels …
The Impact of COVID-19 on Hotel Values
The COVID-19 pandemic and the related restrictions on travel, business activity, and individual movement are having an unprecedented impact on our industry and economy. Hotel owners, operators, lenders, and investors are all facing greater challenge…