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…
Hospitality Financial Leadership – Balance Sheet: Financially, Nothing Else Matters
Over the years I have seen a lot of messes in my career. Not only the ones that catch your eye because of the clutter and disorganization you see in the back spaces of your hotel but I’m talking about a mess on the balance sheet. There are two main …
Revolution Bars ‘grateful’ for stakeholder support but action needed to protect sector’s 3.2 million jobs
Revolution Bars has said it is “grateful” for the support of suppliers, employees and some landlords who have helped to bring it closer to being “well-positioned to emerge from this crisis”.