Author: Admin

The coronavirus pandemic’s impact on travel is thought to be six or seven times greater than the 9/11 attacks, according to the U.S. Travel Association. Air travel volume fell precipitously through March. The estimated revenue losses by air carriers…

The restrictions imposed by the COVID-19 pandemic have severely hit the hospitality industry worldwide. In Paris, a small proportion of all hotels currently remain in operation, and the occupancy levels for these opened hotels is currently in single…

The number of deals announced in the global travel and tourism sector grew by 22.7% during the week ended May 10, 2020 compared to the previous week, according to GlobalData’s deals database. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Th…

New York, New York – Preferred Hotels & Resorts has welcomed 26 new member hotels across 14 destinations in the past four months, from January 1 and April 30, 2020, with the new additions ranging from the iconic Biltmore Hotel in Coral Gables, Flori…

Health and safety will have a profound influence on the traveler psyche and is consequently what travelers will look for when booking a hotel. To sum up the importance of this dynamic, let’s look at it this way. The marketing strategy for pre-COVID-…

With the hospitality industry left spinning in the wake of the COVID-19 lockdowns, it is hardly the time to throw in the towel. Rather, and not to soften the severity of the crisis in any way or form, this is an opportunity to realign your hotel org…

COVID-19 has made breaking-even more tolerable than the alternative—going broke. It’s not the hand hoteliers wanted, but it’s the hand they’ve been dealt, forcing them to approximate at what occupancy rate they can operate their hotel such that cost…

LOS ANGELES – Oakwood®, a wholly-owned subsidiary of Mapletree Investments (“Mapletree”), announced today it will direct its focus to singularly pursue the development and growth of its hospitality portfolio, significantly expanding its proven capab…