25.4% DECLINE IN REVPAR SUSTAINED PORTFOLIO ORGANIC GROWTH, WITH 8,000 ROOMS OPENED SOLID FINANCIALS AND AMPLE LIQUIDITY Sébastien Bazin, Chairman and Chief Executive Officer of Accor, said:”The world is facing an unprecedented health crisis that is…
Only The G20 Can Drive Forward A Coordinated Recovery Response To The COVID-19 Crisis Says WTTC
London, UK – The World Travel & Tourism Council (WTTC) calls upon G20 tourism ministers to lead a united and coordinated recovery for the Travel & Tourism sector out of the COVID-19 crisis. WTTC, which represents the global Travel & Tourism private …
ProfitSword Launches Enhanced Support and Best Practices Assistance to Guide Hoteliers With Effective Business Intelligence During Ongoing Market Crisis
ORLANDO, Fla. – (April 23, 2020) – ProfitSword, hospitality’s premier developer of business intelligence and data integration software, has announced the launch of a range of enhanced support services for customers in order to provide them with the …
Xenia Hotels & Resorts Announces Departure of Chief Investment Officer
ORLANDO, Fla. – Xenia Hotels & Resorts, Inc. (NYSE: XHR) (“Xenia” or the “Company”) today announced that, due to the severe downturn in lodging demand resulting from the COVID-19 pandemic, the Company has further streamlined its operations and reduc…
A Post-Coronavirus Scenario for Travel and Hospitality: Where We Might be Going
The year: 2023. The place: A hotel industry conference in Berlin The event: A panel discussion between the heads of the WTO, a global hotel group and a major hedge fund Author’s note: In scenario planning – a foresight method for visualizing how you…
Everyone Is Still Traveling … In Their Living Room
(CNN) — Just a few weeks ago, engineer Philipp Klein Herrero emerged from his sleeping bag, scaled a snowy mountain, skied off the top slopes, and hit a nearly 360-degree turn before crashing to the ground. Herrero managed this dream adventure while…
Making the Most of Hotel Loyalty Programs When You’re Not Traveling
Travel and travel planning are being disrupted by the worldwide spread of the coronavirus. For the latest updates, read The New York Times’s Covid-19 coverage here. You got a fancy hotel credit card thinking that you’d travel often this year and red…
Physical Distancing Will End Era Of Cheap Air Travel, Industry Warns
The days of cheap air travel will be over if airlines are forced to introduce physical distancing measures on planes because of the COVID-19 pandemic, the industry has warned. Alexandre de Juniac, the director-general of the International Air Transp…
Crave Interactive launch ServeSafely to protect restaurant staff and customers from COVID-19.
22 April, London. Crave Interactive, a leading global hospitality technology company, today announce ServeSafely, an innovative range of solutions that enable restaurants to protect staff and customers by using technology to maintain social distanci…
COVID-19: Management During A Crisis
It’s been over a month since COVID-19 travel bans and social distancing mandates have forced the hospitality industry, and much of the world, into a state of shutdown. The coronavirus has changed the way we live our lives and do business. Above all …