As travelers become more comfortable with new safety protocols and practices around COVID-19, we’re seeing travel start to rebound around the world. According to STR, hotel occupancy has been slowly recovering, especially in the US and Europe. While…
STR: Preliminary July Data For London Hotels
LONDON – STR’s preliminary July data for London hotels showed record-low occupancy. Comparison with July 2019: Occupancy: -74.8% to 22.8% Average daily rate (ADR): -52.4% to GBP83.61 Revenue per available room (RevPAR): -88.0% to GBP19.02 The absolu…
What Does Having A Clear Communication Strategy Mean Today?
Clear communication has become more important than ever throughout the pandemic. Globally, there have been 16 million confirmed cases of COVID-19 and from the looks of it, the global pandemic is far from over. Travel restrictions have been put into …
Mandarin Oriental’s COVID-19 Strategy: How to Be Agile and Prepared in Uncertain Times
When we closed some Mandarin Oriental hotels in response to COVID-19, the management team created a task force including myself as Group Director of Rooms and Quality and eleven hotel managers. The objective was to figure out how we would reopen, wh…
Marriott’s Sorenson believes “the worst is now behind us”
Marriott International saw global RevPAR drop 84.4% in the second quarter, with Marriott CEO Arne Sorenson telling investors that the three months through June “will mark the bottom, and that the worst is now behind us.” “Since April, occupancy leve…
Adapting to a new world – PwC on facing the challenges of the post-COVID-19 landscape
At PwC, we have been thinking about how to approach these issues holistically. In 2017, we identified a set of urgent, interdependent, and accelerating challenges confronting the world. We dubbed it the ADAPT framework — describing a world in which …
Tripadvisor revenue down 86%, still better than expected, says CEO
Tripadvisor reported revenue of $59 million, a $153 million net loss and a $74 million adjusted Ebitda loss in the second quarter. But in a letter to shareholders, co-founder and CEO Steve Kaufer says that is still “better than our previously disclo…
AHLA Applauds President Donald Trump for Signing Executive Orders Extending Unemployment Benefits
The American Hotel & Lodging Association (AHLA) today applauded President Donald Trump for supporting Americans by signing Executive Orders that extend unemployment benefits and support those impacted by COVID 19, while urging Congress to come toget…
Latin America’s Hotel Construction Pipeline Shows Continuing Decline at the Close of Q2’20*
Analysts at Lodging Econometrics (LE) state in the Q2’20 Latin America Hotel Construction Pipeline Trend Report, that the total construction pipeline stands at 681 projects/118,936 rooms, down 4% by projects and rooms, year-over-year (YOY). Projects…
Duetto One World Webinar: Analyzing Data, Finding Opportunities
“Our industry is being tested on all fronts right now,” said David Woolenberg, CEO at Duetto, as he opened the latest One World Webinar. “We’re all going through this as a global community. We’re in our homes, maybe not living our normal lives, but …