Nokomis – Capsolve, a leading provider of Research and Services, has released its first series of research reports as a complimentary resource to the industry. The reports include an overview of the software, services and equipment that exist within…
European Hoteliers Shift Expectations For Financial Recovery Timeline From 2021 To 2022, New Research Reveals
Key Points: New research – published in the July edition of The Hotelier PULSE Report, co-authored by Guestcentric & Great Hotels of The World, reveals a 25,52% decrease in European hoteliers expecting to financially recover to 2019 levels in 2021. …
IHCL Reports First Quarter FY 2020-21 Results
Signed a binding agreement to acquire 100% shareholding in ELEL Hotels and Investments Limited (ELEL) for the iconic Sea Rock hotel Restructured holding of Taj Cape Town, which becomes a wholly owned subsidiary of IHCL, by acquiring 50% of holding i…
Recovery to former levels is two to three years away, Hilton CEO says
Despite a relatively quick ramp-up in systemwide occupancy over the summer, Hilton Worldwide CEO Chris Nassetta said he expects recovery trends to moderate come fall, as leisure travel demand tapers off and economic pressures intensify. “By the end …
Why Hotels Should Reframe The Narrative As They Open Back Up
The other day, I was reading a press release from one of New York’s most luxurious hotels. For decades, it’s been a bastion of wealth and privilege. I was curious, with the city beginning to reopen, how this particular establishment would approach i…
Surge in Virus Cases Dampens Europe’s Hopes for Rapid Recovery
An increase in coronavirus cases across Europe threatens to snuff out hopes of a quick recovery as locations from Aberdeen to Catalonia reinstate measures to control the disease. Spain, Germany and France all recorded jumps in the number of people i…
Wyndham Destinations Reports Second Quarter 2020 Results
ORLANDO, Fla. – Wyndham Destinations, Inc. (NYSE:WYND), the world’s largest vacation ownership and exchange company, today reported second quarter 2020 financial results for the three months ended June 30, 2020. Highlights include: GAAP net loss fro…
Cvent Launches the Cvent Engagement Hub – its All-In-One Virtual Event Solution
TYSONS, Va. – Cvent, a market-leading meetings, events, and hospitality technology provider, today unveiled its all-new virtual event solution, the Cvent Engagement Hub. Built to work seamlessly with Cvent’s unmatched suite of event marketing and ma…
Reimagining the $9 trillion tourism economy—what will it take?
Tourism made up 10 percent of global GDP in 2019 and was worth almost $9 trillion, making the sector nearly three times larger than agriculture. However, the tourism value chain of suppliers and intermediaries has always been fragmented, with limite…
Vizergy Launches Sleek New Website for Beachcomber Resort & Club
Beachcomber Resort & Club in Pompano Beach, FL, has partnered with Vizergy Digital Marketing to launch a new website unveiling its multi-million-dollar renovation featuring a stunning new look and wide array of experiences and offerings. While build…