Introduction In one of our previous articles, we analysed the impact of COVID-19 on hotel occupancy in Athens and Thessaloniki whereas our latest one was an attempt to interpret the different perspectives of Greek hospitality industry experts throug…
Hospitality Experts Confident in Recovery of Primary Markets by Q4
According to the new research, 80% of HSMAI members expect to see signs of hotel recovery in their primary markets by Q4 2020. Still, many acknowledge that hoteliers will need to significantly adapt their business models to capitalize on this accord…
Ascott Achieves 139% YOY Growth With Record Over 5,400 New Units Added Globally Amid COVID-19 Crisis
Singapore – CapitaLand’s wholly owned lodging business unit, The Ascott Limited (Ascott), has set a new record by securing contracts for 25 new properties with over 5,400 units across nineteen cities globally. This is the largest number of new prope…
Hilton Update on Corporate Response to COVID-19
McLEAN, Va. – The novel coronavirus (COVID-19) has created unprecedented challenges for the travel and tourism industry. Hilton Worldwide Holdings Inc. (NYSE: HLT) took early and decisive action to boost liquidity and reduce corporate expenditures. …
Who Should Stay And Who Should Go?
So here we are, and you have no choice but to cut your overhead to the bone. How are you going to do it? Sacrifice the young’ uns you have invested so much in and who are just about to give you a superb return on your investment? Just because they a…
Shangri-La Group Welcome Guests Back with Enhanced Hygiene Protocols Under “Shangri-La Cares” Commitment
Shangri-La Group announced today that it is introducing the “Shangri-La Cares” commitment which elevates its already rigorous hygiene and safety protocols for all properties worldwide. As people look to travel in the future, health, safety and susta…
A Four Phase Theory to the Return of Travel
As members of the hospitality industry, we are full of questions about what the future of travel will look like, how it will evolve, and especially when it will return. As travelers ourselves, full of wanderlust and a desire to see and connect with …
Maestro PMS Direct Booking Metrics Show Growing Recovery for Independent Properties
Hospitality solutions provider Maestro PMS reported a 21-percent increase in online reservations from June 8th to 15th, 2020 over the same period in 2019 from multiple independent properties. The metrics represent an average increase based on reserv…
Cloudbeds’ Global Sentiment Survey of Independent Hoteliers Reveals That Caution Remains but 64% Expect Doors to be Open by August
San Diego – Cloudbeds, a leading provider of cloud-based software solutions for more than 20,000 hotels, hostels, and vacation rentals across the globe, released the results of a sentiment survey with responses from more than 1,000 independent owner…
Meetings Mosaic: Re-Thinking Corporate Events For A Brave New World
As COVID-19 continues to alter societies and economies, everyone is wondering what the future will look like. The novelty of meeting on video screens is going the way of learning to bake banana bread: It’s wearing off, and we’re wondering when we wi…