The Coronavirus is having a dramatic effect on every aspect of our lives, presenting a once-in-a-generation test of business continuity and planning. The travel industry is experiencing particularly challenging times, but it’s important to remember …
Best Western® Hotels & Resorts Rolls Out Support Package For Front Line Workers
Phoenix, Arizona – Best Western Hotels & Resorts (BWHR) has launched a support package designed to offer a helping hand to front line workers during the COVID-19 pandemic. The package includes a discounted rate at participating BWHR-branded hotels, …
Hyatt Launches Hyatt Care Fund to Provide Financial Relief to Global Colleagues
CHICAGO – The COVID-19 pandemic has impacted the hospitality industry around the world, leading to temporary leaves or significantly reduced work schedules for many members of the global Hyatt family. In a focused effort to help the colleagues who a…
Coronavirus Air Travel: These Numbers Show the Massive Impact of the Pandemic
It’s hard to fully grasp the far-reaching implications of the coronavirus pandemic on the air travel industry so far, as government restrictions continue to decimate passenger demand and force would-be travelers to cancel trips for the foreseeable f…
Statement from Wyndham Hotels & Resorts: Coronavirus Update III
Updated: April 14, 2020 The safety of our guests and team members around the world is a top priority. We have provided the thousands of independently owned and operated franchised hotels in our network and our managed and owned properties worldwide …
Wyndham Hotels & Resorts Honors Everyday Heroes on the Front Lines of COVID-19
PARSIPPANY, N.J. – Wyndham Hotels & Resorts, the world’s largest hotel franchising company by the number of properties with approximately 9,300 hotels across 90 countries, today announced the launch of its new #EverydayHeroes initiative, offering al…
How to Reserve a Hotel Room in a Pandemic
If you’re booking a room in late spring or early summer in hopes that travel restrictions will be lifted, pay attention to the fine print and book closer to your travel date. The federal directive extending social-distancing guidelines to April 30, …
Bill Gates believes travel for work will never be the same after coronavirus: ‘There are a few things, like business trips, that I doubt will ever go back’
Gates has repeatedly warned against a full return to normality until a vaccine is available for the general population. “It’ll be semi-normal until that vaccine is out there in billions of doses,” he said. And a vaccine is still, at least, 18 months…
Machines vs Humans: Real Estate Valuation During the Coronavirus Crisis
Real estate assets are traditionally valued manually, wherein computer tools are used in a supportive role. However, more sophisticated, machine learning-based valuations have gained traction in recent years. As the coronavirus crisis has posed seri…
Is Booking in Better Shape for a Recovery Than Airbnb and Expedia?
Along with the debate about the shape of a potential travel industry recovery, crosscurrents are emerging about which companies and business models would lead the charge. Cowen Equity Research published a recent investor note contending that Booking…