GBR Hospitality Newsletter 2020 Q2

This newsletter provides a snapshot of the performance and outlook of the Greek hotel industry, within the broader context of the international hospitality industry as well as of Greek tourism and Greek socio-economic developments. …

How To Calculate And Monitor Your Break-Even Point

As hotels begin to re-open, it is crucial that they’re mindful of their Break-Even Point (BEP) to understand their cost levels and to determine what RevPAR level is necessary to re-open. COVID-19 presented many challenges for hotels who are currentl…

A grim future for business travel

Coronavirus lockdowns and the grand work-from-home experiment killed the business travel industry — and, just like everything else, it’s not going back to normal anytime soon, if at all. Why it matters: Traveling for work is a $1.5 trillion industry…