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 …
Marriott’s Q2 2020 comparable systemwide constant dollar RevPAR declined 84.4 percent worldwide, 83.6 percent in North America and 86.7 percent outside North America
Second quarter 2020 comparable systemwide constant dollar RevPAR declined 84.4 percent worldwide, 83.6 percent in North America and 86.7 percent outside North America; Second quarter reported diluted loss per share totaled $0.72, compared to reporte…
Lausanne Summer Guide: A Student’s Guide To (Re) Exploring The City
Get inspired at Platforme 10 With less than a year since its opening, Platforme 10 brings together some of the most iconic art museums around Lausanne. Built on the site of a former locomotive shed, it is home to the Musée Cantonal des Beaux-Arts, t…
August 2020 Update On Coronavirus Travel Restrictions
It’s hard to believe that we’re almost three-quarters of a year into pandemic-related travel restrictions. August is typically the month for last-minute trips before a brand new school year. These are the closing weeks of the peak summer travel seas…