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…
HTNG and Hospitality Upgrade Launch New Career Center Portal to Serve the Rapidly Evolving Hospitality Job Market
CHICAGO (April 14, 2020) – Hospitality Technology Next Generation (HTNG) and Hospitality Upgrade today jointly announce the launch of the HTNG Career Center, a premier, industry-exclusive job portal designed to connect qualified hospitality professi…
The best travel books for when you’re stuck at home
(CNN) — One of the best ways to use all those extra hours indoors is to settle down with a good book and dream of future adventures.”Travel book” means so much more than a guidebook. Some people discover their dream destinations through fiction, oth…
Six ways your RMS can assist with revenue management strategy during a crisis
The hotel industry right now is facing an unprecedented challenge. Perhaps now more than ever, hoteliers must focus on the fundamentals: maintaining communication channels, building trust, and strategizing for when demand starts to pick up again. It…
Marriott International Announces New $1.5 Billion 364-day Revolving Credit Facility Commitment
On April 13, 2020, Marriott International, Inc. (“Marriott” or “the company”) entered into a commitment letter (the “Commitment Letter”) providing for a 364-day senior unsecured revolving credit facility in an aggregate principal amount of $1.5 bill…