MOUNT PLEASANT, SC – Social distancing may be good for the country, but it is having a major impact on the hotel industry. With STR reporting occupancy down an average of 50 percent nationally operators are refocusing priorities and revising forecas…
Koch Industries Completes Acquisition of Infor
NEW YORK – Koch Industries, Inc. announced that it has completed the acquisition of the remaining portion of Infor from Golden Gate Capital. Infor, a global leader in business cloud software specialized by industry, has been a key component of Koch’…
Quore Helps Hotel Properties Transition to Isolation Wards for COVID-19 Patient Overflow
Franklin, Tenn. – (April 7, 2020) – Quore, the leading provider of workflow management and productivity tools for hotels, today announced its Quore Aid Program for any hotel converting its property into a COVID-19 isolation ward or temporary medical…
How the Hotel Industry Will Bounce Back After COVID-19
The resiliency of the hotel industry will help it rebound as the effects of the coronavirus ebb, according to GlobalData, a data and analytics firm. “It is imperative that hotels across the globe remember how they have overcome a range of past crise…
New 1-hour online course helps hospitality executives foresee post-Coronavirus business scenarios, spot opportunities
More and more decision makers in hospitality are realizing that, as catastrophic as the current crisis situation already is, how their world will look after COVID-19 is finally beaten also needs strategic attention. A “new normal” will unfold for th…
CURATE PRESENTS: How to Be a Hospitality Marketing Leader During COVID-19
Continuing our series of interviews with HSMAI Lifetime Achievement honorees — with a coronavirus-inspired focus on “Leadership in Changing Times,” the planned theme of our now-canceled Spring Curate 2020 event — we recently talked to Leland Pillsbu…
Best Practices for Hotel Management Company CROs Responding to COVID-19
HSMAI hosted a Hotel Management Company (HMC) Chief Revenue Officer Virtual Roundtable on March 25 that focused on the impact that COVID-19 is having on hotel revenue optimization. In addition to discussing key indicators they are using to track how…
The CEO of HotelFriend Denis Severyuk on COVID-19 crisis
Market situation To me, it all started with the ITB Berlin cancellation. It was t he first bitter blow to the travel industry. A lot of business is done at this exhibition, so it was the exact moment when everybody understood that situation was gett…
How restaurants can better assist customers during times of uncertainty
Restaurants are the heart of many communities. It’s where couples enjoy date night, families celebrate taco Tuesday, and teams gather for postgame grub. But as the world grapples with how to respond to COVID-19, both national chains and independentl…
Q&A: Trivago CEO shares vision for “moment in time” when travel resumes in a post-crisis world
In February – which was just two months ago – Trivago CEO Axel Hefer noted during the company’s latest earnings call that the initial impact from the COVID-19 coronavirus was primarily felt in markets with close ties to China.Now, COVID-19 has broug…