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. …
Commercial Real Estate Valuation in the COVID-19 Era
When COVID-19 struck, the markets reacted. Since the beginning of 2020, REIT returns have nosedived: -60% in retail and hotel sectors, and -30% in residential sector which is usually considered to be a safe asset. In sum: Stock markets are brutal, o…
HOSPA opens up educational courses to help furloughed hospitality colleagues
HOSPA, the Hospitality Professionals Association, has opened up its educational courses, welcoming a fresh intake of learners and waiving the usual twice annual registration process in a move that will enable furloughed colleagues to learn and enhan…
More than a Pretty Playlist: Music as a Strategic Marketing Tool
These days, fine-tuning your musical decor in harmony with your venue is becoming a big song and dance. To quote digital analyst and thought leader, Brian Solis: “Capturing a moment and turning it into an experience is key to the future of business….
Rethinking the Nature and Relevance of ‘Legacy’
It would be an understatement to say that the service-hospitality industry is experiencing unprecedented times. The global ‘Black Swan” event has arrived, and the light at the end of the tunnel appears the size of a pinhole. However, our industry is…
IDeaS Increases Investment in Education and Releases Revenue Management Online Learning to the Public
Maintaining an active role in empowering the industries it serves, IDeaS, the revenue science pioneer, announced today it has made its Revenue Management Foundations courses available to the global revenue management community, free of charge. Addit…
The Case for Why Airbnb’s Foray Into Experiences Is a Fundamental Mistake
When you talk about experiences, you’re talking about bloodletting on all fronts. I don’t know of an online travel agency that is finding true success selling experiences. Airbnb’s first attempt was to try to provide unique inventory, which is in it…
Benelux Hoteliers expect relatively quick recovery of local market, and slow recovery of international market
Hoteliers in the Netherlands and Belgium expect that the corona crisis will have a long-term impact, but will eventually recover. This is shown in new research by Horwath HTL. The domestic market will recover relatively quickly and perhaps even come…
Revolutionary hotel software proves to the global hotel and technology community that its software is changing the way business is done!
protel, a global software solutions company shows the world the exemplary value of its new software, protel.I/O by celebrating 100 installations of Duetto, hospitality’s innovative software as a service provider of revenue strategy solutions. “Over …
Shaping Restaurants of the Future with Data-Driven Decision-Making
Back in the days of pen and paper, the gastronomy sector was just fine. Before online reservations, customers simply picked up the phone to reserve their table. Before digital menu boards, a blackboard and chalk did the job. Before restaurants offer…