There are two major bed banks: HotelBeds #1 bedbank headquartered in Palma – the capital of the Spanish island of Mallorca 180K hotels (25K Oyo) in 185 destinations The average number of properties across the Americas is 50,000, nearly 80,000 proper…
FREE REPORT: The Inevitable Rise of Virtual Events in a Post-Pandemic World
Where we once expected events to consist of grand concert halls or conference rooms bustling with excited attendees, we now realize the potential for virtual gatherings and online experiences. In a recent article for Forbes, Ruben Castano, the CEO o…
World Tourism Day: How digital skills can support recovery
After months of isolation while living in quarantine, travel is the leisure activity that I miss the most. And I’m not alone. Our research, conducted with the Boston Consulting Group, shows that 31 percent of people hope to plan leisure travel once …
The travel industry turned upside down: Insights, analysis, and actions for travel executives
Although the travel industry is no stranger to hardship and has been seriously damaged by the pandemic, we have already seen strong leadership actions that are keeping companies and their people above water while remaining focused on long-term growt…
‘What Are You Trying to Say?’
When a sudden and unexpected storm hits our shores, our business and our brand, how we communicate and what we say, becomes even more important.What we see, what we hear, what we believe, depends on where we stand. It is the high octane internal fue…
Nobu Hospitality Strengthens Trade Partnerships with Launch of Master Chain Code “NB”
As Nobu Hospitality, founded by Chef Nobu Matsuhisa, Robert De Niro and Meir Teper, continues its growth and expansion, the brand is announcing the launch of a unique master chain code across four major global distribution systems, strengthening its…
Mentoring: An Important Source of Training
With the tremendous growth of the lodging industry over the last three decades, the industry’s ability to develop competent management staff has been severely strained. The educational institutions that focus on the industry, whether they are two- o…
STR: Europe hotel performance for August 2020
Europe’s hotel industry reported its best performance levels since February, according to August 2020 data from STR.Euro constant currency, August 2020 vs. August 2019 Occupancy: -44.6% to 43.0% Average daily rate (ADR): -13.0% to EUR103.95 Revenue …
Future Hospitality Summit Leads the Way, Live From Riyadh & Across the World, 26-27 October
The hospitality world will come together virtually to discuss, reimagine and pave a new path towards the future, on 26-27 October at Future Hospitality Summit. The hybrid summit is organised by the Ministry of Tourism Saudi Arabia and G20 Saudi Secr…
Introducing HospitalityVIEW, The Innovation Working Group of Global Hotel Industry Executives
Alex Dichter, senior partner at McKinsey and Company, delivered opening trend remarks. Klaus Kohlmayr, chief evangelist at IDeaS, moderated the discussion, reaching a consensus that technology innovation will be a driving force to lead the industry …