From the rebound of key hotel performance metrics to the potential return of group demand and international travel, the U.S. hotel industry could take its first steps on a long road to recovery in 2021…
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A-Rod Among New Breed of Lenders Selectively Looking to Finance Hotel Projects
The hotel investment narrative since March is one of dried-up bank lending, and the only deals getting done are ones that were underway since well before the pandemic began.
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Yahoo Finance’s Alexis Christoforous and Chip Rogers, President and CEO of AHLA, discuss the COVID-19 impact on the hotel industry.
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JLL: Economic Growth, Vaccine Developments Provide Optimism for Recovery
When the pandemic sent global economies into decline, it clinched the end to a decade-long bull run in commercial real estate markets. But economists and investors appear largely optimistic about a recovery in 2021, according to JLL…
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Marriott to offer Covid-19 testing for group meetings
Marriott International has announced plans to offer self or third-party administered Covid-19 tests to meetings customers at selected US properties.
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London hoteliers feel targeted by highest COVID-19 tier
The decision to move London into Tier 3, the highest level of COVID-19 regulations, has hoteliers worried this could be the final straw for the capital’s hotel industry, and sources argue that hotels should not be penalized…
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Exclusive Q&A: Accor’s Newly Appointed Group Chief Commercial Officer on the Future of Hospitality
The hospitality industry was battered by Covid-19 in 2020. During the worst part of the pandemic, around 3,000 out of 5,000 of the hotels in Accor Group’s network were closed. Today, almost all of them are open again…
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Is Hospitality Ready For The Army Of Robots Coming To A Hotel Near You?
By 2025, over 85 million existing jobs will be lost due to the seismic shift toward robotization and automation, according to estimates in the "Future of Jobs Report 2020" published by the World Economic Forum…
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Ghost kitchens help to maximize hotel F&B space
Food-and-beverage experts from Davidson Restaurant Group, Butler Hospitality and C3 explain how embracing “ghost kitchens”—a term with different connotations for different businesses—can benefit hoteliers…
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GlobalData: Travelers May Choose Direct Booking Over OTAs Post-Pandemic
Online travel agents (OTAs) were the primary choice of booking channel for 44% of global respondents in Q3 2019, according to GlobalData, a data and analytics company…
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Hilton, Marriott CEOs say investors should act now
Executives at Hilton, Marriott International and Goldman Sachs say now is the time to take advantage of the opportunity to build out a diverse portfolio by snatching up bargained assets and developing at lower costs…
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Horwath HTL Market Report: Portugal Future Outlook & Pipeline
Portugal's hotel, tourism and leisure sectors have been evolving favourably in the recent years with travel & tourism accounting for 16.5% of Portuguese GDP in 2019…
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Data-based cleanliness proof to reassure guests in the COVID-19 era
Cleaning protocols, sanitary standards and hygiene procedures. In the age of COVID-19, these terms have become omnipresent. Most hotel groups have implemented new security and hygiene protocols to reassure guests and make them feel safe…
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5 trends that will change the way we travel after coronavirus
What will travel look like post-coronavirus? Making the most of what’s on our doorstep, planning dream trips and greater flexibility than ever before are likely to become part of our future as we try to support an industry that’s been on its knees…
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How travel booking behavior has changed due to Covid-19
A new normal for the travel industry is here and travel marketers are adapting to shifting consumer expectations during the pandemic…
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Why Ski Resorts Could Thrive in a Post-Pandemic World
Service-based businesses have been hurt by the pandemic, but some could do quite well once the dust settles.
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82% of families already have travel plans for 2021: Vrbo
Yahoo Finance’s Alexis Christoforous and Jeff Hurst, Vrbo President, discuss travel trends amid the COVID-19 pandemic.
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In the modern age, how businesses engage their customers continues to evolve rapidly. Consumers have changed how they search out the brands they want to buy from, how they choose between options and what they expect with regards to service…
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