How hoteliers are pricing rooms amid demand lows
The coronavirus pandemic has made it difficult for U.S. hoteliers looking to drive rates because demand has dropped overall, but they have found some opportunities for growth.
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Digital is the new normal and the future of hospitality
The past few months have been a strange time in the hospitality industry. We have seen a lot of hotels closing. Some haven’t opened up since. But the ones that did are doing a lot to keep up with the new normal…
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As UK furloughs near end, Whitbread to shed 6,000 jobs
The effects of COVID-19 on the United Kingdom’s hotel industry and the end of the government’s furlough scheme have forced Whitbread PLC, the U.K.’s largest hotel company by asset number, to terminate 6,000 jobs, 4,500 of which are in the company’s…
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Driftwood Capital gears up for ‘tsunami of deals’
Driftwood Capital expects a wave of distressed assets to hit the market within the next three to six months as government funding runs out…
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New US Oyo head sees opportunity in downturn
Kasra Moshkani, Oyo Hotels & Homes’ new head of business in the U.S., believes his company is poised for outsized growth based on its outperformance of competitors and its positioning within the broad marketplace…
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NYC restaurants can soon add a Covid-19 surcharge to customers' bills
New York City diners may soon see a Covid-19 surcharge on their bills as the restaurant industry continues to hobble due to the coronavirus pandemic.
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The future of OTAs: what to expect from their new adaptive strategies
Online Travel Agencies have always been a subject for debates among hoteliers. Should we reinforce our direct channels of distribution or rely on intermediaries? In general, there is no universal answer to that question…
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Gavin Royster: In Light of Pandemic, New Markets Emerge for Hotel Development
Although the coronavirus pandemic brought the tourism industry to a grinding halt, certain areas of the hotel development sector have continued to progress despite the disruption brought on by the virus…
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Asset managers: Owners must be the focus of comeback
While hoteliers would like to see a return to a robust demand environment sooner rather than later, asset management experts said it will be important to embrace cost cutting measures to ensure a return to profitability…
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Rome's Fiumicino Airport awarded world's first five-star anti-Covid award
Travelers eager to fly again may want to consider Italy as their next destination. Rome's Fiumicino Airport has become the first airport in the world to earn "the COVID-19 5-Star Airport Rating" from Skytrax, an international airport industry…
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As restrictions on travel begin to ease globally, destinations around the world are focusing on growing domestic tourism, with many offering incentives to encourage people to explore their own countries…
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An inside look at revenue management from a CCO’s perspective
I had the pleasure of speaking with Kym Kapadia, chief commercial officer and head of hotels for Aprirose Real Estate Investment…
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Accor Just Restructured the Company in the Middle of a Pandemic: Why Now?
A corporate reorganization at Accor pushes some power away from corporate headquarters and leaves the Paris-based hotel company without four of its top executives, according to an internal memo sent this week by the company’s CEO Sebastien Bazin…
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Maldives resort launches $23,250 luxury remote working package
A desk with an ocean view, a "dedicated" personal assistant, non-stop refreshments and a complimentary laundry service.
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Canadian airline WestJet canceled a flight just before takeoff on Tuesday, saying a family refused to comply with "multiple requests" to make their child wear a face mask.
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The tourists are leaving Italy. Now catastrophe looms
For all too brief a time, the Italian summer offered a glimmer of hope. After emerging from what was in early 2020, one of the world's harshest coronavirus lockdowns, Italy managed to dust itself down in time to welcome visitors…
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Arne Sorenson, Marriott: A CEO’s Love Letter to Travel
As the final weeks of summer in the Northern Hemisphere race to a close, I can’t help but think of a travel season coming to an end with far too little travel having occurred…
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Hoteliers plan for a budget season unlike any other
With even less certainty about future performance than normal, hoteliers are changing how they prepare a budget as they get ready for 2021.
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