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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Bill Gates, Amazon and British Airways are backing a hydrogen plane startup
A California-based startup that promises to make zero-carbon flight a reality has just received a major vote of confidence.
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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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Structure, owner focus help Aimbridge through pandemic
Aimbridge Hospitality, the hotel industry’s largest third-party operator, has leveraged its scale, organization and relationships with owners to grow.
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Disney increases number of planned layoffs to 32,000 employees
Walt Disney Co. is planning to shed 32,000 employees by the end of March — 4,000 more than previously announced — as the coronavirus pandemic continues to hammer its parks and resorts business.
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Accor doubles down on lifestyle and enters into exclusive negotiations with Ennismore
The Newly Established Lifestyle Entity Is Set To Become The Largest & Fastest Growing Global Player With 12 World-class Brands
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What to Do With Hotels That May Never Reopen Due to COVID
One feature of post-COVID New York City just may be large, hulking, dark buildings, a legacy of the hotels that have or will have closed permanently due to an extreme revenue shortage brought about by lockdowns that deprived them of their clientele…
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New Independent Hotel Group Fights Back on Industry’s Bigger-Is-Better Mentality
Independent hotel owners have a new pandemic survival strategy with the arrival of the Curator Hotel & Resort Collection. The big brands need to address grievances over their high costs in order to remain competitive…
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By James Houran, Managing Director at AETHOS Consulting Group, Co-authored by Saree Mansbach
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How the pandemic has changed the OTA-indie relationship
Independent hotel operators shared insights into how they’re working with online travel agencies…
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Back Light: 4 Hospitality Trends Shaping the Meetings Industry
Editor’s Note: As part of Back Light, a series of articles sharing illuminating insider observations, we asked Andrew Moffett to walk us through his career transition and his vision for the future.
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How hotels are reworking outdoor spaces to meet demand
To accommodate guests’ increased desire for outdoor spaces, hoteliers are investing in extra seating options for individuals and groups as well as boosting internet connectivity for a seamless indoor-outdoor transition…
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Universal Music Group launches Umusic Hotels brand
Universal Music Group has partnered with investment group Dakia U-Ventures to launch new “music-based experiential” hotel brand Umusic Hotels.
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Hotel Giant IHG Data Shows Younger Travelers Now Prefer Much Shorter Booking Windows
The coronavirus pandemic continues to place a giant question mark around the travel industry and when demand will once again return to 2019 levels. Shifts in consumer behavior aren’t helping hotel companies like IHG plan for a recovery…
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Hospitality Schools Weigh the Pandemic’s Long-Term Impact on Travel Curriculum
The coronavirus pandemic continues to upend the global travel industry, but hospitality schools aren’t rushing to overhaul their curriculums around how to operate a travel business — yet.
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Hoteliers remain optimistic despite pandemic fatigue
Members of the Lodging Industry Investment Council look back at the months the U.S. hotel industry has grappled with the coronavirus pandemic and what they believe that means for hoteliers going forward…
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10 reasons corporate travel will outperform
Since that date, the U.S. hotel industry has been in survival mode – global borders closing, single-digit occupancies, shortfalls increasing – with an ambiguous timetable.
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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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