April 6, 2021
Via: Hotel News ResourceMeetings and conferences generate big business for hotels. The pandemic made a big mess of that. On the rebound, hoteliers are eager to see that demand segment return. The arrival of COVID-19 vaccines – coupled with a societal eagerness to […]
April 1, 2021
Via: Hotel News ResourceTravel recovery finally appears to be well on its way, with a growing number of hotel markets experiencing week-to-week improvements in bookings and occupancy. Given the widespread success of vaccinations, expected to soon reach critical mass, combined with continued precautions […]
Finance and Development, Markets
March 31, 2021
Via: Hotel News ResourceThe devastating impact of the COVID-19 pandemic on global tourism has carried on into 2021, with new data showing an 87% fall in international tourist arrivals in January as compared to 2020. The outlook for the rest of the year […]
March 23, 2021
Via: Hospitality NetAirlines and others in the travel industry are throwing their support behind so-called vaccine passports to boost pandemic-depressed travel, and authorities in Europe could embrace the idea quickly enough for the peak summer vacation season. Technology companies and travel-related trade […]
March 12, 2021
Via: Hotel News ResourceThe COVID-19 pandemic has had an unprecedented impact on tourism to and within the United States. In 2020, overseas visitation to the United States declined 81% to its lowest level in 35 years, while the share of global travelers planning […]
Finance and Development, Trends
March 10, 2021
Via: Smart MeetingsYou have planned a big online event. Now you need to market it and entice people to come to your event. A killer virtual event description is necessary to convince people to attend your event. Without this, no one will […]
Finance and Development, Markets
February 8, 2021
Via: Hotel ManagementIncluding a 100.6 percent decline in December, U.S. hotel profitability fell 84.6 percent in 2020, according to STR‘s latest monthly profit-and-loss data release. December gross operating profit per available room came in worse than any month since June in both […]
Finance and Development, Markets
February 3, 2021
Via: Hospitality NetAlexandria, Virginia – The Global Business Travel Association (GBTA) – the world’s largest business travel association – released its annual BTI™ Outlook, a detailed analysis of business travel in 2020, with projections for 2021 and beyond. The BTI Outlook, now […]
Finance and Development, Trends
February 2, 2021
Via: Hospitality NetOAKLAND, CALIF. – 2021 is bringing many changes to the way the hospitality industry operates, but not in ways we expected just a year ago. Like a sudden blackout, COVID-19 disrupted every aspect of modern life, and operators’ day-to-day lives […]
Finance and Development, Hotels, Trends
January 29, 2021
Via: Hospitality NetIn the past year, the hospitality industry has undergone a significant transformation to adapt to the changing demands of guests. Hilton has been at the forefront of ensuring that as travel resumes, hotels are ready to welcome guests back in […]