U.S. hotels eked out a 0.6% year-over-year increase in GOPPAR in January, but as the full scope of the coronavirus becomes clearer, subsequent months could put pressure on hoteliers to generate both top- and bottom-line growth.
UNWTO statement on the containment of Coronavirus
The decision to cancel this year’s ITB Berlin on public health grounds shows that tourism is living up to its responsibility to put people first.
Hyatt updates 2020 outlook due to evolving Coronavirus impact
Hyatt announced withdrawal of previously announced 2020 outlook and earnings sensitivity based on Greater China RevPAR due to the impact on travel demand outside of Greater China, in part as a result of new corporate travel restrictions in North America and Europe, as well as near-term cancellations outside of Greater China, as a result of the COVID-19 outbreak.
Hilton recap on 2019
Global hospitality company caps off dynamic 100th year with record growth and performance amid challenging business outlook.
Highlights of IHG partnership with It’s a Penalty in Miami
Activities in Miami kicked off with a launch event where dozens of IHG hotel colleagues participated in an onsite human trafficking prevention training session while Kelley updated attendees on IHG’s anti-human trafficking efforts across the country.
AETHOS Consulting released compensation trends for CFO in chain restaurants
AETHOS Consulting Group, a hospitality-focused human capital advisory, recently published The 2020 Chain Restaurant CFO Report, sharing current compensation information for Chief Financial Officers (CFOs) in the chain restaurant sector.
Hilton again recognised as one of the world’s most ethical companies
Every day, Hilton Team Members across the globe expertly navigate complex, multi-faceted ethics questions, from safeguarding communities to data privacy and protection.
InterContinental reveals multi-sensory experiences in seven cities
InterContinental unveils some of the most authentic ways to experience New York, London, Dubai, Paris, Mexico City, Sydney and Shanghai, inspiring and redefining travel in some of the world’s most famous cities in 2020.
Radisson announces global plan to reduce single-use plastics
Radisson is launching a global roll-out plan of plastic reduction – including the introduction of bulk amenities in all hotels across the group’s portfolio by 2022.
Virtuoso reveals how globetrotting families travel today
Michelin starred restaurants, custom safaris, and cake on a glacier.
