The impact of the virus on the hospitality industry across Asia continues to be significant, with many hotels and investors witnessing an unparalleled cash crunch as much reduced revenues struggle to offset fixed costs.
BENCHMARK takes risk out of meeting planning
BENCHMARK has officially launched its strategic recovery initiative that will support meeting planners and partners while forging new solutions for the industry’s future in a post COVID-19 world.
UNWTO releases COVID-19 technical assistance package
The package is structured around three main pillars: economic recovery, marketing and promotion and institutional strengthening and resilience building.
Cost of COVID-19 pandemic and how business models need to change
With much of Europe’s hotel sector still closed for business the industry faces a huge challenge to rebuild consumer confidence once Covid-19 lockdown restrictions start to lift later this year, says global hotel consultancy HVS London.
What punters want from the Casinos post-COVID
New survey shows the impact that the economy, health and safety standards, and younger gamblers will have on recovery.
American Airlines and Hyatt surprise healthcare workers with complimentary vacations
Hyatt and American Airlines surprised thousands of frontline workers at NYC Health + Hospitals/Elmhurst, including doctors, nurses, facilities, food & nutrition and other support staff, with free vacations.
International tourist numbers could fall 80% in 2020
According to the United Nations specialized agency, the crisis could lead to an annual decline of between 60% and 80% when compared with 2019 figures. This places millions of livelihoods at risk and threatens to roll back progress made in advancing the Sustainable Development Goals (SDGs).
Airbnb to cut 25 percent of workforce
Airbnb lays off 25% of its global workforce due to the continuing impact COVID-19 has on its business, with expected revenue down 50%.
New Report: Hospitality in the Post COVID-19 World
New eHotelier Report: Hospitality in the Post COVID-19 World is aimed at promoting detailed thinking, discussion and debate amongst hospitality professionals as to how best to move to a reset and long term resilience for hospitality in a Post COVID-19 World. Exclusive to eHotelier subscribers.
How to leverage technology to take a deep breath
What Projects Have You Placed on The Back Burner Until Occupancy was Down? Handle Them Now During The Downturn.