Faced with the COVID-19 situation, here is a 10-point checklist that can help you achieve a temporary closure which, this time, is not due to seasonality.
GE CEO update on the challenge of COVID-19
GE Aviation is announcing several steps that, while painful, preserve our ability to adapt as the environment continues to evolve.
The core values of hospitality have never been needed more
Changing our mindset from just business survival to the core values of hospitality and demonstrating the role the industry can play in times of crisis now will enhance hospitality’s value to society in the future.
Despegar.com withdraws 1Q20 guidance
Despegar.com, Corp, announced that management is withdrawing the first quarter 2020 guidance provided during its fourth-quarter 2019 earnings call that took place on March 5, 2020
Pulling the switch on hard decisions to combat COVID-19
It is time for sobering reality; you should not count on any real turnaround until mid-May, perhaps even longer. In all cases, you will have to make some hard decisions to combat any coronavirus-related occupancy drops.
Las Vegas Sands announces temporary closure of Las Vegas properties
Las Vegas Sands announced that, out of an abundance of caution and in line with recent guidance from federal and state governments, it is closing its Venetian and Palazzo resorts in Las Vegas until at least April 1.
UNWTO statement on Coronavirus
By staying home today, we can travel tomorrow. And traveling tomorrow will support jobs, celebrate culture and promote international friendship and understanding.
How to protect your hotel business during the COVID-19 outbreak
Information, analysis and planning is critical for hoteliers facing challenging operating conditions—especially so when facing an issue like COVID-19. So, what can hoteliers learn from previous downturns and what do they need to consider to safeguard their business?
Managing revenue amidst global travel restrictions
The best way to prepare for future uncertainty is by being certain about your own business strategies under any condition and hoteliers must continue to execute a revenue management strategy focused on not just the next few months, but the next several years.
COVID-19: Insights on travel Impact
With more than 118,000 infected as of March 10th, COVID-19 is having and will continue to have a significant impact on many industries. The travel industry is no exception, and in fact, maybe the hardest hit.