Baird/STR Hotel Stock index dropped in January, Forbes honors hospitality's finest and online booking abandonment rate.

Baird/STR Hotel Stock index dropped in January.
Thursday, 13th February 2020

Last year’s positive stock market momentum reversed course sharply, and investors have become increasingly concerned about how the spread of coronavirus might impact global growth with hotel stocks being disproportionately impacted as a result.

Industry RevPAR forecasts for 2020 continue to moderate, and most industry participants now are expecting flattish growth >>

Forbes Travel Guide honors hospitality's finest in 2020
13 Feb 2020 : Largest-ever global expansion as awards launch in 16 new countries, 107 properties earn new five-star accolades, Four Seasons triumphs as hotel brand with most five-star hotels and London takes starring role as the five-star capital city of the world >>

Mondrian Hotel Brand introduced to Asia and expand internationally to Europe
13 Feb 2020 : sbe announced the expansion of the Mondrian brand in Europe and first-ever location in Asia through the opening of new properties in Seoul, Bordeaux, and Cannes >>

Novel Coronavirus(2019-nCoV) - Situation Report 22
12 Feb 2020 : WHO has developed a dashboard for Novel coronavirus (2019-nCoV) with the number of confirmed cases globally, which includes cases in China by provinces, regions and cities, as well as confirmed cases outside China by country >>

HIGHLIGHT ARTICLE

Online Booking Abandonment Rate — A New High!
Thursday, 13th February 2020

How hotels can capture abandoned bookings. Hotel websites have a huge abandonment rate of close to 85% according to 2019 research figures from SalesCycle. Is your property losing out on a huge chunk of potential business? To help remedy this situation, it’s important to know why abandonment rates in the travel industry are so high >>

How to Use the Power of a Strong Vision Mission and Values to Drive a Brand
177% growth? Organisations often strive to differentiate themselves, attract and motivate talent, and engage customers, yet this is becoming increasingly challenging in a digital world with less control over how the company will be perceived >>

In case you've missed it: Global eNews of February 12, 2020
Accor announces new partnership with Grab, knowledge hub for hospitality change-makers and the changing business of extended-stay hotels >>