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Global Newsletter: April 02, 2020 4Hoteliers.com ~ Click title to read the article Thursday, 2nd April 2020
Review of historical recessions, COVID-19 int'l traveler's guide, tales and stories of hotel success from recovering markets and should airlines & hotels extend Elite status.
Review of historical recessions Thursday, 2nd April 2020
The US lodging industry was prepared for a slowdown in performance entering 2020.
Even with this low level of revenue growth, there were certain factors that could have sustained - or at least cushioned the blow of minimal declines - the nine-year trend of profit growth for US hotels since 2010 >> Radisson continues to expand in China 2 Apr 2020 : Radisson Hotel Group continues to expand in China with the signing of its inaugural property in Nanjing, the country’s ancient capital city, the current capital of Jiangsu province and a thriving modern metropolis >> COVID-19 international traveler's guide launched 2 Apr 2020 : In light of the ongoing impact of the COVID-19 outbreak on international travel, the 'COVID-19 International Traveler's Guide', an one-stop information source designed to make planning travel safer and easier in a period of uncertainty was launched >> Louvre presents new visual identity for Tulip Inn 2 Apr 2020 : The Tulip Inn brand, boasting 73 hotels worldwide, is launching a new visual identity this year to better reflect its promise of a satisfying stay: relaxing accommodations, a perfect combination of simplicity and quality, tradition and modern amenities, convenience and a warm welcome, where the client feels right at home >> HIGHLIGHT ARTICLE
Cautionary Tales and Stories of Hotel Success from Recovering Markets Thursday, 2nd April 2020
Months after we first started to see the impact of the coronavirus, what are the signals that hotel bookings are really in recovery - and what may just be a false dawn?
In this follow-up analysis to the countries we first saw in resurgence, we’ve seen the likes of Hong Kong and Singapore stall slightly, while South Korea continues to show encouraging signs in response to their successful crisis management policy.
Are these changes wholly unexpected, and what can hoteliers do to push back against wider market trends? >> Future-Proofing Luxury Brands This health crisis is a wake-up call to brands and it can serve as a great catalyst for brands to transition to the new luxury paradigm faster than they probably would under normal circumstances >> Two Sales Tasks You Can Do To Get Ready For The Rebound For most hotels in North America, the sales team is entering week three of the Covid19 disruption and the first week or so was just crazy, as salespeople from all market segments endured a frantic wave of cancellations and postponements >> Should Airlines & Hotels Extend Elite Status in Times of Crisis? That’s the million-dollar question circling around the travel loyalty industry lately. The unprecedented grounding of aircraft, significant decline in demand, and empty hotel rooms are forcing management to be creative and discover new ways to generate cash, stimulate demand, and in some cases – survive as a company >>
Global Newsletter: April 01, 2020 STR: Europe should still plan for demand this summer, TUI AG receives bridging loan, things you need to know now in hotel digital marketing and women now outnumber men >>
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