Singapore is repurposing hotels, Gordon Ramsay closes all Hong Kong restaurants, trends in events and meetings that will shape 2020 and necessity leads to invention.

Singapore is revitalising and repurposing hotels
Tuesday, 7th April 2020

Singapore’s hotel market observed a continued growth momentum in 2019 and this is attributable to strong contribution from the main source markets as well as the slower growth in hotel supply entering the market.

During the SARS period in 2003, Singapore suffered a 19% y-o-y decline in international visitations, and the recovery in the tourism sector took approximately seven to eight months. STB expects the COVID-19 to have a much more significant impact on tourism in Singapore >>

Chinese hotel CEOs expect rebound by mid-Q2
7 Apr 2020 : The travel industry and the world at large in a way are looking at China for the rebound. Established hotel brands believe that they acted with sincerity and compassion, and they expect that travelers are going to respond to the recovery in a positive way >>

Gordon Ramsay closes all Hong Kong restaurants
7 Apr 2020 : On 31 March, three restaurants under the helm of British celebrity chef Gordon Ramsay in Hong Kong announced their abrupt closure, effective from 1 April >>

First Golden Tulip to open in the heart of Belgrade
7 Apr 2020 : Thanks to this first opening in Serbia, the European 2nd Hospitality group continues to develop its network in Eastern Europe, where he already has almost 30 hotels >>

HIGHLIGHT ARTICLE

Necessity Leads to Invention
Tuesday, 7th April 2020

Quarantine measures are forcing landlords and retailers to think outside the box. With social distancing rules in place, and restrictions on eating out to stop the spread of COVID-19, food retailers have been forced to reinvent their business models to maintain cash flow >>

Trends in Events and Meetings That Will Shape 2020
In the events industry, innovation never sleeps, and honestly, event planners probably don’t sleep much either and with each passing year, events seem to get bigger and better, boasting exciting new technology, catering to attendees’ needs in finer detail, bringing guests together in unique venue spaces for a variety of occasions >>

Class Of 2020 – Forged In Crisis, The Servant Leader Of Tomorrow
Those that seemingly have risen to shine are the executives who have not only displayed business ingenuity but who have put people-driven strategies into practice and who have demonstrated humbleness as well as kindness and solidarity with those surrounding them >>

Investors: There are No Winners in All This, Only Survivors
BEACH (Booking, Entertainment & Live Events, Airlines, Cruise Lines & Hotels & Resorts) stocks have taken a hammering with the Covid-19 crisis and more than $332 billion in value have evaporated over the past month >>

In case you've missed it: Global eNews of April 06, 2020
China hotels show recovery, Accor expects 2/3 of its branded hotels closed, thinking about CX during COVID-19 and impact of pandemics on hospitality & plan of action >>