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Global Newsletter: April 21, 2020
4Hoteliers.com ~ Click title to read the article
Tuesday, 21st April 2020
 

Compensation impact on taking government money, industry is joining forces in India, why investing in a hotel’s online reputation matters now and prepare for business after COVID-19.

Compensation impact on taking government money
Tuesday, 21st April 2020

The key language regarding compensation in the CARES is below, how will this affect hospitality, gaming and travel companies who participate?

For small private and public companies, the impact will be minimal. Besides owners and principals of small companies, very few people in hospitality made more than the $425K threshold in 2019. Even fewer made more than $3M. For mid and large-cap companies the impact will be more pronounced >>

WTTC launches #TogetherInTravel to inspire global tourism
21 Apr 2020 : The World Travel & Tourism Council is launching a new marketing campaign, aimed at galvanizing the global travel and tourism community and showing how the sector is a vital part of our zest for life >>

News from around the APAC region
21 Apr 2020 : Hotel industry and travel news from around the Asia Pacific region: Japan to include tourism campaign in stimulus plan, relief fund from Hong Kong’s Airport Authority to the aviation industry and more >>

Industry is joining forces with the Indian government
21 Apr 2020 : To win the battle, its essential to join it and fight it together. So the hospitality and food & beverage (F&B) industry in India, along with the government, are constantly working to alleviate the impact >>

Operating performance at low occupancy levels
20 Apr 2020 : Since January 2020, CBRE Hotels Research has been analyzing the impact of the COVID-19 virus to understand how the societal and economic impacts of COVID-19 will influence the financial performance >>

HIGHLIGHT ARTICLE

Why Investing in a Hotel’s Online Reputation Matters - Now More Than Ever
Tuesday, 21st April 2020

The global hotel industry has never faced more challenging operating conditions, with travel bans in place worldwide and a general directive to limit activities out of the home, hotel occupancy and revenues have declined significantly. Importantly, what is being said about a hotel on social media and a property’s online peer-review score has never been more influential >>

Hotel Sales Teams: Use Downtime To Up Your Game
For most markets, being too aggressive with traditional cold-call prospecting right now might be perceived as being insensitive. As a result, salespeople might be finding themselves with far more downtime than they’ve had in years. This phase presents the perfect opportunity for hotel sales >>

It's a Good Time to Think About What Really Matters
One of the things we are learning amid this current crisis is the importance of community, this pandemic certainly hit us like a tsunami, and it will take quite some time for its impact to fully unfold within our society >>

Ways Hoteliers Can Prepare For Business After COVID-19
If you’ve been on social media lately, you probably have seen the word 'uncertain' used frequently and less than a month ago, we never could have predicted the world would come to a complete halt, while difficult times lie ahead for the hospitality industry, normality will eventually return >>

In case you've missed it: Global eNews of April 20, 2020
Accor launches sanitary measures, lowest growth since the 1960s in Asia-Pacific, the people side of COVID-19 and the new normal: Bigger brands and commoditization? >>

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