Singapore Airlines secures billions in fresh liquidity, discrimination on the Airbnb platform, surviving a wild cash flow crisis and optimize your hotel’s transactional communication.

Singapore Airlines secures billions in fresh liquidity
Monday, 22nd June 2020

Singapore Airlines announced that the Company has raised S$10 billion of liquidity through its recent Rights Issue, as well as a mix of secured and unsecured credit facilities. This puts SIA on a steady footing as it tackles the challenges posed by the global Covid-19 outbreak >>

A record year for Africa’s hotel developers might be ruined
20 Jun 2020 : African hotel development had returned to growth at the start of 2020, with more than 78,000 rooms in 408 hotels in the pipeline, however, the COVID-19 outbreak is now shattering the dreams of Africa’s hotel industry >>

Chinese living in Europe start travelling and shopping
21 Jun 2020 : For almost two million Chinese living in the EU with residence permits, travelling and shopping has already become possible again. Some countries including Ireland, Greece and Serbia are already open for all Chinese citizens >>

Measuring discrimination on the Airbnb platform
22 Jun 2020 : In partnership with Color Of Change and with guidance from civil rights and privacy rights organizations, Airbnb is launching Project Lighthouse, an effort to collect the data needed to measure and evaluate discrimination on its platform in the US so it can take additional action against it >>

HIGHLIGHT ARTICLE

Surviving a Wild Cash Flow Crisis: Reflections, Observations, and Views
Monday, 22nd June 2020

Fulfilling obligations, firming-up balance sheets, and securing adequate cash-flow for the duration of the crisis has become a considerable and vital challenge for any business leader and for any organizations.

Reflecting on the overall health of the hotel industry during the COVID-19 outbreak, I find there are many unanswered but crucial questions surrounding how hotel business will be reshaped during these trying times and also in the recovery ahead. Similar questions are also being asked by heads of hospitality organizations worldwide >>

How to Optimize Your Hotel’s Transactional Communication
As the pandemic subsides, hotels are reopening, and people are beginning to travel again, however, given the nature of the pandemic, the traveler mindset has evolved and hotels are adjusting to a new normal involving extra hygiene and distance-related regulations >>

You're in the Subscription Business
Most people think that a renewal applies to some type of subscription: You renew your subscription to a magazine, a maintenance contract or a software program, but what if renewal had a broader meaning? >>

Navigating the Difficult Times
Life in the dynamic and unpredictable business world means that sometimes things will not go according to plan and when a business, country or world is in crisis, it is easy to become trapped beneath a mountain of problems but, in order to succeed, individuals must be motivated and be able to sustain performance during a crisis and times of stress >>

In case you've missed it: Global eNews of June 19, 2020
Experts confident in recovery of primary markets by Q4, 2020 World Competitiveness Ranking, rethinking travel and can technology make hotel experience safer? >>