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Global Newsletter: August 19, 2020 4Hoteliers.com ~ Click title to read the article Wednesday, 19th August 2020
European impacts continue to worsen as restrictions remain, Galaxy committed to Japanese integrated resort, weighing up the risks of travel and how will F&B change post-COVID?.
European impacts continue to worsen as restrictions remain Wednesday, 19th August 2020
Although the European market has seen an increase in the number of flights in recent months, supported by the reopening of borders between countries of the Schengen area and the non-Schengen EU states, flights are still more than 50% below the same period in 2019.
Passenger numbers are currently forecast to fall by around 60% in 2020, which represents about 705 million passenger journeys >> Galaxy Entertainment committed to developing an integrated resort in Japan 19 Aug 2020 : Galaxy Entertainment Group remains fully committed to developing an integrated resort in Japan, even if the central government makes major changes to its IR timeline >> Meliá brings Gran Meliá to Chengdu and Zhengzhou 19 Aug 2020 : Spanish hotel group Meliá Hotels International’s premium hotel brand Gran Meliá unprecedentedly landed in Chengdu and Zhengzhou, with its dedication to a life well lived brought to life to the market >> MO reports total loss to shareholders of US$436 million 19 Aug 2020 : Combined total revenue of hotels under management fell by 57% in the first half of 2020 compared to the equivalent period in 2019, with the majority of this decline occurring in the second quarter, which saw combined total revenues 86% lower than the same period last year >>
HIGHLIGHT ARTICLE
How Will F&B Change Post-COVID? Wednesday, 19th August 2020
Because of the coronavirus, food and beverage services has shifted its focus towards contactless services.
While we’re not quite in the post-COVID world yet – things have started looking up. We have a clearer view of the horizon ahead. While the past few months have been focused on immediate strategy, we can now start outlining the future of F&B >> Into the Unknown: Weighing Up the Risks of Travel When I pulled their bags from the car park at the entrance of Heathrow Airport’s departures terminal, I was greeted with a friendly but firm sign telling me that it would be passengers only beyond that point >> Avoiding the Legal Response Syndrome Regardless of the category of crisis, there’s a good reason why legal advice is important in crisis management, namely that just about every crisis or potential crisis has a distinct legal component >>
In case you've missed it: Global eNews of August 18, 2020 Staying constructive on Asia Pacific hotel REITs, recovery guide Greater China, how to revenue management from home and shifting to Coronavirus marketing >>
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