Business Travel Collapse: Can the recovery succeed?, Beijing sees spending boom, six steps towards better revenue forecasting and winners and losers in normal 2.0.

Business Travel Collapse: Can the recovery succeed?
Tuesday, 13th October 2020

In the ITB virtual convention, Christoph Garnier – President of VDR – the German Business Travel Association — spoke in detail about future prospects for global business travel.

He says on the one hand, while it is a cost for the companies, one cannot really replace business travel, adding, 'Getting back to business means also getting back to business travel.' >>

Beijing sees spending boom during National Day
13 Oct 2020 : Beijing received 100 million tourists and saw a total sales revenue of more than 11 billion yuan during the National Day holiday. The numbers marked increases of 8.4% and 2.9% respectively over the holiday period last year >>

News from around Europe
13 Oct 2020 : Hotel industry and travel news from around Europe and the Middle East & African regions: TUI acquires stake in Karisma Hotels Adriatic from Fortenova, Les Hôtels d’en Haut acquires three hotels in France and more >>

G20 tourism leaders commit to intensify efforts
13 Oct 2020 : The implementation of the World Tourism Organization AlUla Framework for Inclusive Community Development Through Tourism, presented on the occasion of the Ministerial Meeting, was welcomed by the G20 Tourism Ministers as a tool for achieving a fairer and more inclusive sector >>

Mandarin Oriental Madrid to open in spring 2021
12 Oct 2020 : Following the most ambitious and extensive renovation to take place in its 110-year history, Mandarin Oriental Ritz, Madrid has confirmed that it will open next Spring >>

HIGHLIGHT ARTICLE

Six Steps Towards Better Revenue Forecasting
Tuesday, 13th October 2020
By Tracy Dong, IDeaS Revenue Solutions
Exclusive for 4Hoteliers.com

Given the large-scale disruptions forced upon the hotel sector by COVID-19 and the uncertain recovery period ahead, it has never been more important that a hotel understands its demand through accurate and holistic revenue forecasting.

But how can hotels achieve total revenue forecasting today when market demand is uneven and hard to predict?

Here are six tactics and tips to help boost your hotel’s forecasting capabilities across all revenue streams, even when demand patterns are disrupted >>

Winners and Losers in Normal 2.0
If you are like me, you enjoy eating meals outside of the house: Local restaurants and cafés have been our meeting places for years, however one of the many casualties of this pandemic has been our ability to relish this social and gustatory experience >>

Chef's Life: A Lesson from My Old Man
Father’s Day made me realize how much I miss my dad, so, I wanted to dedicate this post to all dads, father figures, and male mentors out there who have changed the lives of people like me and you >>

In case you've missed it: Global eNews of October 12, 2020
Jumeirah creates FoodieKiDS, India travel market will reach $56B soon, COVID uncovered gaps in your travel risk programs and social awareness at companies is on the rise >>