Increasing importance of OTA travelers in recovery, Ascott achieves record high signings, revenue management strategies for hotel owners and crisis response is getting tougher.

Increasing importance of OTA travelers in recovery
Friday, 16th October 2020

A new Expedia Group study, in partnership with global research firm BVA BDRC, examines the contributions of online travel agencies (OTAs) to the US travel and tourism sector, the spending patterns of OTA travelers, and the role of OTAs in the hotel booking journey.

The research points to the increasing importance of OTA travelers to propel economic recovery for the travel industry >>

Ascott achieves record high signings of over 5,600 units
16 Oct 2020 : Signs more than 2,100 units across 12 properties over the last three months in China, while revenue of operating properties in the country reaches close to 95% of pre-COVID-19 levels >>

Hyatt and Genting Americas plan for a Hyatt Regency
16 Oct 2020 : Hyatt Hotels Corporation and Genting Americas announced plans for a new hotel located at Resorts World Casino New York City, new 400-room Hyatt Regency hotel set to open 2021 >>

Hotels Recovery Guides Asia Pacific
14 Oct 2020 : The hospitality sector in Asia Pacific has been hard hit by Covid-19 and the resulting economic recession; yet hotel trading across the region varies significantly and the outlook in the region is highly disparate >>

HIGHLIGHT ARTICLE

Hotel Sales Habitudes For The Long Ride To A Slow Recovery
Friday, 16th October 2020

Now that we are beyond six months into this pandemic era, most hotel salespeople and their leaders have come to accept that it is going to be a long, slow ride to a full recovery.

So now here we are looking ahead to 2021, hopefully having accepted that it is going to be a long and slow ride to a full recovery, asking the question 'What can we do about it?' The good news is that unlike personal loss, there is a lot we can do to recover lost business >>

Revenue Management Strategies Hotel Owners Need to Implement
Covid-19 has completely spun the hospitality industry upside down and exposed the weakest parts of the sector’s current revenue management practices >>

And You Thought 2020 Has ALREADY Been Bad?
Crisis Preparedness and Response Is About to Get Tougher: As I write this, never in my almost 40 years of crisis management experience have I ever I have seen an America more prone to erupt in new crises than right now >>

In case you've missed it: Global eNews of October 15, 2020
New global mobility hierarchy emerges as International travel resumes, guidelines for safe return to work, time to outsource your revenue management and HR in Normal 2.0 >>