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Global Newsletter: October 19, 2020
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Monday, 19th October 2020
 

Asian consumers are reducing discretionary spending, Accor successfully implements ALLSAFE, winter marketing and how businesses in Asia are navigating Covid-19.

Asian consumers are reducing discretionary spending
Monday, 19th October 2020

Consumers in Asia Pacific (APAC) have reported difficulties in paying their bills and almost a quarter (23 per cent) are reducing their discretionary spending since the start of the pandemic.

One in five are doing so due to job loss or an anticipated shift in their financial circumstances, and 29 per cent are spending less due to lifestyle changes imposed by social distancing measures such as dining out, entertainment or travel >>

Accor successfully implements ALLSAFE worldwide
19 Oct 2020 : Accor announced its continued action to lead the hospitality industry with the most stringent cleaning standards and operational procedures concentrated on guest safety >>

Artyzen presents new lifestyle hotel in Shanghai
19 Oct 2020 : YaTi by Artyzen is Artyzen Hospitality Group's latest lifestyle inspiration in the fast growing Hongqiao area in Shanghai, the hotel is conveniently connected with direct access to another design-led brand under Artyzen, Artyzen Habitat, that was officially launched a year ago >>

Hong Kong Airlines to operate a flight to 'nowhere'
19 Oct 2020 : The Hong Kong to Hong Kong service for friends and supporters of the carrier aims to support local businesses affected by the pandemic while promoting the works of Hong Kong artists >>

ONYX launches OZO brand in Penang
18 Oct 2020 : Explore the culture, heritage and hidden treasures of George Town with the newest offering from ONYX Hospitality Group, OZO George Town Penang >>

HIGHLIGHT ARTICLE

Sailing Against the Wind: How Businesses in Asia are Navigating Covid-19
Sunday, 18th October 2020

Businesses and governments in Asia, particularly East and Southeast Asia, have been navigating the economic implications of Covid-19 longer than elsewhere.

Those who proactively leverage the right data, tools and expertise can better understand the impact of a crisis on their stakeholders and harness the power of data insights to drive response strategies >>

Winter Marketing Recommendations for Your Hotel
It’s not going to be a typical winter, by any means and with the virus continuing to surge its way throughout Europe, the US, Mexico and India, governments are grappling with current measures in place, and how much farther they will need to go in order to get a better handle of Covid-19 >>

Fiscal Policy for an Unprecedented Crisis
The COVID-19 crisis has devastated people’s lives, jobs, and businesses and governments have taken forceful measures to cushion the blow, totaling a staggering $12 trillion globally >>

In case you've missed it: Global eNews of October 16, 2020
Increasing importance of OTA travelers in recovery, Ascott achieves record high signings, revenue management strategies for hotel owners and crisis response is getting tougher >>

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