Industry Veterans Launch Hospitality Management Company
Hospitality industry veterans Chris Manley, formerly with Stonebridge Companies, and Jeff Blackman, founder and president of Bedford Lodging, have launched hotel management company Five Senses Hospitality Management™.Focused on careers, guests and owners within the hotel management industry, Five Senses...
Hotels group IHG cautious about travel recovery
InterContinental Hotels Group, owner of the Holiday Inn and Crowne Plaza brands, has warned that the difficulties of the "most challenging year" in its history have stretched into 2021 as new strains of coronavirus force countries to close borders and limit travel.
How Do Travel Managers View Corporate Booking Technology?
The Global Business Travel Association (GBTA) - the world's largest business travel association, today launches the findings from a study into how travel managers view online booking tools (OBTs). The study, made possible by Deem,examines how US. and Canada-based travel managers view corporate booking...
Marriott Bets on the ‘Bleisure’ Lifestyle
Marriott International's MAR 4.61% late Chief Executive Officer Arne Sorenson, who died last week, told Forbes in 2019 that he wanted his company to be "as big as possible." His boldest move came back in 2015 when he announced that Marriott would acquire Starwood Hotels & Resorts Worldwide, adding brands...
Post COVID-19: What's Next For Digital Transformation?
When COVID-19 struck, it forced societal changes around the globe. Nearly overnight, governments issued orders that limited large gatherings of people, restricted in-person business operations, and encouraged people to work from home as much as possible. In response, businesses and schools alike began...
Opportunities For the Post-Pandemic Guest: More Brand Loyalty, Less Price Sensitivity
There is no doubt that the coronavirus pandemic has wreaked havoc on the global hotel industry. It has led to the loss of millions of jobs and billions of dollars,...
GBTA Poll: Vaccine a Game-Changer for a Return to Travel
The Global Business Travel Association (GBTA), the world's largest business travel association, finds most GBTA members and stakeholders (79%) would be "very comfortable" or "comfortable" traveling for business after receiving the COVID-19 vaccination, and almost half support mandatory testing prior...
Will the Hospitality and Travel Industry Recover in 2021?
Spring will soon be here. People are celebrating the Lunar New Year. Do you see a brighter future in 2021?
Hilton Reports Fourth Quarter and Full Year Results
Hilton Worldwide Holdings Inc. ("Hilton" or the "Company") (NYSE: HLT) today reported its fourth quarter and full year 2020 results. The following results reflect the material impact that the novel coronavirus ("COVID-19") pandemic has had on Hilton's business. Highlights include:
Scandic's year-end report 2020 - Expected recovery after a challenging 2020
The past year has been tremendously challenging for the entire hotel industry. As we previously announced, our occupancy rate fell to 23 percent in the fourth quarter due to increased spread of the virus and stricter restrictions. Both in December last year and during January this year, occupancy has...
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