Trends in China Give Marriott Executives Confidence in Global Recovery
As more people receive one of the available COVID-19 vaccines, demand has been rebounding, Marriott International CEO Tony Capuano said.
As more people receive one of the available COVID-19 vaccines, demand has been rebounding, Marriott International CEO Tony Capuano said.
Singapore has launched a travel "bubble" business hotel that allows executives to do face-to-face meetings without a risk of exposure to the coronavirus, in one of the world's first such facilities.
The Australian government unveiled a A$1.2 billion ($928 million) tourism support package on Thursday, aimed at boosting local travel while international routes remain closed because of the coronavirus pandemic.
As our industry starts to welcome early signs of recovery, at least domestically while bubble plans accelerate across the Tasman, now is a critical time for us to analyse the long-term impact on traveller booking behaviours in the wake of the pandemic.
Singapore is gradually reopening its borders again after months of coronavirus travel restrictions.
Forget menus, napkin colors and floor plans. When chef Shinya Otsuchihashi began preparing to open his first hotel restaurant three years ago, he focused on one key element: sociability.
In China's post-Covid-19 tourism market, short-distance travelling and luxury holidays are leading the rebound, while tour groups and business trips are declining, according to industry players.
Here's a question for you: where does this end? The travel restrictions, the lockdowns, the border closures, the separation of families and friends. Where does it end?
As one of the largest hotel chains in Japan, Tokyu Hotels Group has always stepped up to take the initiative in an emergency, its executives said, and that has been the case in the current COVID-19 crisis.
With the pandemic serving as a catalyst for reinvention and digitalisation in the hospitality industry, live-streaming has, for some Chinese hoteliers, evolved into more than an alternative sales tool amid the travel slump.
Hong Kong Disneyland is closing its gates again less than one month after it reopened, following a new coronavirus outbreak in the city.
The last time when we interacted, things were looking down. There was virtually no business for the hospitality/hotel sector. Are things looking up now? Or is this just a start and there is a long road of recovery ahead for Indian Hotels?It is a start and we are very happy that the start has happened in some of the key sources of revenue or business for us. The start happened in Mumbai yesterday, in Bangalore a month ago and hopefully a few other key metros will follow next .
China's travel recovery is proving "slower than expected" with outbound leisure travel "not considered safe", business services giant McKinsey has reported.
China's travel recovery is proving "slower than expected" with outbound leisure travel "not considered safe", business services giant McKinsey has reported.
While the global travel sector continues to withstand the negative impact of the COVID-19 pandemic, some markets have started to show signs of recovery. In China, where the virus first broke out, domestic airline passenger levels have grown steadily, and now sit at 50 percent of precrisis levels. Hotel occupancy rates have also improved since the depths of the crisis, and are now back to 60 percent of last year's levels. Domestic travel is now positioned to accelerate as summer approaches, with segments that drive demand during this period, such as families, reporting an increased desire to travel in the near term. In this article we explore some key trends in travel, and how these have changed from the early stages of COVID-19 recovery, in April.
The introduction of international travel restrictions and the closing of the border with Mainland China has forced Hong Kong hoteliers and investors to consider whether to buy, sell or hold, a new report from Colliers International says.
In an effort to prevent further spread of coronavirus, Hong Kong International Airport is testing a new machine that would effectively sanitize passengers head to toe.
The upcoming five-day International Labor Day holiday will be a "Golden Week" for tourism and consumption since China entered the phase of regular epidemic prevention and control. Although group tours across provinces are still suspended and outbound travel is discouraged, the number of domestic trips to be made in the holiday is estimated to be over twice the number of that made in the three-day Tomb-sweeping Day holiday in April. How will the country guarantee healthy and safe travels while boosting tourism and consumption in the holiday?
The hospitality sector continues to be amongst the worst-hit industries in the coronavirus pandemic, as border restrictions persist in Singapore and throughout the world. The Singapore Tourism Board's (STB) latest figures reveal that hotels' average occupancy rate crashed 32.1 percentage points (ppt) MoM in February 2020, from 83.1% in January. On a YoY basis, occupancy rate has taken a 37.5 ppt nosedive from 88.5% in February 2019. Aiming to attract guests as soon as restrictions have lifted, hotel operators are likely to promote their contactless technologies, such as facial recognition verification during customer check-in and out.
Hong Kong's legacy hotel companies are ditching competition for collaboration with one another, as daily arrivals to the city sank to below 100 visitors per day at the start of April.