Operations & Strategy
HVS Monday Musings: Crystal Gazing into 2021 – Top Trends
The year 2021 will be a crucial year for the hospitality sector as it emerges from the disruptions and embarks on the path to recovery. We expect demand to improve considerably in 2021, as people make-up for the lost time and give-in to their pent-up desire to travel. However, hygiene, cleanliness and safety will continue to be their top priorities, as it has become a way of life in the post-COVID world.
HVS Monday Musings: Indian Hotels Sector – 2020 in Review
2020 will go down in history as the year that changed the world as we knew it, in more ways than one. The Indian hotels sector sailed smoothly into January 2020, after a record year in 2019, with 2020 set to be 'even bigger', however, the onslaught of COVID-19 pushed the sector into a tailspin. The pandemic literally brought the world to a standstill, due to the world-wide travel bans and lockdowns.The COVID-19 shock pushed the sector into a tailspin
Horwath HTL Industry Report: Hong Kong Hotels: Staycation to Long Stay Packages - Can locals fill the gap until inbound travelers return?
Hotels in Hong Kong are struggling to survive without overseas and mainland visitors. Facing a critical period of "life or death", hotels in Hong Kong have to swap its focus into local demand.
HVS Monday Musings: Reimposing Lockdowns is a Blow to the Indian Hotels Sector
In the last few weeks, the Indian hotels sector has started to witness green shoots of recovery driven by the growth of leisure tourism and the onset of the festival and wedding season in the country. The impaired sector, however, has barely resurfaced from the perils of the daunting COVID crisis, with occupancy in most major markets showing fledgling signs of improvement.
Hospitality India – Braving the Winds
Clichéd as it may sound, the adage rings true for India's Hospitality Sector today - 'When the going gets tough, the tough get going!'
HVS Monday Musings: Mid-Market Hotels to Lead the Indian Hotels Sector Revival Story
The growth of domestic tourism, changing lifestyles, increasing affinity towards competitively priced branded hotels and expansion of business activity to Tier 2 & 3 cities have bolstered the popularity of Mid-market or Midscale hotels in India in the recent past. Both domestic and international hotel companies with established as well as new midscale brands have increased their presence in the country to leverage the growing demand from middle-income domestic travelers and international budget travelers, especially in Tier 2, 3 & 4 cities.
HVS Monday Musings: Quality Hotel Supply is the Key to Developing Fledgling Tourist Destinations
India is one of the fastest growing travel & tourism (T&T) economies in the world thanks to its diverse landscape, rich heritage and cultural diversity, which attracts tourists from across the country and the world. Recognizing the importance of the T&T sector in economic growth, the Government of India (GoI) has introduced several initiatives to promote the sector including strengthening of road, rail and air connectivity to tourist destinations in the past couple of decades.
Hilton CleanStay Brings New Standard of Cleanliness to Greater China
SHANGHAI, China - Today, Hilton announced that the company has implemented a new program to deliver an industry-defining standard of cleanliness and disinfection, across all its properties worldwide. Hilton CleanStay, created in collaboration with Dettol maker RB and Mayo Clinic, includes new procedures to help Hilton guests enjoy an even cleaner and safer stay.
China’s travel recovery ‘slower than expected’
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 ‘slower than expected’
China's travel recovery is proving "slower than expected" with outbound leisure travel "not considered safe", business services giant McKinsey has reported.
Greater Bangkok’s Fifteen Million Residents Set Tone in Thailand’s Domestic Tourism Reopening
Thailand's domestic tourism reopening is shaping up to see Bangkok as the hub for an early return of daytrips, staycations and inter-provincial road trips. With over eight million residents coupled with a sprawling megacity catchment with a population base in excess of 15 million, the recovery of the country's tourist economy is set to be staged from the capital city. Focusing on Bangkok's closest inter-provincial destinations, last year over 59 million domestic visitors were recorded in data collected from the Ministry of Tourism and Sports.
Hilton Hotels in Chinese Mainland Resume Operations
Hilton (NYSE: HLT) announced today that all of its hotels in Chinese Mainland have officially resumed operations. As Hilton welcomes guests back with its hospitality, each hotel has implemented strict anti-epidemic measures to ensure the health and safety of guests and Team Members. Hilton has also made adjustments to policies and operations in order to meet the needs of guests, owners, and the community at large during this time.
Hong Kong Airport Is Testing Full-Body Disinfectant Machines That Clean Passengers' Clothing and Bodies
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.
China As Tourist Destination Will Take Long Time To Bounce Back From COVID-19 As Brand Image Must Be Restored, Says Globaldata
Pre COVID-19, China was predicted a steady CAGR of 2% between 2016 and 2020 reaching 63.9 million international arrivals, according to GlobalData, a leading data and analytics company.
Singapore Shows What the New Clean Is With Audit Initiative for Hotels
Ask hotels to name their competitive edge, the tricolon "location, location, location" is the hackneyed response. It no longer applies. Cleanliness has become one of the three most important factors in the road to recovery and in the future. And this is changing practices.
Hospitality Industry is Joining Forces with the Indian Government to Combat COVID-19
Nothing could have prepared us for the COVID-19 outbreak. It is hard to determine the true impact of this pandemic until the dust settles and the virus is completely contained, but until then, we have to prepare and come out of this stronger than ever. To win the battle, its essential to join it and fight it together. The hospitality and food & beverage (F&B) industry in India, along with the government, are constantly working to alleviate the impact.As per the latest HVS Report, the overall revenue of the Indian hotel sector in 2020 is set to decline by anywhere between USD 8.85 Bn to USD 10 Bn, reflecting an erosion of 39% to 45% compared to last year.