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Press Releases – Coronavirus: Impact on the Hospitality Industry

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Coronavirus: Impact on the Hospitality Industry

All eyes are on the spreading coronvirus, COVID-19. Here you can follow the development and the impact of the coronavirus on the Hospitality Industry. Visit the WHO | World Health Organization for more information about the virus.

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The UK Prime Minister’s roadmap is a very welcome sign that good progress has been made in tackling the COVID-19 pandemic and for society to start planning a return to a more ‘normal life’.

Whilst we appreciate the need to be careful about when and how the hospitality industry, and specifically the accommodation sector, reopens, we also need to make sure that no business is disadvantaged in the meantime and that we work together to make 2021 a year to make up as much of the lost ground caused by the pandemic as we can.

Update on Hotels in CMBS Special Servicing: What’s Next in Round Two

The Global Hospitality Group® just hosted a very timely webinar discussing the state of the hotel and CMBS industries. Our program featured senior representatives from Argentic, Greystone, and Situs - three of the largest CMBS special servicers with the most distressed hotel debt - as well as leading data and analytics firm Trepp, HREC's runway capital program, Manhattan Hospitality for hotel industry perspectives, and our own hospitality workouts and receivership expert to break down the current state of the distressed hotels market and CMBS special servicing.

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 to travel to ensure the safety of customers and clients when meeting face-to-face.

Statistics to Guide Restart of Tourism in the Caribbean

From the need for enhanced political engagement to developing relevant expertise, the World Tourism Organization, jointly with the Caribbean Tourism Organization, have united their Members in the Caribbean to address the key challenges they face in making effective use of statistics to drive the restart of their tourism sectors.

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How are Hotels Adapting and Innovating During COVID-19?

Covid-19 has hit businesses of just about every shape and size hard, but few have felt the effects quite as strongly as those in the hospitality industry. Bars, restaurants and hotels in many parts of the world have been forced to close as restrictions to limit the spread of the Coronavirus have taken hold.

Is togetherness the next destination for travel?

For generations, travel has inspired storytelling in books and songs and fueled the growth of cultures and civilizations. But over the last year, the world went on a different kind of journey, swapping passports for puzzles and beaches for binge-watching.

Prolonged travel restrictions during February half-term spells trouble for Europe’s ski resorts, says GlobalData

Prolonged travel restrictions could be the final nail in the coffin for resort operators in some European ski resorts as they depend solely on the winter season to survive. Even though snow coverage may not be at its prime towards the end of the season in mid-February, the February school half-term is an important income source as families seek to get away while children are not in school, says GlobalData, a leading data and analytics company.

Airbnb Announces Health Safety Attestation to Support Responsible Travel

We are announcing the development of Airbnb's Health Safety Attestation, a program to support our community as part of our continued work to prioritize health and safety during the ongoing pandemic. This voluntary tool will enable hosts to request that guests attest they are clear of common COVID-19 symptoms and have not knowingly been recently exposed to COVID-19, helping to empower hosts with information about health and safety that may be relevant for their preferences and needs.

Club Med Ushers In 2021 By Embracing A New Era Of Travel

An unprecedented 2020 was challenging for the travel industry, and also provided valuable insight into travel trends for the year ahead and beyond. Club Med, the pioneer of the all-inclusive resort concept, lends its expertise by sharing insights from the previous year and predictions for travel trends in 2021.

WTTC Responds To Latest Move By Canadian Government

Gloria Guevara, WTTC President & CEO, said: "The Canadian government's decision to suspend all flights to Mexico and the Caribbean until April 30, and impose hotel quarantines for all arriving passengers, will cause even further damage to its Travel & Tourism industry, which is already in a fight for survival due to the COVID-19 pandemic.

These Four Walls : 5 Ways To Make Quarantining At A Hotel Easier

The prospect of an extended stay at a hotel rarely has negative connotations. What is a hotel if not a magical place where you can tuck swimming pool-pruned fingers into room service fries, cloaked in a fluffy robe, on a bouncy-castle bed? As arduous as business travel can sometimes be, extending your hotel stay after the work element of your trip has ended is an indulgence.

Aimbridge Hospitality Achieves WELL Health-Safety Rating at Hotels Across North America

The global leader in third-party hotel management has achieved the WELL Health-Safety Rating at nearly 100 North American hotels, with 200 additional properties enrolled(PLANO, Texas - January 25, 2021) - Aimbridge Hospitality, the leading, global, third-party hotel management company, has earned the WELL Health-Safety Rating for Facility Operations and Maintenance at an initial 96 hotels across North America.

Gartner Survey Shows 73% of CMOs Will Fall Back on Low Risk, Low Return Strategies for 2021

Seventy-three percent of chief marketing officers (CMOs) report they will rely on existing customers to fuel growth in 2021, rather than looking to develop new markets, according to Gartner, Inc. The inaugural Gartner CMO Strategic Priorities Survey 2021 shows that 39% of CMOs plan to increase sales of existing products to existing customers, while 34% will introduce new products to existing customers in 2021 (see Figure 1).

Remington Hotels Leads First Hybrid Meetings Education Forum

On January 13, Remington Hotels hosted its first virtual "Hybrid Meetings Education Forum" attended by over 200 attendees. The event, co-hosted by several of Remington's leading partners in the meetings and event space, showcased Remington's updated processes and best practices, while also reinforcing its commitment to helping meeting planners navigate hosting events in response to the new normal.

U.S. Travel Reacts to CDC Int’l Travel Testing Mandate

U.S. Travel Association Executive Vice President of Public Affairs and Policy Tori Emerson Barnes issued the following statement on the announcement that the Centers for Disease Control and Prevention will issue an order requiring a negative COVID-19 test before boarding an international flight to the U.

Centara Helps to Safely Restart International Tourism in Asia

Centara Hotels & Resorts, Thailand's leading hotel operator, is playing a key role in helping to restart the Asian tourism industry, after its popular beachfront retreat on Sri Lanka's stunning southwest coast was selected to take part in an innovative new initiative to safely reopen the island to inbound visitors.

Sunstone Hotel Investors Improves Financial Flexibility And Enhances Balance Sheet Strength

Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, announced today that it has completed a series of balance sheet enhancing transactions that include: extending the waiver period of the financial covenant tests on the Company's $500 million undrawn revolving credit facility, $185 million of funded term loan facilities and $205 million of outstanding private placement senior notes ("Unsecured Debt Facilities"); addressing its remaining near-term maturities; providing resolution with the special servicer on the mortgage loan secured by the Hilton Times Square; and, reducing the Company's monthly cash burn.

Statement By The Global Tourism Crisis Committee

Meeting on the occasion of the Global Tourism Crisis Committee, virtually from Lisbon, Portugal, on 9 December 2020, to accelerate the coordination of international cross-border travel principles and protocols in view of a safe and seamless restart of tourism.

Staycations and Hybrid Meetings

In what now feels like a distant time, when business travelers were jet-setting around the world to attend meetings and events, some would tack on a couple of extra days to explore and enjoy the destination - a phenomenon that (for better or worse) has been dubbed "bleisure travel.

WTTC Says Closing Countries Are Counterproductive And Will Seriously Delay The Economic Recovery

Gloria Guevara, WTTC President & CEO, said: "While protecting public health is paramount, blanket travel bans cannot be the answer. They have not worked in the past and they will not work now. If a comprehensive and quick turnaround testing regime were in place at airports across the country to test all travellers before they depart, it would ensure only those infected with COVID-19 are isolated and are prevented from travelling.

Marriott International Announces COVID-19 Testing Availability and Optional Health Protocols for Groups In Expansion of Connect with Confidence Initiative

As part of ongoing steps to help instill confidence and provide exceptional experiences and solutions for meeting professionals and attendees, Marriott International has identified health protocol options, including COVID-19 testing, which meeting professionals may select for group meetings at certain Marriott branded hotels in the United States beginning in January 2021.

Travel in 2021: Safe, Slower, Soulful, Secluded, Sustainable

The pandemic has fundamentally changed the way we think and act, leading us to reflect on the motives and pursuits that continue to inspire us to see the world. Following a tumultuous year in tourism, our latest trend report delves into rapidly accelerating trends and forecasts the movements that will define international travel in the years to come—from slow holidays and emerging regenerative destinations, to the latest technologies employed by operators and airports.

Survey: Nearly 70% Of Americans Will Not Travel For Christmas

A recent national survey commissioned by the American Hotel & Lodging Association (AHLA) shows that nearly two-thirds (69%) of Americans will not travel for Christmas. With a new surge in COVID-19 cases, the CDC recommending that Americans do not travel over the holiday season and new stay-at-home orders in place in states across the country, the holiday season will compound the challenges already facing the hotel industry during this public health crisis.

UNWTO and CNN Partner for Global #RestartTourism Campaign

After partnering back in May for a campaign asking the world to be patient, responsible and "travel tomorrow", the World Tourism Organization and CNN International Commercial (CNNIC) have teamed up again to celebrate the transformative power being unleased as the restart of tourism gets underway.

Video: Travel expert Samantha Brown on How to Plan for Future Travel

With would-be travelers grounded by a global pandemic, 2020 has ushered in a new era of amateur bakers and whipped coffee enthusiasts. Yet every day, the desire to travel continues to grow. A recent survey, commissioned by Hilton, found that 95% of Americans said they are missing travel and 90% of respondents believe the country is experiencing a "Travel Memory Deficit" brought on by this lack of travel.

Portugal Hosts UNWTO Crisis Committee On Harmonization Of Cross-Border Travel Procedures

The Global Tourism Crisis Committee has met for the last time in 2020, to continue advancing coordination and cooperation among all parts of the sector. The virtual meeting of the Committee, established by the World Tourism Organization (UNWTO) at the start of the pandemic, was hosted by Portugal ahead of its Presidency of the Council of the European Union, beginning in January.

WTM London Proclaims Manifesto for Safer, Smarter and Greener Travel and Tourism

WTM London publishes a manifesto to guide policy-makers with concrete solutions to our present and future challenges The document had the support from UNWTO and WTTC, plus more than 200 international leaders (public and private sector) from the tourism industry who took part in the process through a Delphi method WTM London has declared its mission to work with governments and the private sector around the world to create a safer, smarter and greener travel and tourism industry.

Covid-19 And How It’s Changing The Event Industry

Reed Exhibitions today released its first 'COVID-19 and How it's Changing the Event Industry' White Paper, highlighting findings from its COVID-19 Customer Needs and Mindset Barometer, the largest and most ambitious research project ever undertaken by the company.

What A Vaccine Means For Duty Of Care

The COVID-19 pandemic has forced all organizations to take a closer look at their travel risk policies. Protecting the health and safety of travelers highlights the increasing importance of having a Duty of Care plan.

COVID-19: 5 Steps To Prep For Another Wave

In many countries globally, we are seeing second waves and there may be more to follow. We are beginning to see light at the end of the tunnel with the highly-promising emergence of vaccines with but there may be insufficient supply, at least initially, of a single vaccine.

Singapore’s ‘Travel Revive’ could be demonstrable example for MICE tourism recovery, says GlobalData

Singapore will not be able to rely on domestic tourism as only 176,000 domestic trips took place in 2019 when compared to 14.5 million international arrivals. Therefore, the country hosted the first physical travel trade show (Travel Revive) in Asia since the COVID-19 outbreak to boost inbound Meetings, Incentives, Conferences, Exhibitions (MICE) tourism.

Roadmap To Rebuild The Hospitality Sector

HOTREC, the European umbrella association of Hotels, Restaurants and Cafés, and its trade union counterpart EFFAT, the European Federation of Food, Agriculture and Tourism Trade Unions, call upon the EU and Member States to follow a range of proposed measures to put the hospitality sector back on track.

Update on Our Work to Support Frontline Workers

Airbnb Co-Founder and CEO Brian Chesky today announced a new commitment to support charitable and philanthropic organizations that are fighting COVID-19. Chesky intends to personally donate $10 million to non-profit organizations that support frontline workers who are responding to the COVID-19 crisis.

Survey: 7 Out Of 10 Americans Unlikely To Travel For Holidays

A new national survey commissioned by the American Hotel & Lodging Association (AHLA) shows that many Americans are not expected to travel this holiday seasons. Results show that 72% of Americans are unlikely to travel for Thanksgiving and 69% are unlikely to travel for Christmas, compounding the challenges for the hotel industry during this public health crisis.

UNWTO Brings Tourism Sector Together to Plan for the Future

The World Tourism Organization (UNWTO) has once again brought leaders from across the sector together for high-level talks aimed at strengthening cooperation between the public and private sectors. The 42nd Plenary Session of the United Nations specialized agency's Affiliate Members focused both on immediate priorities for tourism's vital restart and on the longer-term task of ensuring the sector continues to be a key pillar of sustainable development.

COVID Impacts Expected to Force Hotel Sales in 2021

HAMA's (Hospitality Asset Managers Association) member survey of the region's hotel Ownership was just completed, and results confirm what many industry watchers have been whispering for months. Eric Levy, MD of Tourism Solutions International viewed the results of this survey and commented "In my 30 years in the region, we have had many crises, this one is different.

New International Code To Provide Greater Legal Protection For Tourists

Tourists are to be given greater legal protection as consumers under new plans being advanced by the World Tourism Organization (UNWTO). With restoring confidence a key priority for the sector, the International Code for the Protection of Tourists advanced by UNWTO with the support of almost 100 Member States so far, will make the support available to tourists affected by emergency situations clearer and more consistent globally.

US tourism recovery may be hindered if President Trump wins second term, says GlobalData

With President Trump's surprise victory in 2016 likely being a contributing factor to a 2.1-percentage-point slowdown in the compound annual growth rate (CAGR) of international tourism in the US*, a second term for the Trump administration - combined with the ongoing impact of COVID-19 - does not provide the US tourism sector with a great deal of optimism, says GlobalData, a leading data and analytics company.

Hard Rock Hotels & Casinos® Introduces MEET SAFE + SOUND

Hard Rock International is delighted to announce Meet SAFE + SOUND, expanding the international hospitality brand's industry-leading SAFE + SOUND program into conference and event spaces. As in-person meetings and events begin to re-emerge, event planners and attendees can be assured that touchpoints at all properties are SAFE + SOUND.

Airbnb's Update on Trust

Almost one year ago, our CEO and co-founder, Brian, shared a note outlining significant steps we'd take in designing for trust on our platform. We made commitments to, among other things, introduce a guest guarantee, launch a neighborhood hotline, expand our risk assessment tools and verify the accuracy and quality standards of properties listed on the Airbnb platform.

The New Era of ‘Safety First’ Travelers

Coronavirus (COVID-19) has affected nearly every aspect of our lives. As travelers start to rediscover the world again, it's not surprising that the majority (79%) are planning to take more health and safety related precautions when traveling in the future with over half (59%) opting to avoid certain destinations altogether due to safety concerns.

Overwhelming Call for Rapid Testing Pre-Departure

76% of respondents believe that rapid testing prior to departure, and waiving quarantining requirements for those who test negative, to be the best way to open up international travel according to the latest Global Business Travel Association (GBTA) poll.

Hospitality Industry’s “Buy One, Give One” Campaign Jumpstarted Recovery Efforts With Over 65,000 Room Nights Purchased And Gave Back To Frontline Healthcare Workers

In response to the COVID-19 pandemic and its devastating effect on travel, the hospitality industry banded together to launch Buy One, Give One, a "vacay layaway" program. The initiative resulted in the purchase of more than 65,000 room nights for future stays, providing immediate revenue for participating hotel partners, who then donated room nights to frontline healthcare workers as a well-deserved "thank you.

Dusit partners with Pixel One to provide safe, dynamic and affordable solutions for hybrid meetings in Thailand

Dusit International, one of Thailand's leading hotel and property development companies, has teamed up with innovative Bangkok-based event management company Pixel One Production Co., Ltd, which specialises in audio-visual production solutions for MICE business, to deliver new services for virtual and hybrid meetings at Dusit Hotels and Resorts throughout Thailand.

HVS Asia Pacific Hospitality Newsletter - Week Ending 16 October 2020

Swansea Hotel Acquired by Hunter Group in Lake Macquarie, Australia, Singapore and Hong Kong Enters into In-Principal Agreement to Establish Bilateral Air Travel Bubble for Leisure Travel Without Need for Quarantine, Singapore and Indonesia Established Reciprocal Green Lane, Western Australia Premier Mark McGowan Announced 50,000 Affordable Airfares.

Accor Successfully Implements ALLSAFE Throughout Its Hotels And Resorts Worldwide

Accor today announced its continued action to lead the hospitality industry with the most stringent cleaning standards and operational procedures concentrated on guest safety. Following operational disruptions stemming from COVID-19, Accor has successfully reopened most of its hotels with 95% of them having already adopted the Group's trusted ALLSAFE cleanliness and hygiene protocols jointly developed with Bureau Veritas.

Survey: 9 In 10 Voters Support Congress Passing Another COVID Relief Bill To Help Distressed Businesses

Americans are concerned about the impact of the coronavirus pandemic on all aspects of the economy, and 90 percent support Congress passing another economic stimulus bill to help distressed small businesses and employees, according to a new survey of registered voters conducted by Morning Consult and commissioned by the American Hotel & Lodging Association (AHLA).

Airbnb's Commitment to Safer Travel: New Health and Safety Mandate

As people continue to find new ways to travel and host safely, in line with guidance and rules issued by local governments and health authorities, cleanliness remains a priority. Today, we announced hosts and guests must agree to follow Airbnb's COVID-19 Safety Practices, which include wearing a mask, practicing social distancing, and, for hosts and their teams, abiding by our five-step enhanced cleaning process.

G20 Tourism Leaders Commit to Intensify Efforts towards a Sustainable Recovery

Tourism Ministers of the G20 nations have committed to stepping up their efforts to place sustainability and inclusion at the heart of tourism recovery and future growth. The implementation of the World Tourism Organization AlUla Framework for Inclusive Community Development Through Tourism, presented on the occasion of the Ministerial Meeting, was welcomed by the G20 Tourism Ministers as a tool for achieving a fairer and more inclusive sector.

COVID Relief Now Coalition Releases New Ad

The COVID RELIEF NOW Coalition, comprised of more than 230 public and private sector groups, today released a new ad called "No Recess without Relief," imploring Congress to not leave town for the 2020 elections without passing additional COVID economic relief.

COVID Relief Now Statement

Last week's discouraging jobs report is further evidence that our economy will continue to struggle without comprehensive federal assistance, and if it does not happen now a full recovery will likely be delayed for years.

New Coalition Of Public And Private Sector Leaders Call On Congress To Act On COVID Relief Before Election

COVID RELIEF NOW, a new coalition of nearly 200 major public and private sector groups across the U.S., today called for "No Recess without Relief," imploring Congress to not leave town for the 2020 elections without passing additional COVID economic relief - stating millions of jobs and survival of small businesses as well as vital government services are on the line.

FINN Partners’ Travel Practice releases ‘Domestic Tourism – Recovery Starts at Home’ report

Ahead of World Tourism Day (27 September), FINN Partners' Travel Practice has released its report - 'Domestic Tourism - Recovery Starts at Home'. The report highlights 25 of the world's most innovative and creative domestic tourism campaigns that are being rolled out globally as examples of how domestic tourism is helping destinations recover while safeguarding jobs and protecting livelihoods until international travel returns.

Second Wave Brings Uncertainty to Business Travel Recovery

The majority of Global Business Travel Association (GBTA) companies expect their employees to return to in-person events in 2021. Almost half (45%) expect attendance to resume in the first half of the year, according to the latest poll conducted between September 15-19, 2020, by GBTA, with an additional 25% expecting a return to in-person events in the second half of 2021.

UNWTO Launches Comprehensive Tourism Recovery Tracker

As growing numbers of countries around the world ease restrictions on travel, the World Tourism Organization (UNWTO) has launched a new Tourism Recovery Tracker to support global tourism. This represents the latest concrete action undertaken by the United Nations specialized agency as it leads the response of global tourism and guides recovery.

WTTC Announces International Coordinated Plan to Save the Travel & Tourism Sector

Following various meetings with governments around the world and a letter signed by 120 CEOs of private companies, addressed to the Heads of State of the G7, the World Travel and Tourism Council (WTTC, for its acronym in English) hopes to finalize an international plan to save the travel and tourism industry from the worst threat in its history, due to the negative effects of the COVID-19 pandemic.

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