Analysis: At what occupancy rate can a hotel break-even?

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22/5/2020
By David Eisen and Laura Resco, HotStats


COVID-19 has made breaking-even more tolerable than the alternative - going broke. It's not the hand hoteliers wanted, but it's the hand they've been dealt, forcing them to approximate at what occupancy rate they can operate their hotel such that cost and revenue are equal.

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GBTA study finds more than half of companies considering resuming travel in near future

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22/5/2020

There continues to be small signs of optimism in the travel sector according to new research issued today by the Global Business Travel Association. Health and safety measures have always been a cornerstone of travel and are now of significant importance as the industry tries to gain momentum for recovery.

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WTTC outlines what "the new normal" will look like as we start to travel

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15/5/2020

 

“Travelling in the New Normal” is part of WTTC’s plan which includes critical steps and coordinated actions, including new standards and protocols, which offer a safe and responsible road to recovery for the global Travel & Tourism sector as consumers start planning trips again.

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Top travel trends for 2021, according to experts

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15/5/2020
standard.co.uk
by Laura Hampson


Ringing in the 2020 New Year, it’s likely you had big travel plans for the year ahead. Perhaps you were counting down the days until you’d fly and flop onto a Portuguese beach, or perhaps you wanted to finally tick spotting the Northern Lights in Norway off your bucket list?

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Hotel profit plunges amid COVID-19 rise in europe

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1/5/2020
hotstats.com
 

With cases in China starting to plateau, the World Health Organization (WHO) declared Europe to be the new epicenter of the coronavirus outbreak in March, fueled by the rapid expansion of the virus across Italy and Spain. This prompted governments across the region to scale up the measures to contain the spread, and several lockdown and quarantine orders ensued.

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