Latest Hotel Industry News

Cancellations Rates: Where Do They Stand And How Can You Overcome Them?

2021-06-11 21:52:33 +0200 | Source: Hospitalitynet

Hotel cancellation rates have been steadily rising for years, in part fueled by a culture of ‘book now, pay later’ created by OTA giants. Covid did not create cancellation habits – it will perpetuate... Read more

U.S. Travel Praises Administration Steps To Reopen Int’l Travel

2021-06-11 13:51:15 +0200 | Source: Hospitalitynet

U.S. Travel Association President and CEO Roger Dow issued the following statement on the forthcoming announcement that the Biden administration will form “working groups” to determine the path to... Read more

WTTC Research Reveals Travel & Tourism Sector’s Contribution To Japan’s GDP Dropped By $138 Billion In 2020

2021-06-11 13:48:12 +0200 | Source: Hospitalitynet

COVID-19 sparks a dramatic 37% fall in the sector’s contribution to GDPMore than 290,000 jobs lost, while many more remain protected by the expansion of the employment scheme However, the return of international... Read more

ITC Hotels Opens The Welcomhotel Tavleen Chail

2021-06-11 13:00:27 +0200 | Source: Hospitalitynet

Welcomhotel, hospitality brand from the ITC Hotels group, launches its second property in Himachal Pradesh — Welcomhotel Tavleen Chail — with 65 well-appointed guest rooms, including 18 fairytale cottages... Read more

Courtyard By Marriott Brand Will Debut To Sri Lanka

2021-06-11 12:43:37 +0200 | Source: Hospitalitynet

Marriott International, Inc. signed an agreement with Colombo City Centre Partners (Private) Limited, part of the Abans Group, one of Sri Lanka's largest conglomerates with diversified interests in retail,... Read more

Hospitality Financial Leadership - 1 To 1 Mentorship Program Menu

2021-06-11 12:36:47 +0200 | Source: Hospitalitynet

Hospitality Financial Leadership Mentoring & Coaching Program Here is an overview of the program features & benefits. Program 1.Financial Leadership 2.Business Principles 3.Financial Statements 4.How to Read a... Read more

Meliá Hotels International: Annual General Meeting 2021

2021-06-11 12:19:21 +0200 | Source: Hospitalitynet

Gabriel Escarrer Julià: "I can assure you that we have been through very difficult crises and situations over more than six decades in business, but never has their impact been so great as to force us to... Read more

Vail Resorts CEO To Donate $29.3 Million From SARs Exercise; Announces Racial Justice As Added Focus Area For Family Foundation

2021-06-11 11:39:00 +0200 | Source: Hospitalitynet

Vail Resorts, Inc. (NYSE: MTN) announced that Chairman and Chief Executive Officer Rob Katz has exercised stock appreciation rights (SARs) that were set to expire in 2022, and will be making a charitable donation of... Read more

Great Expectations: How To Prepare Your Travelers For Their First Hotel Stay

2021-06-11 11:16:13 +0200 | Source: Hospitalitynet

In countries around the world, millions of people – now fully-vaxxed and relaxed - are emerging from the stagnation of lockdown, and booking hotel rooms with a 'Roaring Twenties’ fervor. The U.S hotel... Read more

Is A University Education The Way To Go In The Hospitality Industry?

2021-06-11 10:24:00 +0200 | Source: Hospitalitynet

I entered the hospitality industry by starting a three-year apprenticeship at the Hyatt Regency Hotel in Düsseldorf, Germany. Before committing to a bachelor's program, I wanted to discover whether this was... Read more