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The Changing Landscape of the Recruitment World
Shalloo Dhillon | August 4, 2020
COVID-19 has changed the Corporate World as we knew it in more ways than one, and recruiting is no different as the hiring process has changed significantly. Read our latest article to know more. By Shalloo Dhillon I have been a part of Human Resources and the recruitment world for over a decade now and can surely say that the COVID-19 has changed the very nature of recruitment just like it has impacted other businesses. As per our discussions with key industry stalwarts, companies are now adding new dimensions to executive profile while hiring, including a paradigm shift in the leadership profile. They are now looking out for executive
GBTA Calls on Congress to Take Action on Expanded Relief for Distressed Business Travel Industry
The Global Business Travel Association | August 4, 2020
Alexandria, VA – As the U.S. Congress negotiates a new coronavirus relief package for individuals and businesses, the Global Business Travel Association (GBTA) – the leading voice of business travel worldwide – has called on Congressional leadership to enact measures to renew business travelers’ confidence and to curb the devastating impact of the pandemic on this vital sector of the global economy. The August 3 letter to Congressional Leadership calls for increased funding for rapid COVID-19 testing across the U.S. and for additional financial relief for stricken travel businesses that continue to face the near-cessation of all work-
HFTP Offers New Digital Format for the Uniform System of Accounts for the Lodging Industry (USALI), 11th Revised Edition
HFTP | August 4, 2020
Hospitality Financial and Technology Professionals (HFTP®) has just released a new format for the USALI, 11th revised edition: a digital version that is available through a subscription service. The popular guide is widely used internationally and its primary purpose is to offer operating statements formatted to provide hotel owners, managers and other interested parties with operational information pertinent to the lodging industry. The USALI was first published in 1926 and is currently in its 11th edition. The subscription will make it easy to access on multiple digital devices. "In 2018, HFTP purchased the copyright to the USALI with t
How F&B Service Will Change Post-COVID
HotStats | August 4, 2020
As COVID-19 plows through the hospitality industry, it’s carving new paths to profit along the way. Moving forward, hotel food and beverage (F&B) services will be among the most transformed departments in the post-COVID-19 world. Already, the virus has changed how F&B services attract customers, and it’s altering the habits of guests. (In a prior post, we presented how social distancing could transform F&B operations.) Wondering how F&B services will change for hotels post-COVID-19? In this article, we’ll dig into the answer. What’s the State of Hotel F&B Services Now? Unfortunately, many business owners wi
Radisson Debuts in the Maldives With Opening of Radisson Blu Resort Maldives
Radisson Hotel Group | August 4, 2020
Singapore - August 4, 2020 - Radisson Blu, the upper-upscale brand that delivers personalized service in stylish spaces, has opened Radisson Blu Resort Maldives – a private island retreat in the Alifu Dhaalu Atoll which becomes Radisson Hotel Group’s first property in the Maldives. Nestled on Huruelhi Island and one other pristine islet, only 105 kilometers from Malé’s Velana International Airport, Radisson Blu Resort Maldives makes this dream destination more accessible than ever before. Guests can take a scenic 30-minute seaplane direct to the resort or a 20-minute domestic flight from Malé to Maamigili Airport followed by a 15-mi
Ryman Hospitality Properties, Inc. Reports Second Quarter 2020 Results
Ryman Hospitality Properties, Inc. | August 4, 2020
NASHVILLE, Tenn., Aug. 04, 2020 - Ryman Hospitality Properties, Inc. (NYSE: RHP), a lodging real estate investment trust (“REIT”) specializing in group-oriented, destination hotel assets in urban and resort markets, today reported financial results for the second quarter ended June 30, 2020. Second Quarter 2020 Highlights: Second quarter 2020 gross advanced room night bookings of approximately 733,000 room nights for all future years Year to date rebooked room nights through June 30, 2020 of approximately 552,600 room nights or approximately 40% of total room nights canceled related to COVID-19 Successfully reopened 4 of 5 Gay
Hyatt Reports Second-Quarter 2020 Results
Hyatt Hotels Corporation | August 4, 2020
CHICAGO (August 3, 2020) - Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today reported second-quarter 2020 financial results. Net loss attributable to Hyatt was $236 million, or $2.33 per diluted share, in the second quarter of 2020, compared to net income attributable to Hyatt of $86 million, or $0.80 per diluted share, in the second quarter of 2019. Adjusted net loss attributable to Hyatt was $183 million, or $1.80 per diluted share, in the second quarter of 2020, compared to Adjusted net income attributable to Hyatt of $82 million, or $0.76 per diluted share, in the second quarter of 2019. Refer to the table on page 13
Marriott International Signs Agreement With KJP Participaçoes LTDA to Bring W Hotels Brand to South of Brazil
W Hotels Worldwide | August 4, 2020
Marriott International, Inc. (NASDAQ: MAR) today announced that it has signed an agreement with KJP Participaçoes LTD to bring the W Hotels brand to Gramado, a mountain resort town in the Brazil’s southernmost state, Rio Grande do Sul. The property will be the second W Hotel to open in country and the fourth in the Southern Cone of Latin America. “To have a cutting-edge W hotel in Rio Grande do Sul, a destination ready for the brand’s bold design, signature Whatever/Whenever service and innovative programming is exceptional,” said Laurent de Kousemaeker, Chief Development Officer, Caribbean and Latin America for Marriott Internati