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Travel CEOs Urge Federal Action on COVID-19 Testing
The U.S. Travel Association | July 27, 2020
WASHINGTON (July 27, 2020)—Fourteen CEOs of America’s most recognizable travel-related companies sent a letter to the president and congressional leaders Monday stating that more and better COVID-19 testing is an indispensable component of pursuing an economic recovery, and urging a stepped-up federal role in making effective testing more widely available. The letter stresses that a sustained recovery will depend on a comprehensive set of measures to provide relief, protection and stimulus for U.S. employers, but says that testing should be incorporated in the next legislative package—specifically the TEST Act that has been introduce
Welcome Back Guests With Certainty
Vizergy® Digital Marketing | July 27, 2020
By Kristen Sullivan With travel resuming after the unprecedented COVID-19 pandemic, travelers are looking for newly implemented safety procedures when determining which hotels to patron. More companies are taking the approach of digitalizing certain aspects of their business to create a contact-less experience that guests will appreciate. Having an interactive, user-friendly website serves as the foundation of your online presence. However, there is more you can do relatively quickly to assure guests you have safety and positive experiences in mind. Here are 6 ideas to start: 1. Contactless Check-in/Check-out Providing an online check
STR: Canada Q2 2020 Hotel Performance
STR | July 27, 2020
HENDERSONVILLE, Tennessee—Due to the impact of the COVID-19 pandemic, the Canadian hotel industry reported all-time lows in the three key performance metrics during Q2 2020, according to data from STR. Compared with Q2 2019: Occupancy: -71.4% to 19.4% Average daily rate (ADR): -36.4% to CAD106.66 Revenue per available room (RevPAR): -81.8% to CAD20.72 The absolute occupancy and RevPAR levels were the lowest for any quarter in STR’s Canada database. In absolute values, April was Canada’s lowest month of the quarter for each of the three metrics: occupancy (14.0%), ADR (CAD100.94) and RevPAR (CAD14.13). The country saw
COVID-19 Causes Modest Shifts in 2020-21 School Break Calendars
STR | July 27, 2020
HENDERSONVILLE, Tennessee—While questions remain regarding the return of in-person learning in schools throughout the U.S., STR’s annual School Break Report shows only modest shifts in academic calendars for the upcoming year. The report summarizes vacation break dates in 2020-21 for a robust sample of U.S. public K-12 school districts, colleges and universities. As a result of COVID-19 shifts in previously approved calendars, STR implemented extra measures to ensure the accuracy of 2020-21 calendar data with additional information included regarding e-learning (remote) scheduling and other specialized data points. “Aside from the
Kyle Bass to Acquire 50% of the Assets of Fiamma Partners
Kyle Bass | July 27, 2020
DALLAS - Kyle Bass, Founder and Chief Investment Officer of Hayman Capital Management, has acquired a 50% equity stake in four real estate development and management companies owned by Frank Zaccanelli. Bass’ company, Mossad Bass, LLC, acquired 50% of Fiamma Partners, Fiamma Management, and Fiamma Statler, which have ownership interests in The Statler Hotel in Downtown Dallas. Bass also acquired 50% of the Zaccanelli-held company FZ WLRW, which owns part of the Entrada development in Westlake, Texas and the Riverwalk at Central Park development in Flower Mound, Texas. The deal will enhance the go-forward strategy of Zaccanelli’s
Global Hotel Profit Performance Sticks to Script
HotStats | July 27, 2020
In 1973, English rock band Led Zeppelin was filmed over three days of concerts at Madison Square Garden in New York. The footage was released three years later under the title: “The Song Remains the Same.” The film was promoted as the first time the world had a front row seat to the legendary band. Unfortunately, as the hotel industry continues to labor through COVID-19 and its impact, the emerging trend mirrors the Zeppelin title: “The Story Remains the Same.” A front row seat to a fright show. As the second quarter of 2020 closed, global regions continued to struggle with the effects of the coronavirus, with some areas jum
From Lockdown Staycation to Sustainable Tourism: Accelerating Change
July 27, 2020
During the current public health crisis, we have grown perhaps a little too familiar with our own four walls. COVID-19 and the widespread lockdown has forced upon us a period of reflection, removing the possibility of travel altogether in the interim. What with closed borders, cancelled flights and several ports having suspended their operations, we are increasingly looking for ways to get that holiday feeling from the comfort (or discomfort, as the case may be) of our homes. When we consider the prospect of resuming travel, some of us may be all the more eager thanks to pent-up demand, while others may be tentative about braving the big w
HFTP Introduces CYBER HITEC 2020, A Virtual Platform for the World’s Largest Hospitality Technology Event
HFTP | July 27, 2020
The interactive online event will present a comprehensive education, exhibits and networking program; starting with three live days and continuing on-demand access to the event’s resources for one month. Hospitality Financial and Technology Professionals (HFTP®) has unveiled the details for its virtual CYBER HITEC. The 47-year Hospitality Industry Technology Exposition and Conference (HITEC®) recently pivoted from an in-person to a virtual program, but still retains the full-breadth of features and expertise HITEC is known for. Stepping into the virtual event, a participant will encounter education planned and presented by industry in