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Avoid Cost Overruns During Hotel Renovations
Cicero's Development Corporation | July 17, 2020
An accurate Scope of Work gives direction, timeline and purpose to renovation PLAINFIELD, IL, JULY 16, 2020 - Renovating a hotel can be a daunting task, one fraught with financial risks. However, by carefully determining the Scope of Work, the sticky issues that might derail a renovation project can be addressed effectively and strategically before the first day of construction. First off, what is a scope of work? A scope of work is a detailed document explaining exactly what is expected of a team completing a construction contract. It contains information that gives direction and purpose to every facet of a renovation—information hot
PolyU Tripartite Hospitality Programme Won McCool Breakthrough Award
PolyU’s School of Hotel and Tourism Management | July 17, 2020
(17 July 2020) The Master of Science in Global Hospitality Business (MGH) programme was selected as the McCool Breakthrough Award recipient for 2020 by the International Council of Hotel, Restaurant, and Institutional Education (I-CHRIE), the world’s largest organisation of hospitality and tourism educators, for its innovative approach of this graduate degree programme. The tripartite programme is jointly offered by the School of Hotel and Tourism Management (SHTM) of The Hong Kong Polytechnic University, École hôtelière de Lausanne (EHL) in Switzerland and the Conrad N. Hilton College of Hotel and Restaurant Management at the University
Radisson Signs 15 New Hotels Across EMEA in Q2 2020
Radisson Hotel Group | July 17, 2020
Brussels - July 16, 2020 - Radisson Hotel Group announces 15 new hotel signings across EMEA in Q2 2020. The new signings re-affirm the Group’s commitment to its ambitious 5-year development plan. Radisson Hotel Group continues to expand its new brand architecture and further strengthen its presence across EMEA. Elie Younes, Executive Vice President & Chief Development Officer, Radisson Hotel Group, said: “Our business is based on long term relationships built on trust and responsibility. Despite the unprecedented challenges we face, we continue to work closely with our stakeholders to support the business. We consequently expanded o
Travelers Confused by Inconsistent COVID-19 Travel Rules and Advice Across Europe
July 17, 2020
Lack of alignment will slow down the Europe-wide recovery Proper co-ordination by European governments could create a 10 million jobs boost London, UK: The World Travel & Tourism Council (WTTC) has called for more consistent travel rules and COVID-19 advice by European countries to counter confusion by travellers and holidaymakers. Those journeying to Europe for the first time since travel restrictions began to ease have faced a baffling array of different types of travel rules and advice – with each country across the continent emerging from the COVID-19 pandemic at different stages, which is delaying the recovery. The une
Travel Industry Outlines Relief Needs as Reopenings Falter
U.S. Travel Association | July 17, 2020
Recent News Has Hurt Americans’ Views on Traveling, Polling Shows WASHINGTON (July 17, 2020) - Amid a new round of coronavirus-related economic closures and fresh data that Americans are as wary as ever of traveling, the devastated U.S. travel industry on Friday submitted to Congress and the administration its policy requests for the next coronavirus relief package. The slate of proposals includes measures to help travel employers survive the worst of the downturn; assistance with health-related necessities such as robust sanitation and personal protective equipment; and, eventually, incentives to get Americans safely traveling again
Hotel Industry Releases Top 5 Requirements to Travel Safely
AHLA | July 17, 2020
Face Coverings, Physical Distancing to be Standardized at Hotels; Download the Guest Checklist WASHINGTON (July 16, 2020) – The American Hotel & Lodging Association (AHLA) today released the “Safe Stay Guest Checklist” for guests on how to travel safely while also creating a standardized safety experience nationwide. This checklist is part of AHLA’s Safe Stay guidelines, an industry-wide, enhanced set of health and safety protocols designed to provide a safe and clean environment for all hotel guests and employees. The Safe Stay Guest Checklist includes: Require face coverings in all indoor public spaces and pract
The Impact of Social Distancing on Hotel F&B Operations
HotStats | July 17, 2020
When 2020 is over and done with (could not come sooner, right?), “social distancing” will be the frontrunner for buzz term of the year. It doesn’t even matter that the World Health Organization has lobbied vigorously for the phrase to be dropped in favor of “physical distancing.” Poppycock ... hogwash ... piffle ... social distancing shall proceed as the preferred patois of the pandemic. Social distancing will play a key role in hospitality operations going forward, and in no place will this be more pronounced than food and beverage operations (F&B), which include restaurants, bars and conference and banqueting. F&
U.S. Hotel Transactions Down 74% Due to COVID-19
STR | July 17, 2020
BROOMFIELD, Colorado—U.S. hotel transactions were down 74% year over year from March to May 2020, according to the just-released Hotel Transaction Almanac produced by STR’s Consulting & Analytics office and CoStar Group. “The industry went from a position of record profit levels to financial distress in a matter of weeks, creating a shift in focus for those in the transactions community,” said Hannah Smith, a senior consultant at STR. “Looking ahead, we expect transaction activity to eventually pick up, while pricing will continue to decline later in the year, as investors look to acquire distressed assets at a discount. Wh