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STR: Canada Hotel Results for Week Ending 30 May
STR | June 4, 2020
HENDERSONVILLE, Tennessee— STR data for 24-30 May 2020 shows Canadian hotel performance up slightly from previous weeks with the same significant level of year-over-year declines. In comparison with the week of 26 May through 1 June 2019, the industry reported the following: Occupancy: -70.4% to 21.4% Average daily rate (ADR): -40.1% to CAD102.82 Revenue per available room (RevPAR): -82.3% to CAD22.04 The previous three weeks produced absolute occupancy levels of 18.9%, 18.4% and 17.5%. British Columbia (25.3%), Saskatchewan (22.9%), Ontario (22.2%) and Alberta (20.0%) were the provinces with occupancy of at least 20.0%.
The Case for Targeted Federal Aid to DMOs and Tourism Agencies
Thomas A. Hazinski | June 4, 2020
By Thomas A. Hazinski, Joseph Hansel The COVID-19 pandemic has placed at risk the substantial investment of state and local governments in the tourism and hospitality industries. Publicly funded destination marketing organizations (“DMOs”), tourism agencies, and convention centers face budget shortfalls, staffing reductions, and growing financial uncertainty. Targeted federal aid is urgently needed to support DMOs, tourism agencies, and convention centers whose work is critical to the recovery of vital sectors of the US economy. Introduction The COVID-19 crisis has shined a spotlight on the importance of public sector investme
61% of Americans Plan to Visit Family and Friends for First Vacation After Covid-19 According to ValuePenguin.com Survey
ValuePenguin.com | June 4, 2020
NEW YORK, June 4, 2020 - Due to the coronavirus pandemic, many Americans found visiting family and friends to be a challenge and others were unable to do so at all. As everyone preps for the new normal, many Americans are eager to get back on the road and enjoy some quality time with loved ones. In a recent survey by ValuePenguin, more than 61% of Americans will visit family and friends before taking leisure vacations. As restrictions continue to ease, Americans will travel to these popular destinations: Florida, California, and New York for vacation. First upcoming trips will revolve around family and friends: 47% of Americans sai
Eldorado Resorts to Reopen Five Nevada Casinos Today
Eldorado Resorts | June 4, 2020
RENO, Nev.--Eldorado Resorts, Inc. (NASDAQ: ERI) (“Eldorado,” “ERI,” or “the Company”) announced that it will resume operations at Eldorado Resort Casino, Silver Legacy Resort Casino and Circus Circus Hotel Casino in Reno, MontBleu Resort Casino Spa in Lake Tahoe and Tropicana Laughlin today, Thursday, June 4, 2020. With today’s reopenings in Nevada, 16 of Eldorado’s 23 casino entertainment facilities have resumed operations following the suspension of operations in March. “We are excited and grateful to be able to reopen our casinos in Nevada. As we resume operations at our facilities across the country, the health and s
How to Make Sure Your Hotel Is Ready When the Economy Turns Back On
HotStats | June 4, 2020
COVID-19 has smashed into the global economy like a rogue asteroid. And it has left a crater in the travel industry. However, as the dust settles, travelers will soon emerge from the wreckage and start traveling again. When the economy does turn back on, the world won’t go back to business as usual. Even when demand is restored, the aftermath of COVID will linger and weigh on the decisions travelers make. Luckily, there are ways to prepare for higher hotel profit in a post-COVID economy. Here are some steps hoteliers can take now in order to thrive when the economy turns back on. Use Data to Prepare a Hotel Rehiring Plan With the ec
IHG Partners With BEKL for New-Build voco South Melbourne
IHG | June 4, 2020
IHG’s colourful voco™ brand continues to make a splash in Australasia with the seventh hotel, voco South Melbourne, added to the pipeline. Scheduled to open in early 2023 in partnership with forward-thinking Melbourne-based developers, BEKL, the new-build voco South Melbourne will be a different way to stay at the northern end of St Kilda Road, where accommodation options are currently limited to serviced apartments. Experienced hotel architect and interior designer, Plus Architecture, will design the 171 rooms focusing on the ‘Me Time’ concept, where guests can look forward to a great night’s sleep with premium beds, innovati
IHG Signs With Westmont Hospitality Group to Open InterContinental Rome in 2022
IHG | June 4, 2020
A multi-million-euro investment is behind IHG’s plans to open InterContinental Rome in 2022, marking a welcome sign of confidence in the Italian tourism industry at this challenging time. The luxury hotel will be set on the iconic Via Veneto, in the Ludovisi area of the city, close to the Villa Borghese. The existing property - which includes 160 rooms and suites, a restaurant, bar, spa and public areas - will be restored to create a sense of discreet, modern luxury for visitors and locals alike. Designed in the early 1900s by architect Carlo Busiri Vici in the neo-renaissance style, the palazzo building was originally home to ambassa
Max Scherff Appointed as General Manager of The Red Lion Inn
Main Street Hospitality Group | June 4, 2020
STOCKBRIDGE, MA (June 4, 2020) Max Scherff has been appointed general manager at The Red Lion Inn. In his new role, Scherff will oversee the historic hotel’s operational strategy to ensure flawless execution of Main Street Hospitality’s quality standards of service and hospitality. As general manager, Scherff will be responsible for creating and maintaining a customer-driven hotel. He will also oversee and inspire employees to meet and exceed guest expectations by consistent delivery of both product quality and service excellence. Additional responsibilities include collaborating with Main Street’s vice president of operations and di