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WTTC Launches Safe Travels Protocols for Aviation, Airports, MICE and Tour Operators
June 1, 2020
London, UK: The World Travel & Tourism Council (WTTC) has unveiled the second phase of measures to rebuild global consumer confidence to encourage the return of travelling. The latest protocols are designed to drive the return of safe travel and enable industries, namely tour operators and convention centres, meetings and events to thrive once again. Detailed discussions took place with key stakeholders and organisations to ensure maximum buy-in, alignment and practical implementation, to set clear expectations of what travellers may experience in the ‘new normal’. Those relating to airports and airlines have been devised fol
Optimism Versus Reality
H. Keith Thompson | June 1, 2020
By H. Keith Thompson I am, by my very nature, an optimist. I don’t think you can be a hotel broker and not be an optimist. Optimism is welcomed, wonderful, and useful, but there must be some reality woven in. Today there are 40+ million people unemployed in the US, and it is expected that the May 2020 unemployment rate will be 20+/-%. For the hospitality industry, COVID has caused performance to plummet to levels never seen before. While I am happy to see public companies rebounding in stock value, a close friend of mine asked me what I believe could be the best question. Why? With hotels especially, as well as office, multifamily,
Austin Watkins Appointed Managing Director Marketing & Hospitality Sales at Timbers Resorts
Timbers Resorts | June 1, 2020
Winter Park, Fla. – Timbers Resorts, a leading developer and operator of boutique resorts, private residence clubs and fractional vacation homes in the world’s most sought after destinations, today announces the appointment of Austin Watkins as managing director – marketing and hospitality sales. In this role, Watkins will be responsible for developing, driving and overseeing the marketing direction for the company, as well as overseeing sales for the company’s resort and residential rental offerings. With over 27 years of experience in the luxury hospitality sector and an extensive background in global sales and marketing, Watkins
Scant Business at Europe’s Hotels Sends Profit to Historical Low
HotStats | June 1, 2020
April was a month of virtually no business volume for Europe's hotels, as the coronavirus spread across the continent, prompting countries such as Spain, Italy and Russia to impose lockdowns in order to flatten the infection curve. The result was pain across the operating statement, with GOPPAR recording its historical low at -€17.86, a 132.0% decline compared to April of 2019. With travel bans and mandatory stay-at-home orders in effect, occupancy fell by 69.7 percentage points YOY to single-digit levels, which, combined with a 44.1% drop in average rate, drove RevPAR down by 95.5%. The closure of F&B venues, as well as health clubs
Hospitality Financial Leadership – The Death of Lord Mountbatten
David Lund | June 1, 2020
By David Lund In the hotel business we are always welcoming guests that have a variety of different needs and stories. In my first summer working at The Algonquin Resort I had the adventure of a lifetime living in the staff residence with my new friends and co-workers while my parents’ house was but a few blocks away. It wasn’t until three or four years later that I learned who was sleeping in my bed at my parents’ house that summer. Someone who needed a place to hide. Someone who had a secret to keep. The town of St. Andrews N.B. is a special place. I grew up there and I have many fond memories. Many local characters seemed bi
Hospitality Ventures Management Group (HVMG) Assumes Management of Kentucky’s The Inn On Broadway Lexington
Hospitality Ventures Management Group | June 1, 2020
LEXINGTON, Ky., (June 1, 2020)—Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership and management company, today announced it has signed a management agreement to operate the Inn On Broadway in Lexington, Kentucky. “Particularly during the current environment, hotel owners are turning to trusted and proven operators to help their hotels maximize performance and weather the on-going crisis,†said Robert Cole, president & CEO, HVMG. “HVMG has been through the highs and lows of multiple cycles, making us as prepared as possible to navigate through the pandemic. We have come up wi
Davidson Hotels & Resorts Tapped to Manage Snowpine Lodge
Davidson Hotels & Resorts | June 1, 2020
ATLANTA (June 1, 2020) – Davidson Hotels & Resorts, one of the nation’s leading full-service hospitality management companies, announces the addition of the Snowpine Lodge to its expanding portfolio. Situated slopeside with unparalleled access to Alta mountain Ski Area in Alta, Utah, the resort features 54 luxurious guest rooms and suites; 14 deluxe dorm beds; Stillwell Spa; more than 10,000 square feet of flexible indoor/outdoor event space; two unique dining experiences; a fully stocked game room; a mountain-side pool and hot tubs, fitness center and yoga studio; outdoor firepits; ski lockers and Utah’s oldest ski shop, the Deep P
Charlestowne Hotels Inks Deal With The Thrash Group to Manage Ten Hotels
Charlestowne Hotels | June 1, 2020
Charleston, SC – June 1, 2020 – Charlestowne Hotels, providing full-service hospitality management, today announces a formal agreement with The Thrash Group, a national hospitality development company, to oversee their entire portfolio of hotels. Under this new agreement, Charlestowne will add ten properties to its portfolio – the management company’s largest single deal in its 40-year history. Five of the newly added properties are part of Origin Hotel, an independent brand of lifestyle hotels. “To say this has been a tumultuous year for hospitality would be an understatement. As we approach Charlestowne’s 40thanniversary, weâ