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Pebblebrook Hotel Trust Executes Contract to Sell Union Station Hotel Nashville, Autograph Collection
Pebblebrook Hotel Trust | May 27, 2020
BETHESDA, Md.-- Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that it executed a contract to sell the 125-room Union Station Hotel Nashville, Autograph Collection in Nashville, TN for $56.0 million to a third party. The sale of Union Station Hotel Nashville, Autograph Collection is subject to normal closing conditions, and the Company offers no assurances that this sale will be completed on these terms, or at all. The Company is targeting to complete the sale in the third quarter of 2020. This press release contains certain “forward-looking statements” made pursuant to the safe harbor provisions of the Priv
WTTC Launches World’S First Ever Global Safety Stamp to Recognize ‘Safe Travels’ Protocols Around the World
May 27, 2020
London, UK: The World Travel & Tourism Council (WTTC) has launched the world’s first ever global safety and hygiene stamp. The specially designed stamp will allow travellers to recognise governments and businesses around the world which have adopted health and hygiene global standardised protocols – so consumers can experience ‘Safe Travels’. The landmark move by WTTC, which represents the global Travel & Tourism private sector, has also received the backing of the influential United Nations World Tourism Organization (UNWTO). Eligible businesses such as hotels, restaurants, airlines, cruise lines, tour operators, res
AHLA Applauds Introduction of Bipartisan Per Diem Bill
AHLA | May 27, 2020
WASHINGTON (May 27, 2020) – The American Hotel & Lodging Association (AHLA) today expressed support for H.R. 6995, bipartisan legislation introduced by Representatives Bill Posey (R-FL) and Charlie Crist (D-FL) to preserve federal per diem-reimbursements rates from being set below a certain level. General Services Administration (GSA) rates will be adversely impacted through 2022 and beyond due to the severe drop in hotel room rates and occupancy resulting from the COVID-19 crisis which brought travel to a virtual halt. The following statement is attributable to Chip Rogers, President and CEO of AHLA: “Government travel is incredib
Hospitality With Heart: Successfully Branching Out Into the Pandemic Relief Effort
Beatrice Venturini | May 27, 2020
By Beatrice Venturini Since the worldwide safety measures to combat COVID-19 were announced two months ago, much has been written about the disastrous impact of lockdown on industry, none more sensitive than the sector of F&B, hotels, airlines and travel. The litany of nosediving businesses faced with immediate crisis was diametrically opposed to the spread of the virus in full ascent. While we wait to see if the worst is over and what the new security measures entail, it’s inspiring to read of how certain hospitality establishments have made a success in reminding us that empathy, community and inventiveness are as much at the heart
With Clairvoyix, Hotels Can Direct Market to Their Meeting Planners and They will NOT Have a Payment Due Until 2021
Clairvoyix | May 27, 2020
Clairvoyix extends their successful Rapid Recovery Response program to help hotels and resorts when and how they need it most. LAS VEGAS, NV (May 27, 2020) – Clairvoyix, the leader in enterprise class, hospitality-specific marketing automation, announces their latest program designed to give hotels and resorts who are ready to market to groups some much needed financial relief. The Clairvoyix Rapid Recovery Response – R3© solution is being extended to address the problem of marketing to meeting planners that may not want to book until the fourth quarter of 2020 or even into 2021. “We recognize that many hotels and resorts have h
Beekeeper COVID-19 Global Webinar to Tackle ‘The Hotelier’s Guide to Mastering the Next Normal’
Beekeeper | May 27, 2020
Hospitality experts will discuss policy and procedure changes and their implications in the days ahead as hoteliers globally prepare for reopening San Francisco and Zurich, May 27, 2020 — As the global hospitality industry prepares for reopening, hotel employees will be required to follow new policies and procedures and assume expanded roles that will necessitate significant communication and training. To help prepare these valued workers for what lies ahead, Beekeeper is hosting the fourth event in its COVID-19 Webinar Series titled "The Hotelier’s Guide to Mastering the Next Normal." During this 60-minute on-line forum, a panel of wo
Cendyn and DerbySoft Collaborate to Provide Hoteliers With Advanced Metasearch Capabilities
Cendyn | May 27, 2020
Collaboration makes it possible for hoteliers to leverage AI to address the complexities in the metasearch marketplace. Wednesday, May 27, 2020 – Boca Raton, FL – Cendyn, the leading innovator in CRM, digital marketing, sales, and revenue strategy for the hospitality industry, announced today a collaboration with DerbySoft, a distribution and digital marketing services platform focused across the hospitality sector. This collaboration will provide hoteliers with the means to use the smartest artificial intelligence (AI) in the industry to power their metasearch advertising. Collaborations between hospitality technology specialists
Statement on Marriott International’s COVID-19 Update to Associates
Marriott International | May 27, 2020
Marriott International today provided an update to the company’s global workforce on the continuing impact of COVID-19 on its business. The COVID-19 pandemic is having a more severe and sustained financial impact on Marriott’s business than 9/11 and the 2008 financial crisis, combined. From the first warning signs of this unprecedented event, the company took a number of steps to adapt and strengthen its business including reducing costs significantly and improving its liquidity. Today, Marriott informed its associates that the company will need to implement additional measures in light of the increasing likelihood that it will be some