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The Impact of COVID-19 on Hotel Occupancy Levels in Athens and Thessaloniki
Pavlos Papadimitriou | April 23, 2020
By Pavlos Papadimitriou, Nana Boussia Introduction Imagine for a minute you are a hotel investor seeking after promising opportunities into developing destinations that you consider they have untapped potential. Looking back at the period 2012-19, Greek tourism was breaking one record after another. Following a nadir of 21 million that was caused to a great extent by the rumors about Greece’s potential economic default and the consequent negative publicity accompanied by political instability back in 2012, foreign tourist arrivals have been constantly growing since then at a Compound Annual Growth Rate of 8.4% to reach 37 million in 2
White Lodging Plans Fall Opening of 182-Room Union Club Hotel at Purdue Following Renovation
White Lodging | April 23, 2020
West Lafayette, IN (April 23, 2020) – The renovation of the 182-room iconic Union Club Hotel at Purdue University remains on schedule and is expected to welcome guests starting in the fall semester. The hotel’s management company, White Lodging, recently announced the hotel’s leadership team, which includes Victoria Wicks, general manager; Brett Ociepka, assistant general manager; and Stephanie Portrey, director of sales and marketing. “We’re all adjusting to what might be the new normal as we emerge from this health crisis,” said Wicks. “There’s no predicting the future, but our focus, in addition to ensuring the safety
COVID-19 Webinar Summary: 5 Key Points on Latin America
STR | April 23, 2020
STR remains committed to keeping the hospitality industry updated on the impact of the COVID-19 pandemic, and our webinar series will provide in-depth updates on world regions around the globe. However, if you are unable to watch the full recording during this stressful time, you can find a summary of key points below. Peru occupancy reflects government measures to combat the spread of COVID-19 Peru was one of the first countries in the region to implement measures to combat the spread of COVID-19. The country’s year-over-year occupancy declines eased slightly during the first week of April due to an influx of medical workers and firs
STR: Canada Hotel Results for Week Ending 18 April
STR | April 23, 2020
HENDERSONVILLE, Tennessee—Showing further COVID-19 impact, the Canadian hotel industry recorded steep year-over-year declines in the three key performance metrics during the week of 12-18 April 2020, according to data from STR. In comparison with the week of 14-20 April 2019, the industry reported the following: Occupancy: -77.7% to 12.8% Average daily rate (ADR): -31.8% to CAD101.23 Revenue per available room (RevPAR): -84.8 to CAD13.00 Among the provinces and territories, Quebec experienced the largest drop in occupancy (-90.0% to 6.2%), which resulted in the steepest decrease in RevPAR (-92.9% to CAD6.47). British Col
From Chaos to Coping, FIU Chaplin School of Hospitality & Tourism Management Professor Lisa Cain Offers Helpful Advice on the Challenges of Worki...
Lisa Cain | April 23, 2020
MIAMI, FL. – April 2020 … Apart, isolated, inaccessible and distant – these definitions of the word remote have taken on new meaning to the millions of professionals now working from quarantined homes around the globe. The COVID-19 virus has changed the working landscape, perhaps forever. Workers are cut off from their corporate support teams, colleagues and clients. Many are faced with new responsibilities of homeschooling and managing children. All are trying to function in a time of chaos, fear, financial uncertainty and profound frustration. The hospitality industry has been especially hard hit and the Chaplin School of Hosp
Vizergy Launches New Brand Website for Hard Rock International: Focusing on Customer Engagement While Elevating the Hard Rock Experience
Vizergy Digital Marketing | April 23, 2020
Hard Rock has partnered with Vizergy Digital Marketing to launch an innovative new website site that seeks to keep customers engaged with the brand and create awareness with creative functionality and a world class user experience. Having a deep understanding of their customers’ needs, Hard Rock has developed an online platform that caters to a variety of desired experiences, from mobile games for kids, to interactive casino gaming for adults. The Hard Rock team is continuing to find innovative ways to provide their loyal guests with Hard Rock experiences, highlighting their hotels and resorts, cafes, music venues and casinos. Want to
IDeaS Awards 2020 Cornell Revenue Management Scholarships
IDeaS | April 23, 2020
IDeaS awards six new scholarships to advance the careers of hotel revenue leaders from around the world Tweet This: @IDeaS_RevOpt awards six hospitality professionals with prestigious revenue management scholarships in partnership with Cornell University www.ideas.com/news #RevenueScience #TheFutureofRM MINNEAPOLIS—April 23, 2020—IDeaS, the world’s leading provider of revenue management software and services, today announced the 2020 IDeaS Cornell Revenue Management Scholarship recipients, continuing its ongoing scholarship program to foster professional development in the field of revenue management. IDeaS 2020 Cornell Rev
There’s Magic in Managing the Details
Shep Hyken | April 23, 2020
By Shep Hyken “Detail is no detail.” I’m not sure where I heard this first. I even did a Google search and couldn’t find it. Maybe I made it up. If I did, this is what I meant by it: details are important. They must be purposeful. Some of the “little things” that seemingly don’t matter can actually be very important. An example of this comes right out of my recently released book, the updated and revised version of The Cult of the Customer. On page 163, I wrote, “Our perceptions of the organizations with which we choose to work are inevitably shaped by a sequence of seemingly little experiences that can go either