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sbe Starts Hiring of 1,000 New Team Members for C3 Amid COVID-19
C3 | April 16, 2020
Sam Nazarian to Commence Recruitment Immediately to Staff 138 Ghost Kitchens Opening by End of 2020 Nazarian will Prioritize Employees Furloughed at Other Restaurants and Properties Due to COVID-19 MIAMI, April 16, 2020 -- Sam Nazarian, Founder and CEO of sbe, the leading lifestyle hospitality company that develops, manages and operates award-winning global brands, today announced that recruitment has begun for 1,000 newly-created positions across the country for sbe's C3 (Creating Culinary Communities) subsidiary. As part of the opening of [food halls] and 138 ghost kitchens before the end of the year, C3 is hiring across the entire organi
IDeaS Provides Ongoing Client Support and Hotel Industry Guidance During COVID-19 Crisis With New Podcast and Webinar Series
IDeaS | April 16, 2020
IDeaS produces new podcast season and webinar series in effort to provide insights and unite the global hospitality community during these challenging times Tweet This: @IDeaS_RevOpt launches a podcast that takes an intimate look at how hotels are managing and coping with the COVID-19 outbreak as well as a webinar series helping clients manage their IDeaS solutions in response to business impacts. www.ideas.com/news #rev MINNEAPOLIS—April 16, 2020—IDeaS Revenue Solutions, the world’s leading provider of revenue management software and services, launched today a special Unconstrained Conversations podcast season taking an intimate
Thermal Imaging and Its Potential Effect on The Travel and Hospitality Sector
Alan E. Young | April 16, 2020
By Alan Young These days, you can’t help but notice that virtually every COVID-19 news clip has repeatedly depicted a person being screened for fever using some device that looks like it is from Star Trek. The use of the non-contact handheld infra-red thermometer has become, somewhat disturbingly, commonplace. So does this mean our ‘new normal’ will include the frequent practice of our temperatures being monitored via these portable infrared devices wherever we go? Or scarier yet - will it become necessary to scan entire crowds through the use of thermal imaging? Right now, of course, this is only speculation, but signs are pointi
U.S. Travel Association Announces Cancellation of IPW 2020
The U.S. Travel Association | April 16, 2020
WASHINGTON (April 16, 2020)—U.S. Travel Association President and CEO Roger Dow issued the following statement: "Following a thorough decision-making process in which we explored every viable option to proceed this year, we are saddened to announce that IPW 2020 is cancelled. "The circumstances surrounding the coronavirus pandemic—including global travel restrictions, flight reductions, mandated social distancing, and stay-at-home orders both in the U.S. and abroad—have made this year's event impossible to execute. "We will be providing updates to IPW delegates next week on the process for credits and refunds for the investment
Hospitality Industry Organization, Golden Rule Charity, Launches Multimillion-Dollar Fundraising Initiative to Help Those Affected by COVID-19 Busines...
Golden Rule Charity | April 16, 2020
National organization mobilizes to deliver timely resources for those facing unexpected and unprecedented hardship SAN DIEGO, April 16, 2020 -- Golden Rule Charity, a national organization uniquely focused on delivering resources to qualified hospitality companies and employees in times of need, is launching a bold new fundraising effort to respond to the extraordinary challenges of those impacted by COVID-19. All donations will support the nonprofit's grant program, which awards applicants who currently work full or part time and have been employed in the industry a minimum of 6 months and meet additional criteria. "Members of our har
STR: U.S. Hotel Results for Week Ending 11 April
STR | April 15, 2020
HENDERSONVILLE, Tennessee—Reflecting the continued impact of the COVID-19 pandemic, the U.S. hotel industry reported significant year-over-year declines in the three key performance metrics during the week of 5-11 April 2020, according to data from STR. In comparison with the week of 7-13 April 2019, the industry recorded the following: Occupancy: -69.8% to 21.0% Average daily rate (ADR): -45.6% to US$74.18 Revenue per available room (RevPAR): -83.6% to US$15.61 “There was not much of a change from last week. As we’ve noted, RevPAR declines of this severity are our temporary new normal,” said Jan Freitag, STR’s seni
The Impact of COVID-19 on Hotel Values
Anne R. Lloyd-Jones | April 15, 2020
By Anne R. Lloyd-Jones, Suzanne R. Mellen, Tanya J. Pierson The COVID-19 pandemic and the related restrictions on travel, business activity, and individual movement are having an unprecedented impact on our industry and economy. Hotel owners, operators, lenders, and investors are all facing greater challenges than ever anticipated, as they grapple with plummeting occupancy, average rate (ADR), and RevPAR and seek solutions to mitigate the impact on EBITDA. Owners and operators are dealing with the current crisis day-to-day, making hard decisions regarding staffing, continuing or suspending operations, and having difficult conversations w
Ten Step Rx for the Hotel Pandemic
Larry Mogelonsky | April 15, 2020
By Larry Mogelonsky, MBA, P. Eng. (www.hotelmogel.com) COVID-19 dominates the airwaves, newspapers, internet and our lives. It’s time for us to start strategizing and planning for reopening, even though the timetable is uncertain at this point. The reality is that it is not business as usual and it may not be for the next few years. There will be challenges ahead. For this, it is almost equivalent of a completely new hotel launch insofar as growing product awareness and staffing. Best to under promise and over deliver. I’ve put together this basic rubric for your approach. The task is daunting and naturally will vary based upon t