hotel reopenings
Operational and Financial Issues in the “Great Reopening”
Mark D. Podgainy | January 6, 2022
By Mark D. Podgainy U.S. Hotels have been on a roller coaster ride for the last 18 months, from the heights of 2019 and early 2020 RevPar performance to the depths of Covid-19 lockdowns, and on to the “Great Reopening” and the Omicron variant. Though we are living in a rapidly changing environment, there are some issues and trends that are likely to be with us for the near-to-mid future that owners, operators, investors and lenders should be aware of. • Supply chain issues. Supply chain issues are causing shortages and higher prices for everything from guest supplies and food and beverage items to FF&E and repair and mainten...
U.S. Travel Reacts to State Reopenings from Virus Restrictions
U.S. Travel Association | June 17, 2021
WASHINGTON — June 17, 2021 — U.S. Travel Association President and CEO Roger Dow issued the following statement: “The lifting of COVID restrictions in several of the largest U.S. states removes critical barriers to the return of our pre-pandemic economy and livelihoods. “States with delayed reopenings must recognize they’re at a competitive disadvantage to those open for business, requiring focused efforts to encourage the safe return of both business and leisure travelers. Similarly, companies that continue to restrict business travel and attendance at in-person professional meetings and events will delay their own economic r...
UNWTO, ONCE Foundation and ENAT Call for the Reopening of Tourism Destinations to Cater For The Needs of People With Disabilities
UNWTO | August 4, 2020
The World Tourism Organization (UNWTO) is calling on destinations to recognize the needs of travellers with disabilities or specific access requirements as they open up to visitors again. In partnership with the ONCE Foundation of Spain and the European Network for Accessible Tourism (ENAT), the United Nations specialized agency has released new guideline to ensure accessibility and inclusivity as the responsible restart of tourism gets underway. According to the newest data from UNWTO, 40% of global destinations have now eased restrictions on travel introduced in response to COVID0-19. Now, with tourism steadily returning, UNWTO has joined ...
