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STR: Europe’s hotel industry reported slight performance decreases for September 2020

Reflecting a post-summer lag in demand, Europe’s hotel industry reported slight performance decreases from the prior month, according to September 2020 data from STR. Euro constant currency, September 2020 (percentage change from September 2019) Occupancy: 38.9% (-51.7%) Average daily rate (ADR): EUR90.78 (-27.2%) Revenue per available room (RevPAR): EUR35.31 (-64.8%) Each of the three key […]

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ITB Virtual Convention: Three-part session series at focuses on the hotel industry and current crisis

The hospitality industry is facing turbulent times: On 11 August (2 – 4 p.m. CET) ITB Berlin will launch its next round of online sessions as part of the virtual ITB Berlin Convention. Under the heading ’ITB Virtual Convention Hospitality Update – Trends & Cases’, the three sessions and interviews on the global platform […]

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STR: Europe hotel performance for June 2020

Reflecting early reopening around the continent, Europe’s hotel industry reported improved performance from May but at an all-time low level for a June, according to data from STR. Euro constant currency, June 2020 vs. June 2019 Occupancy: -72.8% to 21.6% Average daily rate (ADR): -34.8% to EUR83.69 Revenue per available room (RevPAR): -82.3% to EUR18.11 The […]

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GBR: Athen’s and Thessaloniki’s Hotels lost up to 350 million euros during the 1st H2020

GBR estimates that during the 1st H2020 there were losses of value up to 350 million euros for the hotels in Athens and Thessaloniki. Current status The Greek Government responded to the first Covid-19 case with a series of drastic measures leading to a total lockdown on March 23rd. The closure of all hotels across […]

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STR: Preliminary June data for London hotels

STR’s  preliminary data for London hotels showed record performance lows.   Comparison with June 2019: Occupancy: -74.4% to 23.0% Average daily rate (ADR): -59.2% to GBP72.48 Revenue per available room (RevPAR): -89.6% to GBP16.64 The absolute levels in each of the three metrics would be the lowest for any month on record in STR’s London database. […]

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Turkey: Safe Tourism Certification Program

Turkey’s ‘Safe Tourism Certification Program’ defines and advises an extensive series of measures to be taken with regards to transportation and accommodation of all Turkish citizens and international visitors who will spend their holidays in Turkey as well as the well-being and health conditions of passengers/guests and of employees working at touristic facilities Establishments that […]

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Introducing Airbnb Enhanced Clean

Airbnb’s enhanced cleaning protocol is now available to support hosts and governments in advance of reopening communities for travel. Educational materials and tools are now available for hosts in 12 countries: Australia, Brazil, Canada, France, Germany, Italy, Japan, Korea, Mexico, Spain, the United Kingdom, and the United States. In the coming weeks, resources will be […]

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Hilton “axes” 2100 corporate roles globally

Hilton Worldwide Holdings took early and decisive action to boost liquidity and reduce corporate expenditures.  Hilton today announced additional measures to reduce its cost structure, including the intended reduction of approximately 2,100 corporate roles globally, and the extension of previously announced furloughs, reduced hours, and corporate pay reductions for up to an additional 90 days. Christopher […]

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Accor ‘Reignites The Love of Travel’ with a global campaign as hotels and resorts worldwide begin to reopen

Accor has begun the exciting process of reopening some of its hotels that temporarily closed in response to the global pandemic. With restrictions now easing across many destinations, and the number of reopened hotels in the Accor network projected to climb steadily over the coming months, Accor is investing in the resurgence of the travel and service […]

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