COVID-19 has affected the hospitality and tourism industries in a number of ways, and hotel food and beverage operations is one of the most affected areas. A decline in travel, low occupancy rates, and guests shifting to either cooking at home or preferring drive-thru, curbside, and delivery over eating out has led to hotel F&B rapidly evolving and adjusting their models. Hotels are marketing their eateries to locals, offering contactless food delivery, and enhancing gift card sales.
The hospitality sector is venturing into various new revenue generating opportunities in the COVID era. Read on to know more.
Tourism arrivals to Israel hit another record in 2019 growing to 4.5 million and resulting in improved hotel performance throughout. This article explores the hotel performance and development pipeline in Israel.
After record breaking visitation in 2019, the Caribbean was well positioned for another stellar year. However, despite a very low infection rate in the region, the COVID-19 pandemic has presented a wide range of new challenges for stakeholders in the region.
COVID-19 has changed the Corporate World as we knew it in more ways than one, and recruiting is no different as the hiring process has changed significantly. Read our latest article to know more.
This video summarizes the results of the HVS Africa Traveler & Hotel Guest Sentiment Survey Findings.
The Hotel Law Guide helps serve hotel real estate owners, developers and operators as a reference for experienced and well-known lawyers and attorneys with a track record in Asia Pacific region. Each law firm highlights their representative attorneys with the type of services offered and notable projects.
HVS has recently completed an anonymous short survey about the COVID-19 pandemic and its unprecedented impact on the South Korea hotel market. On a property level, the survey focuses on hoteliers' point of view on contingency measures, business strategies, signs of recovery indication, and comparison between pre-COVID-19 crisis and post-COVID 19 crisis.
Through Q2 2020 the Canadian lodging industry is experiencing a RevPAR decrease of close to 55%. The luxury segment and hotels with more than 500 rooms have taken the brunt of the Covid-19 impact on lodging demand. The summer leisure domestic demand should prove a short term uptick in Q3.
This article highlights preparing for increasing hospitality wellness demand. As global news and media cycles spin with updates related to COVID-19, strategies for reopening and widespread cries for social justice reform. This article examines cycles of grief, critical investment strategies, and wellness propositions associated with immediate and long-term demand.