CVOA Insider Archive

COVID Survey

source:

Hotel industry has crashed, says HAC statement

According to data released by STR, reflecting the broadening concerns around the COVID-19 pandemic, Canadian hotel occupancy dropped 24.3 per cent to 46 per cent during the week March 8 to 14. In year-over-year comparisons, Average Daily Rate (ADR) dropped 2.8 per cent...

source: Hotelier Magazine

Vision 20/20

Welcome to Vision 20/20, a collection of "featurettes," conceptualized and written by this year's LEAPS class of 12 evolving leaders within the industry. To appreciate this collection of articles and the spirit behind our "graduation project," we'd like to share a bit of...

source: ARDA

WestJet cancels transborder and international flights thru June 25

WestJet has updated its schedule from June 5 through to July 4, 2020 to address significantly reduced guest demand for air travel while continuing to keep critical economic lifelines open for essential travel and cargo. The airline put...

source: Travel Pulse

Resort Resilience

In this interactive session, we will be discussing what measures resorts can take to survive and, hopefully, thrive despite the challenges emerging due to the coronavirus pandemic. Please join us in this timely discussion, as our panelists will be sharing their invaluable...

source: Resort Trades

79 per cent of hoteliers surveyed approved for federal aid

Although these are difficult times for all sectors of the travel industry, hotels continue hospitality traditions by opening their doors to medical personnel and hospital patients, providing meals to frontline employees and gifting vacations to essential workers. While...

source: Travel Pulse

Host Hotels CEO: Group business travel will be last to recover but remains key to industry

One of the largest U.S. lodging real estate investment trusts expects leisure travel to bounce back from the coronavirus downturn in travel first, but the company is still banking on business group bookings. Host Hotels...

source: Skift

Hyatt notches a coronavirus rarity — sold-out hotels

Hyatt leadership is watching select Asian markets navigate the early phase of coronavirus recovery to gauge how the rest of the world will return to some degree of operational normalcy. A third of Hyatt’s hotels around the world have suspended operations due to declines...

source: Skift

U.S. leisure and hospitality industry lost 8.2 million jobs in 2 months

The U.S. leisure and hospitality industry in April lost 7.7 million jobs, a 47 percent drop, and was the worst-hit sector among non-farm payrolls for the second month in a row, according to the Bureau of Labor Statistics in its monthly...

source: Skift

Hilton turns profit in Q1 2020 despite coronavirus

Hilton turned a profit to the tune of $18 million in the first quarter of 2020 — down from $159 million for the same period in 2019 — despite the threat of the coronavirus. According to the company, with the exception of Asia Pacific, its first-quarter...

source: PhocusWire

Marriott sees net income fall to $31 million for Q1 2020, notes trend towards hotel reopenings

Marriott International's net income tumbled to $31 million for the first quarter of 2020, compared to $375 million year-on-year. Adjusted EBITDA for the hotel giant came in at $442 million in Q1, down from...

source: Phocus Wire

Travel industry won't return to something similar to 'normal' until 2021, or later, experts say

The COVID-19 pandemic has postponed or cancelled travel plans for people in Canada and around the world, but a survey from The Conference Board of Canada has found that the travel will likely not return to a relatively...

source: Yahoo!

AHLA releases industry-wide hotel cleaning standards through 'safe stay' initiative

The American Hotel & Lodging Association (AHLA) recently introduced Safe Stay, an industry-wide, enhanced standard of health and safety protocols designed to prepare America’s hotels to safely welcome back guests and employees...

source: Resort Trades

Meeting the COVID-19 challenge

Help is on the way. Businesses large and small, battered by the effects of the COVID-19 outbreak, are seeking assistance from all quarters to deal with mandated closures and quarantines, growing employee illnesses, and reduced customer counts. Employees are also grasping...

source: Resort Trades

Hotel industry responds to growing public-health concerns

Global concerns regarding coronavirus (COVID-19) and its impacts continue to grow as the situation develops, and many experts agree it will have a notable impact on economies, as well as the travel-and-tourism industry. On March 11, the World Health Organization (WHO) declared...

source: Hotelier Magazine

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Marriott taking a unique approach to growth in China

COVID Survey

Hotel industry has crashed, says HAC statement

Vision 20/20

WestJet cancels transborder and international flights thru June 25

Resort Resilience

79 per cent of hoteliers surveyed approved for federal aid

Host Hotels CEO: Group business travel will be last to recover but remains key to industry

Hyatt notches a coronavirus rarity — sold-out hotels

U.S. leisure and hospitality industry lost 8.2 million jobs in 2 months

Hilton turns profit in Q1 2020 despite coronavirus

Marriott sees net income fall to $31 million for Q1 2020, notes trend towards hotel reopenings

Travel industry won't return to something similar to 'normal' until 2021, or later, experts say

AHLA releases industry-wide hotel cleaning standards through 'safe stay' initiative

Meeting the COVID-19 challenge

Hotel industry responds to growing public-health concerns

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