Those who believe in the future of revenue management understand that, while success will require hard work and a massive paradigm shift, innumerable riches are waiting to be found.
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Helping Hoteliers Mitigate the Damage of COVID-19
and Prepare to Capture Returning Travel Demand
This week’s most popular links:
- Creativity Tapped to Stretch Leisure Season Past Summer (HNN)
- COVID: The ‘Change Agent’ For Hotel Revenue Teams (SHR)
- Helping Hotels Plan for Recovery Through a Data and Omnichannel Based Approach (Amadeus)
- The New Prospectors of Revenue Management (HR2020)
- NYC Hoteliers Navigate ‘Tricky’ Quarantine Mandate (HNN)
What Hoteliers Need to Know Today:
- ‘Golden Records’ Allow Re-Shaping of Guest Experience (HR2020)
- We’re Out of the Rut. Now What? (HospitalityNet)
- How Revenue Managers are Preparing for Recovery (OTA Insight)
- 10 Key Features for COVID Response Software (HOTELS)
- Millions of Visitors Flock to Wuhan (South China Morning Post)
- Global Brands Plea for State Help With Recovery (PhocusWire)
What Hoteliers Need to Know Today:
- Risk of Catching COVID in a Hotel Room is Low (Business Insider)
- Study: $75B US Revenue Loss in Next 12 Months (HOTELS)
- Why Reputation Management Doesn’t Work (Aspire Marketing)
- Scars Inflicted on Travel Are Looking Permanent (Bloomberg Opinion)
- Google Adds Hotel, Flight Availability Data (PhocusWire)
What Hoteliers Need to Know Today:
- Alternative Uses for a Hotel During COVID-19 (Hotstats)
- Virtual Connections: Building Relationships with Travelers (PhocusWire)
- Positioning Hotels to Drive Business in H2 2020 (Lodging)
- Booking.com Says Hotels Able to Hold Rates (Skift)
- How MGM Resorts Is Implementing Innovative F&B Tech (Hospitality Technology)
- Accor Sees Super-Short Booking Window Emerge (PhocusWire)
- July Employment Numbers Show Uptick (Lodging)
- Workforce Management as Hospitality Reopens (Hospitality Technology)
What Hoteliers Need to Know Today:
- Hyatt CEO: Hotels Don’t Need Vaccine to Recover (Skift)
- 3 Crucial COVID-Era Hotel Marketing Strategies (SHR)
- Critical Considerations for Owners Reopening Hotels (HNN)
- Six Months Into COVID-19: What Does the Data Say? (HNN)
- Hotels Challenge Insurers’ Refusal to Cover Loss (Lodging Leaders)
- Criton Adds Contactless Food Ordering System (Boutique Hotelier)
- Expedia Expands Wholesale Rate Program (Phocuswire)
Data Snapshot
U.S., week ending 9/12
(year over year)
– Occupancy -30.2%
– ADR -25.5%
– RevPAR -48.1%
Source: STR
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