Follow the latest news about coronavirus and its impact on hotels, airlines, cruise lines, tourism destinations, and other sectors of the travel industry.
Guesthouse owners and their employees in Maldives will bear the brunt of the economic impact on the island nation's lucrative tourism industry by the coronavirus pandemic, the World Bank said Sunday. The worst hit economy in South Asia will be the Maldives, where the collapse of high-end...
Tourism Minister Ali Waheed has announced that Maldives will commence “safe tourism” within three months where government will target to make Maldives a COVID-19 free country.
Whilst the COVID-19 pandemic ravages Europe and takes a particularly heavy toll in Spain, it is important to evaluate how the reliance of this country on international visitation might shape the recovery of its two main urban markets once the pandemic subsides.
In the short term and mid-term your goal is to maintain customer relations, generate incremental cash flow where possible, cover fixed costs and keep as many people employed as possible. In the long term your goal is to recover and scale back up faster than the competitive set.
Brand presence over sales, continued customer engagement, and care for employees are among the things hotels need to do for survival and recovery, shared hoteliers during a webinar last week.
With virtual travel rapidly gaining steam in light of the coronavirus pandemic, home-sharing giant Airbnb has unveiled a suite of Online Experiences, allowing communities globally to continue immersing in handcrafted activities worldwide from the comfort of their homes.
Information, analysis and planning is critical for hoteliers facing challenging operating conditions—especially so when facing an issue like COVID-19. So, what can hoteliers learn from previous downturns and what do they need to consider to safeguard their business?