Disaster Effects and Responses in the Hospitality Industry (Feiertag Collection)

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Browsing Disaster Effects and Responses in the Hospitality Industry (Feiertag Collection) by Author "Baker, Terence"

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    Brand standards 'reset' by COVID-19 but won't fade
    Baker, Terence (Hotel News Now, 2020-11-12)
    As brands continue to restructure in the wake of COVOID-19, their focus remains on the safety of their guests. Experts understand brand agreements will not solve the major issues that hoteliers are facing, but hope that they will be able to maintain the processes that are currently successful. As COVID-19 continues to be a threat to the globe and industry, brands will remain focused on what is most functional and appealing to guests.
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    Hotel Transactions Pace Stagnates Across Middle East Markets
    Baker, Terence (CoStar, 2021-09-27)
    At this year’s (2021) Arabian and African Hospitality Investment Conference, industry professionals came together, in this particular session, to discuss “The Investor’s Perspective” of the markets in Saudi Arabia and Africa at this time. Neither market is seeing a lot of action right now, but professionals are optimistic for movement in the future. While both markets hold potential, Saudi Arabia is looking more promising right now. The Middle Eastern markets do have some challenges though such a notably high cost of debt, deterring some investors.
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    Hoteliers want government aid as U.K. starts new lockdown
    Baker, Terence (Hotel News Now, 2020-11-02)
    As the U.K. begins their lockdown until December 2, 2020, hoteliers are becoming increasingly weary of the government's assistance. Although their furloughs that have been put in place have been fantastic for the industry, the lockdowns lead to further apprehension of travel. Experts are most concerned that hotels will remain under control of their lenders until the better half of 2024 when the industry is set to stabilize.
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    Innovation must remain the heartbeat of the hotel industry
    Baker, Terence (Hotel News Now, 2020-12-16)
    As the hotel industry transitions into 2021, experts urge innovation to be on the forefront of industry leaders minds as they continue to restructure management and organizational approaches. However, it is critical to decide which innovation will be necessary to invest in and which options to leave behind. Traditional hotel models will continue to attract drive-in guests, while non-traditional home shares will stay attracting guests seeking rural long-term vacations.
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    Second UK lockdown hurts hotels in run-up to holidays
    Baker, Terence (Hotel News Now, 2020-11-25)
    England's second lockdown entailed an unsurprising drop in travel and travel confidence ahead of the holiday season. Although travel was restricted domestically, English hotels continue to suffer from the nonexistent presence of business and group travel. Researchers are hopeful the English government will allow minimal travel for the Christmas holidays, but are not getting their hopes up. Thankfully, like the U.S., England benefited from an extended summer travel period to seaside and rural domestic destinations.
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    Transportation health vital to hotel health
    Baker, Terence (Hotel News Now, 2020-10-19)
    Industry leaders express the need of cohesive and coordinated sanitation protocols across all facets of the hospitality industry. It is industry leader's hope that a joint front on sanitation methods will leader to trust in travel across the tourism sector.