Browsing by Author "Menze, Jill"
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- As short term rental demand slumps, destination markets prove bright spotMenze, Jill (PhocusWire, 2021-01-28)Short term rentals have found themselves in a tough spot, along with the hotel industry, as demand over the winter months in regional areas has evaporated. Destination markets such as ski resorts and warmer locations have done much better than traditionally popular winter destinations. Additionally, the lack of rental inventory in destination areas has also been increasing the rental prices for available properties.
- Black hospitality employees disproportionately lost jobs during COVID, remain under-represented in leadershipMenze, Jill (2021-05-19)Black hospitality executives declined 5% from 2019 throughout 2020. The percentage of Black executives across roughly 801 hotel companies remains only at 11%. The importance of exemplifying inclusion across the hotel industry has only increase as the labor shortages continue to be an issue within the United States. Industry leaders understand that it is more important than ever to display a picture of diversity and inclusion to attract the professionals they would like to continue to build the industry back up for future generations.
- Black Travel Alliance campaign reveals lack of diversity in travel industryMenze, Jill (PhocusWire, 2020-10-21)Although the statistics regarding the #PullUpForTravel campaign organized by the Black Travel Alliance were extremely low, the alliance believes that campaign was a stepping stone for the future. The statistics highlight the painfully low numbers of Black representation within the travel industry. The alliance plans to follow up with the companies who participated in their campaign for a formal study next year to see where they have made improvements.
- Booking Holdings sees uptick in Q3 bookings driven by domestic travelMenze, Jill (PhocusWire, 2020-11-05)Booking Holdings reported that there was a massive increase of domestic travel due to the international travel restrictions placed on the United States. However, industry leaders expect to see a drop in overall travel as winter progresses and the continued trend of home rentals.
- Consulting agency Compass Collective aims to guide travel brands toward positive changeMenze, Jill (PhocusWire, 2021-02-26)Courtnie Nichols is taking her consulting skills to CVBs to attract a diverse group of travelers. Compass Collective will also aim to assist the hotel brands with growing their customer portfolio to include diverse travelers. Nichols is working towards educating the travel industry through workshops and one-on-cone consulting to bring the industry up to speed on how they can diversify their organizations and be there for the population they serve.
- COVID-19 could damage diversity and inclusion efforts in travelMenze, Jill (PhocusWire, 2020-10-05)Although COVID-19 has devastated the hospitality and tourism industries, attention has shifted to further diversifying the industry as it begins the slow process of rebuilding. Researchers are hopeful for the opportunity to add a more diverse workforce to the industry, especially in higher level management positions. However
- Female leadership in travel remains lackingMenze, Jill (PhocusWire, 2021-04-30)The Castell Project announced that although the awareness around the lack of women and diversity within the hospitality sector grew this past year, not a lot has been done to reverse the status quo. A positive pandemic twist is that the travel industry has the opportunity to re-build better as the industry begins the process of re-setting after roughly 479,000 individuals lost their jobs due to the COVID-19 pandemic. Additionally, the private sector pledged to increase female leadership positions by 30-50% and the representation of women within the c-suite by the year 2030.
- Google launches hub to aid destinations, hotels and partners in recoveryMenze, Jill (PhocusWire, 2020-12-07)Google has launched three new tools in hopes of aiding the travel and tourism industry back to pre-pandemic levels. Destination Insights, Hotel Insights, and Travel Analytics all aim to assist a variety of sectors across the industry with data collection that is guest and user facing. Google's team understands that many facets of the domestic and international job sectors are reliant on the recovery of the travel industry to continue business moving forward.
- How Amazon Web Services wants to aid travel brands in recoveryMenze, Jill (PhocusWire, 2020-12-16)Amazon Web Services is looking to help rebuild the travel industry through their cloud commuting software called AWS Travel and Hospitality Competency. The goal of this software is to enhance the guest user facing experiences. This software should help users save money and enhance their technological innovation and efficiency.
- Ian Schrager: Coronavirus pandemic will not be a "paradigm shift"Menze, Jill (PhocusWire, 2020-09-24)Ian Schrager, seasoned hospitality leader, stated that he believes it is not a questions of if, but when the hospitality industry will recover during a speaking engagement at the Boutique Lifestyle Leaders Association Summit (BLLA). Schrager also echoed the emerging theme of smart technology usage in hospitality as the industry aims to combat the pandemic.
- New initiatives launch to promote diverse leadership in travelMenze, Jill (PhocusWire, 2021-02-02)A new imitative, Tourism Diversity Matters, aims to add additional support to diversifying the tourism and hospitality industries. The imitative focuses on four pillars of apprentices programs, workforce development, diversity, equity and inclusion, and research and data. The platforms would like to shine light on groups that are exceeding with their diversity and inclusion efforts and assist those who might be having a difficult time getting started.
- Short term rental bookings are up following news of vaccineMenze, Jill (PhocusWire, 2020-11-20)Traveler and market confidence has spiked with the news of two main COVID-19 vaccines. Short-term rentals are already seeing a jump in Q1 of 2021 reservations and new travel patterns continue to emerge. Unfortunately, global holiday travel remains down 35% than it was comparatively to 2019 numbers.
- Spend more, stay longer: The consumer trends driving travel in 2021Menze, Jill (PhocusWire, 2021-03-09)As domestic travel begins to re-bound, the American Express Travel: Global Travel Trends Report has noted several trends that travelers will be participating in throughout 2021 and beyond. Many travelers are willing to pay a higher dollar if it means they will be in a private space, stay at a luxury property, and have an elevated meal experience. Across the board, cleanliness of a location will remain at the top of every travelers check-box. Additionally, the sustainability efforts, initiatives surrounding diversity and inclusion, and the benefits of travel to the local economy will also play a large role in travelers desire to visit a specific destination.