How COVID-19 can stimulate healthier hospitality leadership

Much has already been written about how travel and tourism will be irrevocably changed by the coronavirus pandemic. Optimists and realists alike are focusing on more environmentally friendly ways of reaching our chosen destinations, more sensitive ways of considering local culture and more sustainable, ethical methods of sharing and distributing the financial benefits of tourism….

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REITs see long-term opportunities, but market stalled

REIT executives see the chance to make deals in the future as the hotel industry continues to cope with the COVID-19 downturn, but many said deals are put on hold for the time being. REPORT FROM THE U.S.—While many are eager to see the deals market open up, with the expectation that distressed assets could…

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Spain to reopen to international tourists in July

Spain’s prime minister, Pedro Sánchez, has announced the country will reopen to international tourists from July, pledging to guarantee the safety of visitors and the workforce. The leading destination receives over 80 million tourists per year. Starting in July, Sánchez said that international tourism can resume once more, adding tourists can start planning their holidays….

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Wyndham Continues to Grow New-Construction Pipeline

Wyndham Hotels & Resorts announced today that the company is continuing to forge ahead with new-construction growth, opening 11 newly built hotels across the United States in the first quarter and breaking ground on a number of hotels in its new-construction pipeline. In the same period, the company executed agreements for more than 25 future…

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11 EU states agree on rules for tourism reopening

Eleven European Union states, including Greece, on Monday agreed on a set of rules regarding the gradual easing of movement restrictions introduced to prevent the spread of coronavirus. The agreement was announced following a video conference between the foreign ministers of Greece, Cyprus, Germany, Spain, Italy, Austria, Croatia, Portugal, Malta, Slovenia and Bulgaria. It is…

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Is it safe to rent an Airbnb, Vbro or vacation home right now?

With Memorial Day weekend fast approaching and summer nipping at its heels, renting a vacation home may seem like the perfect way to get a change of scenery while maintaining social distancing protocols. Alison Kwong, a spokesperson for booking site Vrbo confirms that, beginning in mid-April, they started to see more U.S. demand on its platform,…

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Experts Say It Could Be 18 to 24 Months Before Travel Picks Back Up

As we near month two since the coronavirus outbreak was officially declared a pandemic, workers in the travel industry would like nothing more than for the world to return to normal. They may have to wait a while, however. CNBC has reached out to experts in the public health and tourism industries for an estimate on when travel will…

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Wyndham’s Coronavirus Survival Strategy Is Signing Struggling Indie Hotels to Its Brand

Wyndham is banking future growth will come from independent hotels converting to flagged properties, but continued uncertainty in travel will dictate the opportunity timeline.— Cameron Sperance Wyndham is taking a page from its Great Recession recovery playbook to guide future growth. The hotel industry is in coronavirus survival mode, grappling with cratered occupancy rates and revenue…

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