During the week of 15-21 November, Canadian hotel occupancy decreased 55.6% to 27.8%, ADR dipped 27.4% to 108.05 Canadian dollars ($83.03) and RevPAR declined 67.8% to CA$30 ($23.05).
The World Travel & Tourism Council (WTTC), which represents the global Travel & Tourism private sector, hosted its first ever virtual AGM yesterday, attended by more than 120 CEOs from across the globe, to discuss the progress made so far, the challenges our sector has faced through this pandemic, and the importance of international collaboration.
Many hotels arent getting the sort of business that theyre used to. This drastic change has resulted in numerous revenue challenges in the hospitality industry, but fear not, there are signs of recovery. With strong preventive measures being sanctioned, many places around the world are opening up to travel again.
Through this all-share merger, a new autonomous and fully asset light entity will bring together an unrivalled portfolio of world class brands, including The Hoxton, Gleneagles, Delano, SLS, Mondrian, SO/, Hyde, Mama Shelter, 25h, 21c Museum Hotels, TRIBE, JO&JOE and Working From_. The new entity will be headquartered in London and will take the name Ennismore.
As part of its simplification and asset-light strategy, and with the ambition of accelerating its momentum in the fast-growing Lifestyle hospitality sector, Accor today announces the signing of binding agreements on a new sbe Group's ownership structure.
The Global Tourism Plastics Initiative has welcomed 26 new signatories, including businesses and organizations from every part of the global tourism value chain. Led by the World Tourism Organization (UNWTO) and the United Nations Environment Programme (UNEP) in collaboration with the Ellen MacArthur Foundation, the Initiative unites the tourism sector behind a common goal of addressing the root causes of plastic pollution.
The Canadian governments recent announcement that it plans to connect 98% of Canadians to high-speed internet by 2026 will only accelerate online travel demand, says GlobalData.
Margaritaville and Davidson Hotels & Resorts debut Margaritaville Resort Palm Springs, a desert oasis located in the heart of Palm Spring's Uptown Design District. This property is the first Margaritaville resort to open on the West Coast.
Technology and trends are constantly evolving, and this year in particular, many tech solutions became not just popular but vital for hotel businesses all around the world. Building on the current state and needs of the travel and hospitality business, we can already predict a number of tech trends that impact the course of the industry, as well as hotel operations and the guest experience. Lets dive deeper into the top technology trends in travel for 2021 and the reasons why they will undoubtedly rise in importance and popularity.
Cyber HITEC featured a new virtual session this year that built a bridge across the Atlantic Ocean and brought together two regions separated by a common language. This engaging session was called the 'HFTP Europe: Technology and Tea' Hangout, and featured an interview-style discussion between me, this years HFTP Paragon Award-winner Ian Millar, CHTP and hospitality technology executive Barry Thomas, CHTP.