Industry Updates

Knowing you might not have time to watch our full webinars, we are pleased to continue our series of COVID-19 webinar summaries. In this latest edition, we talk performance in Europe as well as our latest forecast updates.

How long will it take Europe to recover to occupancy levels of 40-50%?

The COVID-19 pandemic has caused unprecedented challenges for global hospitality, with travel restrictions and lockdown measures forcing hotel closures and performance declines that exceed the levels witnessed during the global financial crisis and other challenging times for the industry. An area of the industry where the impact continues to evolve is business on the books, or reservations booked for future dates.

Knowing you might not have time to watch our full webinars, we are pleased to continue our series of COVID-19 webinar summaries. In this latest edition, we talk performance in Europe as well as our latest forecast updates.

How long will it take Europe to recovery to occupancy levels of 40-50%?

8 min weekly update on China hotel performance - 11 June (Chinese)

Knowing you might not have time to watch our full webinars, we are pleased to continue our series of COVID-19 webinar summaries. In this latest edition, we talk performance in Europe.

Barcelona: 96% of STR participating hotels closed

Knowing you might not have time to watch our full webinars, we are pleased to continue our series of COVID-19 webinar summaries. In this latest edition, we talk performance in Belgium.

Occupancy dropped as number of cases increased

Occupancy has been decreasing as the number of COVID-19 cases increased. However, occupancy started to slide prior to 17 March, when a shutdown started in the country.

Knowing you might not have time to watch our full webinars, we’re pleased to continue our series of COVID-19 webinar summaries. In this latest edition, we talk performance in Europe with a focus on Germany, Austria and Switzerland.

RevPAR: levelled since March

RevPAR levels in Germany, Austria and Switzerland fell rapidly from late February through the middle of March. Since that point, RevPAR has levelled off in the three markets.

In any walk of life, a positive guest experience can go a long way towards creating loyal customers and brand advocates. However, the need for positive experiences is amplified in the hospitality industry. When asked about the forms of information used to plan a holiday, 69% of respondents in our Consumer Travel Insights Report used online review sites, and 51% relied on personal recommendations.