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Travel's Reopening and Coronavirus Recovery

The latest news about coronavirus recovery around the world and the reopening of travel and tourism in destinations around the world.

Skift Research subscribers can view the latest data about country-by-country recovery at the Skift Recovery Index. Data about public companies can be viewed at the Skift Health Score.

Coronavirus

California Boutique Hotelier Deploys Big-Brand Tactics to Seize Growth Opportunities

Boutique hotel companies like Proper Hospitality could be an unexpected winner in the hotel industry race to ink branded affiliation deals with existing hotel owners coming out of the pandemic.

Cameron Sperance | 4 years ago

Coronavirus

Accor Just Restructured the Company in the Middle of a Pandemic: Why Now?

Accor's corporate overhaul is all about recognizing that a localized business strategy may be the only way to grow revenue under an uncertain travel climate with varied geographic responses to the pandemic.

Cameron Sperance | 4 years ago

Coronavirus

Why Marriott Sees a Full Hotels Recovery in China in 2021

If China continues its centralized government's stance of rapid response to coronavirus outbreaks, a full hotel industry recovery there by the end of next year isn't as impossible as it may seem.

Cameron Sperance | 4 years ago

Coronavirus

Marriott to Lay Off 17 Percent of Corporate Headquarters Staff in October

Marriott's corporate job cuts are a fresh reminder that a travel demand rebound is likely years away from ever hitting pre-pandemic performance levels.

Cameron Sperance | 4 years ago

Coronavirus

Jacksonville's Struggles Reveal the Pandemic Hardship for Travel's Small Businesses

It's not the biggest city, but Jacksonville's travel recovery from coronavirus is a message to the world: Not even a diverse economy can save a city from the fiscal fallout of a global pandemic.

Cameron Sperance | 4 years ago

Coronavirus

U.S. Hotels' 35 Percent Unemployment Rate Remains Staggeringly Higher Than National Average

The upcoming fall and winter months are likely to expand the unemployment gap even further between the hotel industry and overall economy due to expected diminished leisure travel.

Cameron Sperance | 4 years ago

Coronavirus

How an $8 Million IHG Default Managed to Double the Size of a Boston Hotel Company Overnight

IHG’s loss stands to be the first in several gains for Sonesta if the hotel company continues to partner with its lodging trust investor on pandemic-related investment and rebranding opportunities around the world.

Cameron Sperance | 4 years ago

Coronavirus

Omni Remains Committed to Convention Hotels Despite Pandemic Downturn

Omni doubling down on luxury convention hotels at a time when major events aren't expected to return until at least next year is a risky move. But it could also prove highly successful if its long-view forecast actually pans out.

Cameron Sperance | 4 years ago

Coronavirus

U.S. Hotel Trade Group Warns D.C. of Further Industry Calamity After Dismal Summer

The American Hotel & Lodging Association continues to outline why it needs Washington to help the struggling hotel sector. The next four weeks are a make-or-break moment for dealmaking on Capitol Hill until after the U.S. presidential election.

Cameron Sperance | 4 years ago

Coronavirus

MGM Resorts to Lay Off 18,000 Staffers Beginning Monday

MGM laying off 18,000 workers is the latest testament that Las Vegas needs more than slot machines and poker tables to keep resorts running at pre-pandemic performance levels.

Cameron Sperance | 4 years ago