Lodging

Accor is a global player in hotels. Historically, it has been focused on the mid-priced and budget segments, but is increasingly expanding into luxury outlets. Accor is also developing lifestyle hotels. It confirmed this commitment through a recent ...

The restrictions placed on international visitors by the Singapore Government in order to contain the outbreak of COVID-19 has severely impacted the hotel and travel industries. This is particularly the case for luxury hotels which rely heavily on ...

IHG`s focus on mid-market hotels, such as Holiday Inn has stood it well in the light of the COVID-19 pandemic where this segment has been more resilient. The group is currently adding more brands more mid-market brands with Avid and Atwell Suites. ...

The substantial drop in inbound arrivals along with the introduction of mandatory quarantine measures from 1 April led to most lodging operators seeing extremely low occupancy rates during the first quarter of 2020. Hotels typically popular with ...

Hotels and other lodging establishments closed to the public at the height of the pandemic’s first wave in Israel, though some sites stayed open to receive patients with coronavirus. As doors have reopened, occupancy rates remain low and price ...

Hotels has been especially hard hit by the coronavirus crisis and is set to take a relatively long time to recover fully, with overall retail current value not anticipated to reach 2019 levels until 2024. In March, early in the pandemic, Colombia was...

The COVID-19 pandemic will negatively impact lodgings in 2020 overall, with current value sales declining sharply. The lack of inbound arrivals because of the closure of borders and international travel bans will be the main reason for this. Hotels ...

With inbound flows reduced and the stay at home recommendation curbing domestic tourism in 2020, the revenues of hotels and other lodgings companies severely plummeted in line with reduced demand. This steep decline in tourist numbers and the reduced...

In line with other segments in South African travel and tourism, lodging is suffering considerably in 2020, with value sales declining at a significant double-digit rate as a result of the onset of the COVID-19, the subsequent pandemic-related ...

As the government introduced stricter regulations to curb the spread of COVID-19, the revenues of hotels and other lodgings companies severely plummeted in line with the reduced demand. With no inbound tourists and movement within Saudi Arabia also ...

As with the wider travel market, the collapse in tourism flows arising from the COVID-19 pandemic has had a devastating impact on lodging in Norway. Unlike many types of businesses, hotels and other lodging establishments were permitted to continue ...

The COVID-19 crisis has devastated all elements of the lodging industry, particularly the main luxury hotels. In March 2020, hotels had to close due to lockdown regulations which have led sales to plummet. For the second half of the year, hotels were...

Ukrainians chose to holiday at home, due to COVID-19. This led to inflationary pressures on lodging because the Ukrainians that would normally travel abroad holidayed in Ukraine instead and as this cohort is more well off and had more disposable ...

At the beginning of March 2020, the Moroccan government ordered all lodging companies in Morocco to shut down in order to prevent the spread of COVID-19. As a result, the revenues of hotels and other lodgings companies severely plummeted in 2020, ...

The COVID-19 pandemic is having a strong negative impact on all categories in lodging in the United Arab Emirates in 2020 due to the very steep decline in business and leisure travellers. Luxury and upscale hotels, as the largest category, is ...

Lodging in Austria was hurt massively by the absence of travellers and the temporary closure of establishments by law in 2020 due to the COVID-19 pandemic. All lodging types will register decline in value sales for the year as a whole. Among hotels, ...

Lodging, especially hotels, has been hit hard by a lack of travel and tourism as a result of the impact of COVID-19 and the measures taken to contain its spread in 2020. As the growth of available rooms has been increasing faster than the occupancy ...

The COVID-19 pandemic is having a strong negative impact on all categories and players in lodging in Argentina in 2020 due to the very steep decline in business and leisure travellers across both domestic and international markets. Budget and unrated...

Restrictions introduced in March 2020 severely limited operations within lodging. Establishments were banned from providing food and drink to be consumed on site, and all entertainment, sport and recreation was prohibited within hotels, as were ...

Given the lodging industry’s strong dependence on inbound tourists, the travel bans imposed by the government left lodging companies on shaky ground, with many having to update their policies and include flexible booking, cancellation and duty of ...