Revenue Hub
JANUARY 17, 2024
The exceptional situation provoked by COVID-19 pandemic had a worldwide relevant impact on social development and sustainability, which, in turn, was also observed for tourism. If we focus on the evolution of annual average growth of room prices in 2001 is approximately 4.2%. Evolution of hotel room price from 2002 to 2023.
Modern Restaurant Management
JULY 1, 2020
Key takeaways: Chef's salaries increased by 8 percent Y-o-Y, the biggest increase since 2001, when we started to track the data. Encouragingly, 68 percent of these expectant travelers say they are likely to stay in a hotel in 2020. While some metrics released by the Bureau in its annual report are now obsolete (e.g.
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Smart Brief Hospitality
MARCH 24, 2020
Due to the rapid spread of the coronavirus, the travel business is doing what it can to adjust to the situation. With restrictions on travel, self-quarantine mandates, the travel industry is responding to one of the greatest threats their industry has ever faced. We’re a supportive community, we’re a resilient community.
Smart Brief Hospitality
MARCH 24, 2020
Due to the rapid spread of the coronavirus, the travel business is doing what it can to adjust to the situation. With restrictions on travel, self-quarantine mandates, the travel industry is responding to one of the greatest threats their industry has ever faced. How airlines, hotels are expanding business travel programs.
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