On World Tourism Day (September 27th) in a year where more tourists are staying home or close to home, Iberostar Group wants to put the spotlight on the people who make tourism a strong and more resilient industry.
COVID-19 introduced the hotel industry to a lot of uncertainties for the future. It also revealed several weak spots and high-risk areas within hotel management agreements (HMA’s).
Hospitality professionals understand what it means to put the organization first, while unconsciously putting themselves on the back burner.
We worked very hard with our hotel teams to be able to ensure that despite the fact that our safety protocols would have been crucial to a successful reopening, the guest experience would not be inferior because of those protocols.
As we enter Q3, there is no question that the COVID-19 pandemic has significantly impacted businesses worldwide. Hospitality has already been singled out as having notably suffered from travel restrictions and lockdowns, but one could argue that meetings and events have it the worst.
Balance Sheets deserve more attention and are an often-overlooked financial statement. While it is the Operator’s responsibility to ensure accuracy, the simple fact that it isn’t tied to management fees means there is often little effort going into keeping it accurate.
The lodging industry is various shades of bad until the COVID case count is reduced.
Bonaire Chamber of Commerce awards the secluded resort with Blue Destination Certification
It can be difficult to properly tackle the issue of sustainability in hotels, and COVID-19 has further complicated this topic. These guidelines can help you build the proper framework to achieve a sustainable recovery.
Despite being the cornerstone of many hotel strategies, revenue per available room (RevPAR) only shows a fraction of a hotel’s financial performance.
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