Industry News
Latest industry-related information, news, and updates to help your organization make the changes you need.
Preparing for recovery: 7 considerations when reopening your hotel and budgeting for 2022
4 June 2021 | BI and data analysis, Pricing strategy, Revenue management, Industry technology, Distribution, Market Insight, data science. As vaccination programmes continue to find success against Covid-19, lockdown policies are easing,...
Six Guidelines To A Sustainable Recovery For Hotels Post-COVID-19
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. ...
What Group Purchasing Organizations Can Do For Private Equity Firms
Spend Matters welcomes a guest post from Simon Woodcock, the Sales and Solution Manager at Xchanging Procurement Services. Private Equity (PE) firms allegedly make money by buying companies and restructuring and decreasing workforces to...
Healthcare GPO Cost Savings Top $34B
The Healthcare Supply Chain Association report, released during the COVID-19 outbreak, is proof that GPOs are "more important than ever." Healthcare group purchasing organizations (GPO) delivered $34.1 billion in cost savings to providers...
Marriott Estimates 23 Percent Drop in First Quarter Revenue Per Room
The coronavirus crisis has paralysed the global financial hub’s economy, which was already reeling from months of anti-government protests, with travel restrictions to curb the spread of infection grinding tourism to a halt. Dane Cheng,...
Hong Kong’s Top Tourism Executive Plans Marketing Blitz to Revive Travel by July
The coronavirus crisis has paralysed the global financial hub’s economy, which was already reeling from months of anti-government protests, with travel restrictions to curb the spread of infection grinding tourism to a halt. Dane Cheng,...
Hotels Should Expect Business Travel to Rebound First: The Long View This Week
The travel industry’s recovery from coronavirus continues to be a guessing game, but one leading industry voice expects business travel to bounce back the quickest. Social distancing measures and other coronavirus precautions depleted the...