The COVID-19 crisis is far from over. How long the crisis remains is still an unknown.
As many states are taking steps to reopen their marketplaces, government leaders and business owners may want to look to the hotel industry for some best practices. While nearly 20 percent of the nation’s 57,000 hotels have closed, according to reports, the rest have remained open throughout the pandemic.
Despite that, owners and operators know life will never go back to way it was before the crisis.
Never before has innovative thought mattered more than during the current coronavirus pandemic.
In this episode of Lodging Leaders podcast, we talk to Mitch Patel, CEO of Vision Hospitality Group, which kept its 40-some hotels open and is trying to figure out what the hospitality business will look like in the coming months and years.
We also talk to John Hardy, CEO of The Hardy Group, a hotel development consulting company with offices all over the world. The company sponsors an annual event called Radical Innovation that spotlights new designs and business methods.
And we hear from Adam Harris, co-founder and CEO of Cloudbeds, who stresses the importance that strong fundamental business practices play in a comeback.
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The U.S. hotel industry has begun its comeback as all states are reopening their economies. The numbers show that occupancy is slowly but steadily increasing as hotels get back to business. But, to be sure, it is not business as usual. Relatively few hotels completely closed during the coronavirus pandemic. More than 80 percent remained read more
With more than half of the states in America reopening their economies, owners and operators of lodging accommodations might be tempted to return to business as usual. That includes sales and marketing strategies that management was deploying before the coronavirus pandemic paralyzed the hospitality industry. But hotel marketing experts we interviewed say business will be read more