IHG expects to report a comparable RevPAR decline of 75% for Q2.
The company plans to raise USD 500 million by offering 50 million units at USD 10.
The combination of the investment and the credit agreement amendment will strengthen its financial profile.
Airbnb said 95% of its listings in Amsterdam were outside the banned zone.
Google’s new tool provides data that are “super upper-funnel” concerning travelers inclinations when they are in the initial stages of planning a trip.
Hoteliers and revenue managers must rethink their commercial strategy to navigate the new normal.
Recovery will come when people feel like it’s safe.
As of the end of May, Tripadvisor had $693 million on hand.
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