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Global hospitality leaders launch coalition to accelerate gender equality at highest industry levels
Some of the world's leading hoteliers and hospitality academics have joined forces to launch a pioneering initiative that aims to accelerate the path to improved gender equality in higher level positions across the industry, in line with the UN's Sustainable Development Goal 5.
Preferred Hotels & Resorts Enhances I Prefer Hotel Rewards Benefits Through Introduction of Limited-Time Biddable Travel Experiences
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Industry Leaders Predict Hospitality Recovery Is Likely to Start During the Second Half of 2021
HVS and The Lodging Conference hosted a webinar on January 14, 2021, that provided insights on what lies ahead for the hospitality industry in 2021. A truly distinguished group of hospitality executives shared their perspectives on the changing hotel landscape, along with their thoughts on navigating this unprecedented time. With more than 3,700 people registered for the webinar, participants heard from leaders across the industry.Rod Clough, President, HVS Americas, began the session with a forecast of what is in store for the industry, noting "This year, we expect an 11.5-percentage-point increase in occupancy, with the greatest gains in the latter half of the year, and a 7.5-percentage-point increase in 2022. Occupancy should be mostly recovered by 2023, with full ADR recovery following in 2024."
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