Tag Archives: Covid-19

COVID-19’s Impact on the Hospitality

How COVID-19 Will Change the Hotel Industry

Competitive Intelligence

As hotels begin to reopen for business, here’s a look back on the damage done – and where to start rebuilding Industry experts predict hotels around the world will slowly start to reopen for business this June, according to several trade publications. The impacts of COVID-19 have rocked the industry like never before seen. Hotel occupancy dropped by 62% since last year, according to analytics company STR. That’s added up to more than 100% profit losses throughout the U.S., Europe, Asia, and the ...

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Hotel Industry can Recover from COVID-19

5 Ways the Hotel Industry can Recover from COVID-19

Competitive Intelligence

The pandemic will pass, but will your hotel survive the virus? The hotel industry has laid off more than 4 million employees recently due to coronavirus. And the financial ramifications are nowhere near done. Eight out of 10 hotel rooms throughout the country are currently unoccupied, according to hospitality analytics company STR. That’s down 68 percent from last year. With little to no revenue coming in, it’s to take creative strategy to recoup losses due to the pandemic. Hospitality Excellenc...

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Disney World’s Reopening

5 Hospitality Lessons From Disney World’s Reopening

Competitive Intelligence,

Disney is proof there can still be the happiest place on earth during a scary time in history. Disney World in Orlando FL reopened theme parks this week to overall pleasant reviews. Some even argue the Magic Kingdom is safer than the grocery store now. It makes you wonder: Can I use a little Disney magic to prevent the spread of COVID-19? If you’ve been mulling over the best ways to make guests feel safe in your restaurant, check out these tips... 1. Limit occupancy What Disney did: Disney cut t...

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Restaurants can Survive COVID-19

6 Creative Ways Restaurants can Survive COVID-19

Competitive Intelligence

An unprecedented pandemic calls for out-of-the-box thinking. Since early March, almost 16,000 restaurants throughout the U.S. have closed for good, new research from Yelp shows. And yes – it's directly connected to the COVID-19 pandemic. Restaurants made up the bulk of closed businesses in the review site's Local Economic Impact Report. And shutdowns throughout the country caused those and an additional 11,000 to temporarily close. But at this rate, how much longer before the others fall victim ...

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Restaurants During the Pandemic

7 Safety Precautions for Restaurants During the Pandemic

Competitive Intelligence

Restaurants are still hubs where COVID-19 is sure to spread. How do you get back to business during a pandemic? The New York Times just reported the spread of COVID-19 is still rampant in restaurants. Recently released data shows an increase in outbreaks throughout the country, all centered around restaurants. The three largest examples the Times suggests are in Louisiana, Maryland, and Colorado. Louisiana has seen nearly 25% of its close to 2,400 cases related to restaurants; contact tracers in...

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