Five of the biggest hotel groups lost in excess of $25 billion in market cap up until now. Experts say recovery is years down the road.
Hotels
Some “Get Real” Hospitality Insights for Hotels Post-COVID
Netherlands hotel innovators citizenM comes out with a subscription business plan that could drive profits. But is loyalty only about stable revenue?
Domotel Hotels & Resorts Names Liana Tampourea Head of Sales
Domotel Hotels & Resorts has selected longtime hospitality exec Liana Tampourea as the group’s new sales director.
30-plus Greek Hotels to Be Auctioned Off in the Coming Weeks
Some 30-plus hotels across Greece are to be auctioned in the next few weeks on acccount of inactivity related to COVID-19.
Crete’s Nana Princess Snags TÜV Austria “COVID Shield” Designation
Karatzis Group’s “Nana Princess Suites Villas & Spa” has received the designation “COVID Shield” by TÜV AUSTRIA.
Domes Resorts Partners With Hotel Investment Partners (HIP)
Domes Resorts partners with Hotel Investment Partners (HIP) for the management of two of its resorts in Corfu and Zakynthos.
A Collection of 6 Dreamy Crete Hotels Via Instagram
A collection of stunning hospitality stay on Crete Island fit for kings, queens, and dreamers of all walks of life.
Greek Hoteliers Chafed Over COVID-19 Bookings Dive
The Hellenic Hoteliers Federation is calling for a unified approach in dealing with the negative booking impact caused by recent government actions.
Ducato di Oia & Wine Hotels On Santorini Will Reopen July 1st
From July 1st, Santorini’s Ducato di Oia and Ducato Wine hotels will reopen to offer guests “bucket list” memories.
Grecotel Announces Opening of Greece Resorts in July
Beginning July 1st, Grecotel Hotels & Resorts will begin opening its popular resorts in Greece destinations.
Hyatt Plans 1300 Layoffs Starting June 1
Hyatt Hotels issued a press statement on Monday, saying that it would regretfully lay off 1300 of its employees worldwide as a measure to cope with the coronavirus crisis. On May 6, 2020, Hyatt reported an adjusted net loss of $35 million, or $0.35 per diluted share, in the first quarter of 2020. Other financial highlights […]
There’s a New Hotel on Mykonos, and It’s Vegan
Greece’s first vegan-only hotel has a melodious name: Koukoumi. It means “cozy” in Mykonian dialect, and it aims to be a haven, a retreat from stress, a once-in-forever memory that you make when life is too busy to allow you to notice the little things. What the owners describe on the official hotel website as […]
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