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Hotel Business: Looking for Local Business is Key to Recovery

March 19, 2020

As seen on Hotel Business by Gregg Wallis.

NATIONAL REPORT—Smart decision-making can help the hospitality industry get through the current pandemic, according to advice and research from Knowland, a provider of meetings market data and analytics for hotels, convention and visitor bureaus (CVBs), convention centers and other meeting venues.

“Each day brings new challenges as organizations cancel conferences, businesses suspend travel and airlines cut services related to the spread of the coronavirus and its new official label as a ‘pandemic,’” said Kristi White, VP of product management, Knowland. “These strategies are proactively trying to manage the situation. It’s more about taking control to prevent community spread and halt the dissemination of the virus than panic. So, let’s treat it that way. It’s good decision-making. If we all do our jobs, we will contain the virus, stop it in its tracks and return to normalcy quicker than expected.”

White said the best way to do this is stay calm and prepare for local, smaller business. “Today, many of the restrictions established are around cross-border travel and with an expiration date of approximately eight weeks,” she said. “Obviously, this could extend but it does show companies are hoping for the best outcome.”

Read the full report in Hotel Business Magazine.

Category iconMedia,  Uncategorized Tag iconbooking trends,  cancellations,  coronavirus,  covid-19,  deferred bookings,  hotel group business,  local business,  meeting travel

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