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"With national borders largely closed worldwide, inbound tourism to Japan has plummeted. Although overseas visitors are a key driver of growth in the hospitality sector, domestic tourism still accounts for most demand. "
"The staycation concept has extended to holiday clusters between European countries."
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"Sustainability has risen up the list of priorities for both holidaymakers and investors."
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"Many hotel owners and operators are currently in an unfortunate period of rebuilding their businesses and have been asking us which segment of hotels will recover the quickest; midscale or luxury?"
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"It isn't only indoor space that will have to be adapted post-Covid-19."
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"The COVID-19 outbreak has become a significant disruptor to the world’s economy, with tourism standing out as one of the most negatively impacted industries."
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"Adversity can provide a driver for renewal."
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"Domestic tourism has fueled the improvement in hotel performance across the APAC markets in Q2 2020. However, transactional activity has remained subdued."
"Google mobility data demonstrates pronounced improvements in travel across leisure-led locations, translating into strong occupancy and ADR performance"
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"Hoteliers could offer guestrooms as short-term office accommodation."
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