Tracy Dong, senior advisor, APAC for IDeaS Income Options Resorts are heading into finances season at a troublesome time for the business. The pandemic-driven downturn has slashed revenues and imposed important monetary ache, forcing many inns to deal with price management. Because of this, particular person properties and teams are operating lean, with smaller operational […]
Tag Archives: revenue
Journey trade specialists have regarded into the most important income loss and the very best share of GDP misplaced per nation to disclose which nations have been financially impacted essentially the most by the lack of tourism attributable to COVID-19. Journey and tourism has been one of many principal industries to be gravely affected by […]
In an announcement to shareholders immediately, Australia’s nationwide flag provider Qantas reported a US$2.8 billion income loss for the second half of the 2020 monetary 12 months. Airline blamed the income hit on the crippling results of the COVID-19 pandemic. Qantas posted an US$89 million pre-tax revenue for the 12 months ending June 30, 2020, […]
Journey specialists have seemed into the largest income losses and highest share of GDP misplaced per nation to disclose which international locations have seen the best monetary influence on account of the lack of tourism brought on by COVID-19. Journey and tourism has been one of many most important industries to be gravely affected by […]
In August 2020, Hawaii hotels statewide continued to report substantially lower revenue per available room (RevPAR), average daily rate (ADR), and occupancy compared to the previous August due to the COVID-19 pandemic. According to the Hawaii Hotel Performance Report published by the Hawaii Tourism Authority’s (HTA) Tourism Research Division, statewide RevPAR declined to $34 (-85.9%), […]