IHG announce cost cutting measures to free up $150 million
InterContinental Hotels Group has the announced there will be a "substantial" reduction in salaries for Board and Executive Committee members as part of a series of new measures designed to soften the financial blow of the coronavirus crisis.
Sydney hotel performance experiences softening despite tourist increase - CBRE
An increase in tourist volume has not been enough to stop Sydney's hotels from recording a drop in revenue per available room and average daily rate in 2019, according to a CBRE report.
IHG waives cancellation fees until the end of April
InterContinental Hotels Group has updated its cancellation policy in the wake of the coronavirus pandemic, waiving cancellation fees for existing and new bookings at all IHG hotels globally for stays between March 9, 2020 and April 30, 2020.
AHA welcomes state government's Do it in WA campaign
The announcement of WA’s largest ever intrastate marketing campaign has the strong support of the Australian Hotels Association (AHA) WA, which says the initiative will provide significant support to WA’s hotels and hospitality businesses at a time it is facing unprecedented challenges.
TAA CEO Michael Johnson with Dransfield Hotels and Resorts Owner and Managing Director, Dean Dransfield at the Tourism Accommodation Australia NSW Hotel Market and Economic Outlook forum.
Government stimulus package to deliver 'practical' assistance to accommodation industry
Tourism Accommodation Australia (TAA) has commended the Federal Government for its $17.6 billion economic stimulus package announced today, saying it will provide timely support to Australia’s accommodation sector in face of the coronavirus crisis.
