Indian Hotels Company said has launched a five-point strategy under the banner ‘Reset’ to help overcome the impact of the pandemic, including contract renegotiation and asset sales.

Host Hotels & Resorts has said that its properties can be economically viable with occupancy as low as 10 to 15%.

Expedia struck decidedly upbeat notes about recent and current trading alongside second quarter earnings figures posted on 30 July. Its assessment of its Vrbo home-rental booking service was particularly bullish.

The first half of the year is over, and as the industry prepares for an H2 hampered by a deadly pandemic, different markets worldwide are struggling to balance safety with profitability as “anaemic” occupancy continues to choke off revenue, according to the latest report from HotStats. 

PPHE Hotels says in a trading statement it reacted quickly to combat Covid-clattered trade between March and June this year.

While Europe’s hotel industry reported improved performance in May, the numbers from last month were at an all-time low level for a June, according to data from STR.

“Guest safety and associate safety were the absolute priority and understanding what we needed to do to ensure their health and wellbeing” said Cameron Read, chief financial officer, Europe, Middle East & Africa reflecting on the initial response from Marriott International to the outbreak of COVID-19.

Airbnb has revived rumours of an IPO after an reorganisation which saw the departure of Greg Greeley, the president of homes.

Spain was seeing occupancy levels starting to show signs of slight recovery due to a lifting on restrictions, according to STR.

Pandox CEO Anders Nissen told us that it was “too early” to look to acquire assets, describing it as “a big risk”.