The Week, That Was – August 2020 Week 4

In five minutes or less, keep track of the most important news of the week, curated just for you. We present to you hand – picked news on latest industry perspectives and some general updates. Read on!!

eRevMax reports strong recovery signals for Malaysian hotel sector

Advance bookings reach almost 95% in August, compared to January, showing extremely positive sentiment among bookers. With partial reopening of medical tourism and travel bubble with Singapore, Malaysia might witness further growth in the coming days. Read the full report.

https://www.erevmax.com/ratetiger-news/ratetiger-news-archive/aug2020-erevmax-reports-strong-recovery-signals-malaysian-hotel.html

126,000 tourists visit Egypt since early July amid COVID-19 downward trend

Egypt has received 126,000 tourists since it reopened its seaside resorts to international flights and foreign tourists on July 1, after a three-month halt due to the coronavirus pandemic. As hoteliers, are you connected to the right channels? Manage your online distribution through RateTiger and know the key channels that bring maximum business to your city. Contact us on – marketing@erevmax.com

https://www.globaltimes.cn/content/1198896.shtml

Webinar – Plan, Execute, Recover – Hospitality Strategies for the APAC Hotels

Industry experts join hands to talk about reopening of travel in Asia Pacific and how hotels can capture demand through better channel connectivity and cater to evolving guest expectations. The session will have speakers from Maritim Hotels, Chroma Hospitality, Alorie Hospitality, eRevMax, Winsar Group and KAI Hotel Solutions. Register today to join the session on 3rd September, 16:00 SGT – https://zoom.us/meeting/register/tJIkcumgrDwtHNyud2MBXVriZKYna2EFuc-J

Frequent travelers cite priorities for hotel stays

Face coverings for employees and guests, suspending daily housekeeping of rooms, and utilizing technology to reduce direct contact have a considerable impact on guests’ comfort levels.

https://www.ahla.com/press-release/survey-frequent-travelers-cite-priorities-hotel-stays

Despegar gets $200M in investments, sees “positive trend” in bookings

Latin America-based online travel agency and eRevMax partner Despegar has raised $200 million in two transactions. In tandem with the report of its financial results for the second quarter of 2020, Despegar says it has a private placement with L Catterton, the largest consumer-focused private equity fund in the world, to issue and sell preferred stock plus warrants to purchase ordinary shares for an aggregate price of $150 million.

https://www.phocuswire.com/despegar-q2-2020-financial-report

Reach out to us for your connectivity needs to make the most of your online revenue- https://goo.gl/3gKUJZ Thanks and have a good day!      

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