SPECIAL REPORT -- Market Update: Coronavirus Impact on Real Estate
Stock Market Volatility Index Reaches Record High
Turbulence Reinforces Long-Term Strength of Real Estate
The Senate's $2 Trillion Stimulus Bill Includes Relief For Retail, Hotels, Multifamily
Bisnow - March 25, 2020
Scandic Adapting Operations To A Temporary Period Of Significantly Lower Occupancy
hospitalitynet - March 23, 2020
Hilton Partners with Leading Companies to Find Temporary Jobs for Displaced Hotel Team Members
hospitalitynet - March 23, 2020
Wyndham: Additional Franchisee Relief: COVID-19 Update from Geoff Ballotti
wyndham.com
"
Core revenue producing software that operates on SaaS or revenue-share models should recover most rapidly. These systems will be essential as soon as travel restrictions are lifted. They include reservation service providers, channel managers, customer relationship management systems, online travel agents, and group/event software. Partners that can deliver provably incremental business and/or pinpoint the individual segments at the right point in time (since recovery times will vary significantly by segment and even microsegment) will be especially well placed. There will still be some falloff depending on how many hotels close for extended periods or permanently, and revenue-share models may be impacted by the downturn and ensuing lower rates. But the impact won’t be as dramatic as in other tech categories.
"
-- hospitalityupgrade.com
