Using Data to Help Business Recover from COVID-19
COVID-19 has devastated the hotel industry, and we are seeing lower occupancy rates, RevPAR rates (Revenue Per Available Room), and ADRs (Average Daily Rate) than ever before. But what does this mean for the Alberta hotel industry? How long will it take to bounce back?
STR, a firm that benchmarks and analyzes the global hospitality sector, recently held an exclusive webinar for Alberta hotels to give them insight into the current situation, how they recovered from previous major downturns, and a forecast for the Canadian hotel sector.
Navigating Property Taxation Through Challenging Times
Over the last few years, things have been difficult for the Alberta hotel industry, starting with the struggling oil and gas industry and now with the onset of the COVID-19 pandemic. To weather the storm, hotels must minimize expenses. One of the biggest is municipal and provincial property taxes.
The AHLA partnered with real estate services firm Altus Group last week to present a webinar to help Alberta hotels understand the assessment and property tax system in our province and to identify steps that they can take immediately to address property taxation expenses.
Holding the Line & Protecting Your Revenue During COVID-19
Gillis Sales shared how to protect your business and set yourself up for success post-COVID-19.
Tammy Gillis, CEO and Founder of Gillis Sales, has more than 25 years in hospitality sales. She provided attendees with practical information about sales tactics, protecting your business during COVID-19, and targeting companies that are still traveling.
Gillis has also set up an online sales community that will give you sales leads, sales tips, and a forum to answer your sales questions. Users will be asked to register and provide their credit card for the 60 day trial, but there will be no charge if they cancel before the 60 day deadline.
Keys to Managing Through Uncertainty
Ted Bradshaw, Certified Entrepreneural Operating System (EOS) Implementer, presented some tools for busy leaders navigating these unprecedented times.
Attendees learned how to:
- Understand the six keys to building a truly great organization
- Confront and solve organizational issues head-on
- Get everyone focused and on the same page, with better communication
- Be better equipped to make difficult people decisions