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Pay now, stay later: Hotels hit hard by coronavirus pandemic selling bonds for future travel

Pay now, stay later: Hotels hit hard by coronavirus pandemic selling bonds for future travel By Lori Rackl, Chicago Tribune © Jose M. Osorio/Chicago Tribune/TNS Lobby and reception area at the Hotel Julian, a 218-room boutique hotel in the former Atlantic Bank Building in Chicago, on Wednesday, Oct. 30, 2019. Hotel Julian is offering bonds for future stays. CHICAGO Either closed down or operating with most of their rooms empty, hotels are finding ways to put cash in their pockets now for services provided later, spawning some enticing deals for consumers. Take the 452-room hotel LondonHouse Chicago. It’s offering “bonds” that people can buy in $100 increments. Once those bonds mature after 60 days, they’re worth $150 a quick 50% return on investment. When the coronavirus crisis subsides and guests are ready to book, they can use the bonds to pay for everything from overnight stays to room service and drinks at the hotel’s rooftop terrace ove

The pandemic forced sweeping changes in travel Experts argue these should stay

At the start of the pandemic last year, passenger rights advocate Adeline Noorderhaven found herself in the most far-reaching dilemma anyone in her field had ever faced: Airlines grounded almost every flight, and virtually every passenger expected a refund. This was obviously not possible for airlines considering the scale of cancellations that started in March 2020, says Noorderhaven, president of the Association of Passenger Rights Advocates, which advocates for the rights of all air travellers entering the European Union. Instead of cash, airlines were handing out vouchers. We have therefore been focused on passengers fighting to get their money back, she said.

When travel resumes, politics is absolutely likely to affect where people want to go and where they ll feel welcome

TRENDSPOTTING When travel resumes, politics is ‘absolutely’ likely to affect where people want to go and where they’ll feel welcome Even before America’s great rupture, there was evidence that travelers preferred to avoid visiting places whose residents didn’t share their politics. By Jon Marcus Globe Correspondent,Updated January 28, 2021, 12:00 p.m. Email to a Friend Even before America’s great rupture, there was evidence that travelers preferred to avoid visiting places whose residents didn’t share their politics.Siberian Art/stock.adobe.com The man at the bar in Winston-Salem, N.C., looked up from his reading to ask the newcomer where he was from.

Does Donald Trump Have Any Real Future in the Hotels Business?

More travel executives get their mission-critical industry news from Skift than any other source on the planet.Tell me more The gold is starting to lose its shine, as Donald Trump steps out of the presidential limelight and faces repercussions after the breach of the U.S. Capitol by his supporters. The hotelier was caught up in multiple scandals during his time in office. This time, the blowback will severely impact his hospitality businesses, according to experts. It’s a blowback that will likely spread further than political donations and stumbling blocks to sell a Washington, D.C. property. This month, several organizations have spoken up.

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