TOP STORY Oakwood postpones sale of agency business to Dwellworks US/Singapore: Oakwood has postponed the sale of its global solutions business to Dwellworks and is suspending new bookings through its agency arm. LATEST NEWS FEATURES VIDEOS Editor's comment
27-03-2020
• Oakwood's decison to shelve the sale of its global solutions business to Dwellworks is one of the first indications of major disruption to companies in our sector due to the coronavirus epidemic. CEO Dean Schreiber said: "It’s a disappointing decision for both companies, as we are still aligned in our values and a shared vision for the future. But we are in agreement that we cannot move forward at this time due to current market conditions." • Serviced Apartment News is polling serviced apartment, aparthotel and extended stay operators across the globe to gauge the impact of the coronavirus on the sector and to share strategies for mitigating its effects.
The results of the survey will be shared next month, with the intention of giving an up-to-date snapshot of the sector, and of using the industry's collective knowledge and experience to offer potential solutions and strategies for negotiating the pandemic.
We would be very grateful if you would take a few minutes to complete the survey and share your experience. The survey is anonymous and will be open for responses until 18:00 BST on Sunday April 5th. Click here to take part.
We are also looking for opinion pieces from industry leaders about how to deal with the coronavirus and its effects. If you'd like to share your thoughts on how our sector can best cope during the pandemic, please drop me a line at george@internationalhospitality.media
Thank you and stay safe.
George Sell, editor Katie Houghton
Group head of sales: +44 (0)7535 135 116
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