LODGING Staff1
Middle East Hotel Pipeline Declines for Fifth Consecutive Quarter
PORTSMOUTH, N.H.—Lodging Econometrics (LE) this week reported that at the end of Q3 2020, the hotel construction pipeline in the Middle East declined to 579 projects/168,042 rooms—down 7 percent by projects and 6 percent...
Survey: Americans Prioritize Future Travel With Family
WASHINGTON, D.C.—As the holiday season approaches, American travelers have an abiding desire to travel, even as the country navigates the challenges of the pandemic, and a future trip—particularly domestically and with family members—remains a...
AHLA Releases Statement on Main Street Lending Program
WASHINGTON, D.C.—On Friday, the American Hotel & Lodging Association (AHLA) released a statement from its president and CEO, Chip Rogers, regarding the Main Street Lending program.
“The Treasury Department’s inability to deploy the Main Street...
AAA: Thanksgiving Travel to Decline as Pandemic Concerns Grow
ORLANDO, Fla.—According to AAA Travel, health concerns and high unemployment during the COVID-19 pandemic are impacting Americans’ decisions to travel for the Thanksgiving holiday. With health and government officials stressing that staying home is...
Aimbridge Grows Portfolio and Expands Platform for Stabilizing Distressed Assets
DALLAS—Aimbridge Hospitality recently announced continued portfolio growth and the expansion of its Aimbridge Receiver Services (ARS), which focuses on stabilizing hotels with distressed debt and recovering lost value due to the ongoing challenges in...