data / chart

CBRE Updates Forecast, Predicts 37 Percent RevPAR Decline for 2020

This week, CBRE released an updated 2020 outlook that analyzes the impact of the COVID-19 pandemic on hotel performance and provides insights into recovery...
Coronavirus with world map in the background

HotStats: How Coronavirus Is Impacting the Global Hotel Industry

LONDON — The extent to which the coronavirus has impacted the global hotel industry is now coming into focus based on new data from...
San Francisco recorded the worst declines in each of the three key performance metrics during the week of March 15-21, 2020

STR: RevPAR Falls to $28.32 During Third Week of March

HENDERSONVILLE, Tenn. — Showing further effects of the COVID-19 pandemic, the U.S. hotel industry reported significant year-over-year declines across three key performance metrics during...
Holiday Inn Mobile

Mumford Company Completes Sale of Holiday Inn Mobile Airport

Newport News, Va. — Mumford Company, a full-service hotel advisory firm since 1978, announced it has completed the sale of the Holiday Inn Mobile—Airport...
ROOSE Charleston

Knighthead Funding Provides $30.5 Million Loan to Finance Development of ROOST Charleston

Greenwich, Conn. — Knighthead Funding LLC has provided King & George Street, LLC with $30.5 million in short-term first mortgage debt for the development...

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Coronavirus impact on economy

UPDATED: How Hotel Brands Are Responding to COVID-19

Leading hotel brands have responded to the COVID-19 pandemic in various ways—from temporarily suspending brand standards and cutting franchise fees to opening their services to...
CARES Act

What Hotel Owners and Operators Need to Know About the CARES Act

On March 27, 2020, President Donald Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act also known as the CARES Act....
Pechanga Warehouse Team Member, Darren Henderson stacks melons and pineapples high on a pallet jack in preparation for donation.

Hotels Step Up to Feed Their Communities During COVID-19

As the number of COVID-19 cases rises nationwide, hotels across the country are shutting their doors and turning off the lights in response to...

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