face mask on a suitcase

Roundup: Hotel Brands Enhance Hygiene Standards to Prepare for Guests’ Return

Hotel brands have responded to heightened public health concerns tied to the COVID-19 pandemic by working with the Centers for Disease Control and Prevention...
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...
Residence Inn by Marriott Waco/South in Texas

HVMG to Manage Upcoming Residence Inn by Marriott Waco/South

WACO, Texas — Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership, and management company, recently announced it was awarded management of...
coronavirus economic impact

HotStats: U.S. Hotel Performance Continued Free Fall in April, Signs of Rebound Emerge in...

LONDON — The drop in global hotel revenue and profit performance continued its free fall in April 2020, marked by dramatic year-over-year (YOY) decreases...
Capitol Hill

AHLA Applauds Introduction of Bipartisan Per Diem Bill in House

WASHINGTON, D.C. — On Tuesday, the American Hotel & Lodging Association (AHLA) expressed support for H.R. 6995, bipartisan legislation introduced by Florida Representatives Bill...

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Profit decline

STR: U.S. Hotel Profits Dropped 116.9 Percent in April

BROOMFIELD, Colo. — U.S. hotel gross operating profit per available room (GOPPAR) fell 116.9 percent during April 2020, according to the latest monthly P&L...
Paycheck Protection Program (PPP)

AHLA Applauds House Passage PPP Expansion Bill

WASHINGTON, D.C. — On Thursday, the U.S House of Representatives passed bipartisan legislation to expand the Paycheck Protection Program. In a statement released on...
Working from Home

Navigating Conversations With Lenders During COVID-19

How should I approach my lender about new challenges?  "In light of the current crisis, my financial situation has changed. How should I approach my...

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