Profit decline

STR 2020 Outlook: U.S. Hotel RevPAR to Drop 50.6 Percent

HENDERSONVILLE, Tenn. — Due to the impact from the COVID-19 pandemic, the U.S. hotel industry is projected to report a 50.6 percent decline in...
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...
conferences coronavirus

UPDATED: Industry Conferences Postponed Amid Coronavirus Concerns

In light of the COVID-19 outbreak and recommendations from public health officials, several industry conferences have announced cancellations or rescheduled dates. The list below...
Tina Huisman

Tina Huisman on Coping with Financial Uncertainty Caused by COVID-19

As a partner with Baker Tilly, Tina Huisman specializes in evaluating financial controls, construction contract auditing, and financial statement audits—primarily with hospitality and real...
Seattle saw the steepest declines in each of the three key performance metrics for the week of March 8-14, 2020.

STR: U.S. Hotel Occupancy Dropped to 53 Percent During Second Week of March

HENDERSONVILLE, Tenn. — Showing further COVID-19 impact, the U.S. hotel industry reported negative year-over-year results in the three key performance metrics during the week...

Most Popular

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...

Our View

CLOSE
CLOSE