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Coronavirus

Coronavirus updates — How COVID-19 is impacting the hotel and travel industries, advice, news, updates, and more

Pendry West Hollywood

New Rules: Rewriting the Hotel Development Playbook

This time last year, some of the biggest challenges facing hotel developers were high labor costs, brand fatigue, and market competition. The industry’s circumstances...
Disaster recovery

Recovery Patterns From Historical Recessions

Since the start of the COVID-19 pandemic, CBRE has analyzed the operating performance of U.S. hotels during historical economic recessions to estimate the level...
Rebound, Crisis Recovery

CBRE: U.S. Hotel Industry to Begin Multiyear Recovery in Q3

LOS ANGELES – After facing the lowest occupancy levels since the 1930s and the greatest declines in revenues and profits ever experienced in the...
COVID-19 forecast travel

Magid HTL Forecast Tracker: Annual Hotel Occupancy to Decline 29 Percent Over Next Year

MINNEAPOLIS — The ongoing impact of the COVID-19 pandemic will lead to a 29 percent decline in annual hotel occupancy over the next 12...
Coronavirus / COVID-19

STR: ADR Not Expected to Recover to Pre-2020 Levels in the Next Five Years

HENDERSONVILLE, Tenn. — Even with improving performance already underway, U.S. hotel demand will not return completely to pre-pandemic levels until 2023, according to the...
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