U.S. Travel: Economy to Take $809 Billion Hit As a Result of Coronavirus
WASHINGTON, D.C. — A new analysis prepared for the U.S. Travel Association by Tourism Economics and released on Tuesday projects that decreased travel due...
U.S. Hotels Report Profit Growth in January Amid Coronavirus Concerns
LONDON — U.S. hotels eked out a 0.6 percent year-over-year (YOY) increase in GOPPAR in January, but as the full scope of the coronavirus...
STR: Hotel Industry Posts Positive Performance for First Month of 2020
HENDERSONVILLE, Tenn. — The U.S. hotel industry reported positive results across three key performance metrics during January 2020, according to data from STR. Compared...
Hotel CEOs Call for Federal Action to Expand COVID-19 Testing
WASHINGTON, D.C. — Fourteen CEOs of travel-related companies sent a letter to the president and congressional leaders on Monday urging a stepped-up federal role...
Hotels: Learn From the Past and Prepare for the Future
The following article is from the perspective of Marco Benvenuti, co-founder of Duetto.
The COVID-19 pandemic is a black swan event—unprecedented in scale and impact. It...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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