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...
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...
Travel Industry Calls for Additional $600 Billion for Paycheck Protection Program
WASHINGTON, D.C. — The U.S. travel industry, including the American Hotel & Lodging Association (AHLA), the Asian American Hotel Owners Association (AAHOA), and the...
Hotel Brands Prepare for the Return of Meetings and Events
Over the past several months, leading hotel brands have developed and shared plans to safely welcome back groups to their properties once local regulations...
Hyatt Outlines a Path Forward That’s Focused on Wellbeing
CHICAGO — Hyatt Hotels Corporation today announced its path forward to welcome back guests to Hyatt hotels. With a focus on safety and wellbeing,...
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IHG Hotels & Resorts Implements Apple AirPlay at North American Hotels
NEW YORK—IHG Hotels & Resorts launched Apple AirPlay in the first phase of hotel rooms, giving guests the ability to stream content privately from...
Davidson Hospitality Group Recommits to Sustainability
ATLANTA, Georgia—Davidson Hospitality Group announced its renewed commitment to sustainability and conservational efforts through streamlined engineering management, strategic operational partnerships, food and beverage programs,...
Maverick Hotels and Restaurants Adds Two Properties to Managed Portfolio
BOSTON, Massachusetts—Maverick Hotels and Restaurants announced that it has added The York Beach Surf Club and The Sea Latch Inn, both located in York...
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