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...
Person using tablet

Hospitality Vendors and Service Providers Launch COVID-19 Tools and Resources

In response to the COVID-19 pandemic, scores of hospitality vendors and service providers have rolled out tools and resources—many of which they are offering...
Hotel Hallway

Checklist: Converting Hotels for COVID-Related Uses

As the coronavirus pandemic stresses both metropolitan “hotspots” and under-resourced communities, hotels across the country are being used as temporary lodging for medical workers,...
Empty highway during COVID-19

STR: More Than 75 Percent of U.S. Hotel Rooms Are Empty

HENDERSONVILLE, Tenn. — Reflecting the continued impact of the COVID-19 pandemic, the U.S. hotel industry reported significant year-over-year declines across three key performance metrics...
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....
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