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coronavirus economic impact

HotStats: August Proves Positive Month for Regions Outside U.S.

LONDON — Europe, Asia Pacific, and the Middle East all showed positive gross operating profit per available room (GOPPAR) in August, according to the...
Guangzhou, China Q2 2020

China’s Hotel Construction Pipeline Reaches All-Time High in Q2

PORTSMOUTH, N.H. — Analysts at Lodging Econometrics (LE) reported in the latest China Construction Pipeline Trend Report that China's total hotel construction pipeline continues...
Hilton and Country Garden to develop 1,000 Home2 Suites by Hilton hotels in China

Hilton and Country Garden to Develop 1,000 Home2 Suites in China

SINGAPORE and MCLEAN, Va. — Hilton today announced the signing of an exclusive management license agreement with Country Garden to introduce and develop the...
Guest arrives in guestroom

Stephen Rogers on Deloitte’s “Global State of the Consumer Tracker” Survey

Last week, Deloitte released the results of its first in a series of bi-weekly surveys that focus on the effects of the current global...
Coronavirus with world map in the background

HotStats: How Coronavirus Is Impacting the Global Hotel Industry

LONDON — The extent to which the coronavirus has impacted the global hotel industry is now coming into focus based on new data from...