Tag: coronavirus
Is the Perfect Storm Brewing for Hospitality Properties?
At the end of 2019, prognosticators expressed cautious optimism about economic prospects for 2020. Economic fundamentals, such as an 11-year upward trend in the...
Baird/STR Hotel Stock Index Fell 11.7 Percent in February Amid Coronavirus Concerns
HENDERSONVILLE, Tennessee, and MILWAUKEE — The Baird/STR Hotel Stock Index fell 11.7 percent in February 2020 to a level of 4,296. Year-to-date through the...
Kalibri Labs: Brand.com Costs Decline in January
ROCKVILLE, Md. — The Brand.com channel continues to improve in profitability metrics, including growth in overall contribution and declining costs per booking, according to...
STR: U.S. Hotels Report Mixed Results for the Final Week of February
HENDERSONVILLE, Tenn. — The U.S. hotel industry reported mixed year-over-year results during the week of February 23-29, 2020, according to data from STR. In...
Travel Industry Leaders Respond to Coronavirus Concerns
Leaders from the American Hotel & Lodging Association (AHLA), U.S. Chamber of Commerce, U.S. Travel Association, Airlines for America, and the National Retail Federation...