Tag: coronavirus
International Inbound Travel to Plummet 6 Percent Over Next Three Months
WASHINGTON, D.C. — The Leading Travel Index (LTI), the predictive component of the U.S. Travel Association's Travel Trends Index (TTI), projects international inbound travel...
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...
Preparing Hotels to Weather Infectious Disease Outbreaks
The World Health Organization recently declared the current outbreak of novel coronavirus (2019-nCoV) first reported in Wuhan, China, a global public health emergency—the sixth...
STR Releases Preliminary Data on Coronavirus’ Impact on Hotels
SINGAPORE—Preliminary data and analysis from STR shows a 75 percent decline in hotel occupancy in Mainland China from January 14-26, 2020. Performance during the...