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Hotels CapEx depletion concept: Business person holds up money to protect against COVID-19

Is the Industry Facing a CapEx Depletion Syndrome?

In 2020, as the pandemic swept through the United States, many of its nearly 58,000 hotels remained solvent in part by deferring planned capital...
New York City

U.S. Top 25 Markets Have Been Hit Hard by COVID-19

STR's Top 25 Markets are the largest of the STR-defined U.S. markets. In 2019, they accounted for one-third of all the available rooms in...
Bankruptcy

Small Business Reorganization Act: Resolving Financial Hardship Amidst a Pandemic Economy

Owners of hospitality properties, which are considered “operating businesses,” owing less than $7.5 million may want to consider filing for Subchapter V bankruptcy to...
COVID-19 vaccine

AHLA: Updated CDC Vaccination Guidelines Now Include Hotel Workers in ‘Phase 1c’

WASHINGTON, D.C. — On Monday, the American Hotel & Lodging Association (AHLA) released a statement from its president and CEO, Chip Rogers, on the...
Travel

Deloitte: Perception of Travel Safety Improves, Net Spending Intent Hits Pandemic High

Through the pandemic, Deloitte has been conducting a series of weekly surveys around the United States to better understand the interplay between personal safety...