Tag: COVID-19
CBRE Forecasts Continued Hotel Performance Recovery in 2022
Dallas—CBRE Hotels Research has raised its forecast for 2022 average daily rate (ADR), occupancy, and revenue per available room (RevPAR) to reflect the stronger-than-expected...
HotStats: COVID-19 Omicron Variant’s Effect on 2022 Travel
HotStats reports that as the world was slowly emerging from the COVID-19 Delta variant, along came Omicron. HotStats notes that there is an assumption...
CBRE Forecasts RevPAR to Recover by Mid-2023
DALLAS—According to CBRE, ADR gains and a 35.1 percent year-over-year increase in hotel occupancy in Q3 2021 showed that demand for U.S. hotel stays...
Air Quality Technology Can Help Guests Make Trustworthy Traveling Decisions
Building executives are aware of the historical impacts the pandemic has had on the hospitality industry as hotel owners attempt to calm guests’ COVID-19...
DELAMAR Hotels Surveys Corporate Meeting Planners in the Northeast
STAMFORD, Connecticut — DELAMAR Hotels in West Hartford, Southport, and Greenwich Harbor, Connecticut, and Traverse City, Michigan, released the results of a new survey...