Tag: COVID-19
STR and Tourism Economics Upgrade 2021 U.S. Hotel Forecast, Lessen Growth Projections for 2022
NASHVILLE — Just released at the 13th Annual Hotel Data Conference, STR and Tourism Economics have upgraded the U.S. hotel forecast for 2021 as...
STR: U.S. Hotel Occupancy and ADR Dip in First Week of August
HENDERSONVILLE, Tennessee — Reflecting seasonality and greater concern around the Delta variant, U.S. hotel occupancy and average daily rate (ADR) dipped in the first...
Red Roof Supports COVID Relief Efforts in Gujarat, India
At the 2021 AAHOA Convention & Trade Show, Red Roof leaders presented representatives from Leuva Patidar Samaj of USA (LPS) with a donation to...
CBRE: Global Recovery Has Begun in Most Regions, But There Are Risks
DALLAS—The global economic recovery has begun to hit its stride in most regions, with workforces in many countries planning to return to the office...
Hotel Owners With CMBS Debt Who Deferred Payments in 2020 Might Face Dilemma
Most hotel owners received some type of forbearance on their loan payments due to the COVID-19 virus. Along with government assistance, this allowed the...