Tag: economy
Recovery Patterns From Historical Recessions
Since the start of the COVID-19 pandemic, CBRE has analyzed the operating performance of U.S. hotels during historical economic recessions to estimate the level...
Microtel by Wyndham Debuts Moda Prototype
PARSIPPANY, N.J. — Wyndham Hotels & Resorts today announced the opening of the 63-room Microtel by Wyndham in George, Wash.—the first hotel in the...
Legislators Urge Treasury and Fed to Step In as Hotels Face Foreclosures
The COVID-19 pandemic forced hotels nationwide to shut down for weeks or operate at record-low occupancies with reduced staff. With revenues significantly reduced, many...
Advancing in Place: Tina Burnett on Climbing the Career Ladder Alongside Motel 6 Franchisees
Divisional vice president of franchise brand performance Tina Burnett has spent her entire career, so far—22 years in May—with the company now called G6...
Unraveling What Makes Economy Hotels Tick
Well, there’s something to be said for simple things done well—a delicious meal, an outfit that flatters in all the right places, or parallel...