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COVID-19 / coronavirus impact on economy

U.S. Lost 5.6 Million Travel-Supported Jobs in 2020

WASHINGTON, D.C. — Travel's economic footprint in the United States shrank 42 percent last year, from $2.6 trillion to $1.5 trillion, according to new...
Red Carpet Inn Indian Head, Md.

hihotels by Hospitality International Grew System in 2020 With 18 Signed or Activated Properties

ATLANTA — hihotels by Hospitality International, a company franchising conversion and new build hotels for economy lodging, today reported that it signed and/or activated...
Chris Guimbellot, Hospitality International

Checking In: Chris Guimbellot Returns to Hospitality International to Lead Amid Turbulent Times

Chris Guimbellot started his career with Hospitality International and rejoined the company in 2020 as president and CEO. Guimbellot’s interest in hospitality goes back...
COVID-19 CBRE forecast

CBRE Adjusts U.S. Forecast in Light of COVID-19 Surge and Vaccine News

DALLAS — The recent surge in COVID-19 infections has dampened expectations for U.S. hotel performance through the first half of 2021, but news of...
Disaster recovery

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...
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