Tag: economy
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...
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...