Tag: 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...
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...
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...
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...