Tag: economy
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...
Update: U.S. to Lose 5.9 Million Travel-Related Jobs Before May
WASHINGTON, D.C. — Revised projections show a worsening impact of the coronavirus on the U.S. economy: a loss of 5.9 million jobs by the...
U.S. Travel: Economy to Take $809 Billion Hit As a Result of Coronavirus
WASHINGTON, D.C. — A new analysis prepared for the U.S. Travel Association by Tourism Economics and released on Tuesday projects that decreased travel due...