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Coronavirus impact on economy

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...
Storm - economy

Is the Perfect Storm Brewing for Hospitality Properties?

At the end of 2019, prognosticators expressed cautious optimism about economic prospects for 2020. Economic fundamentals, such as an 11-year upward trend in the...
Is the industry upcycle ending? Will there be a recession?

Is the Industry Upcycle Ending?

After a strong decade of growth in the hospitality sector, coupled with recent trade wars and monetary policy changes, the question at the top...

Super 8 Adopts the Spirit of Sharing with ROOM8

Super 8 by Wyndham is launching its new ROOM8 design concept based on the submission of ROOM8 Design Challenge winner Candice Buttars, an undergraduate...
OYO - Ritesh Agarwal

Chic, Not ‘Cheap’: Fledgling Indian Hospitality Company Brings Concept To the United States

Only 25 now, Ritesh Agarwal, founder and group CEO, OYO Hotels & Homes, recognized the need for affordable and good-quality hotels in the unbranded...