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