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