Tag: hotel industry
Report: 70 Percent of Hotel Employees Have Been Laid Off or Furloughed
WASHINGTON, D.C. — As COVID-19 continues to devastate the hotel industry, the American Hotel & Lodging Association (AHLA) released a new report highlighting that...
HotStats: How Coronavirus Is Impacting the Global Hotel Industry
LONDON — The extent to which the coronavirus has impacted the global hotel industry is now coming into focus based on new data from...
AETHOS Consulting Group Shares Four Predictions and Insights for 2020
AETHOS Consulting Group's U.K. and U.S. Managing Directors recently shared predictions, concerns, and issues for the hospitality industry in 2020. From challenges related to...
CBRE: U.S. Lodging Revenue Growth to Slow Through 2021
ATLANTA — CBRE Hotels Research forecasts that revenue growth will continue to diminish, but the U.S. lodging industry will remain strong through the next...
U.S. Hotel Industry Proves Resilient in September
The third quarter ended on a high note for U.S. hotels, as September profit-per-room climbed year-over-year (YOY), an indication that the current cycle still...