Best Western: Business Travel to 'Take Hold' in 2022By Donna M. AiroldiThe U.S. lodging industry's recovery will be a multiyear process, even with leisure travel already on its way back, said Best Western SVP and chief... KEEP READING
Report: Economy Extended-Stay March KPIs Exceed 2019 LevelsBy Donna M. AiroldiThe three key performance indicators for the economy extended-stay segment of the U.S. lodging industry for March 2021 exceeded levels from March 2019,... KEEP READING
Amadeus: Global Hotel Occupancy on the Rise Throughout 2021By Donna M. AiroldiWorldwide hotel occupancy increased from 31 percent in January 2021 to 46 percent in April, according to a new report from Amadeus. Global hotel... KEEP READING
Suppliers Say Staffing Shortages Dragging RecoveryBy Dawit HabtemariamU.S. hotels and other suppliers say they are struggling to get workers back as demand heats up, which could lead to servicing problems and higher prices... KEEP READING
STR, Tourism Economics Upgrade 2021 U.S. Hotel ForecastBy Donna M. AiroldiIn a departure from its most recent projection in January, STR and Tourism Economics upgraded their latest 2021 U.S. hotel forecast due to... KEEP READING
ESA: Q1 RevPAR Down 1.7 Percent from 2020By Donna M. AiroldiExtended Stay America's first-quarter revenue per available room declined just 1.7 percent year over year, according to the company. Average daily rate... KEEP READING
Choice: Monthly RevPAR Just Shy of Pre-Covid LevelsBy Donna M. AiroldiChoice Hotels' revenue per available room in April declined 4.2 percent compared with 2019, nearly matching its pre-pandemic level, the company... KEEP READING
Marriott: Some Future Group Rates Above 2019 Levels, Demand Still to Catch UpBy Donna M. AiroldiGroup business already on the books for the first quarters of 2022 and 2023 at Marriott International's U.S. and Canada properties has been booked at... KEEP READING
IHG: Americas, Greater China Led Q1 Demand ImprovementBy Donna M. AiroldiIHG Hotels & Resorts reported declines during the first quarter in the industry's three key performance metrics, but there was a "notable pick-up in... KEEP READING
Hyatt: First-Quarter Loss Nearly Tripled, Yet Results 'Exceeded Expectations'By Donna M. AiroldiHyatt Hotels Corp. reported a $304 million net loss during the first quarter, which included a $193 million non-cash full valuation allowance on U.S.... KEEP READING