AHLA: 2021 U.S. Hotel Jobs Expected to Be Down 20 Percent from 2019 LevelsBy Donna M. Airoldi In a new report released today by the American Hotel & Lodging Association, the U.S. hotel industry is expected to reach 1,863,026 jobs in 2021,... KEEP READING
Marriott, Hilton, IHG Account for 73 Percent of U.S. Hotel Rooms Opened in Q1By Donna M. AiroldiDuring the first quarter of 2021, the U.S. hotel industry opened 229 hotels with 27,528 rooms, according to the latest U.S. Construction Pipeline Trend... KEEP READING
Short-term Rental Company Sonder to Go Public via SPAC at $2.2 Billion ValuationBy Donna M. AiroldiApartment-style accommodation provider Sonder intends to go public by merging with special purpose acquisition company Gores Metropoulos II with a... KEEP READING
Vindow Names New OfficersBy Donna M. AiroldiGroup accommodation booking platform Vindow has named COO Andrea Coronel as chief transformation officer. ... KEEP READING
Accor Names Alden Raffles, Orient Express CEOBy Donna M. AiroldiAccor has appointed former Starwood Hotels and Resorts executive Stephen Alden as CEO of the Raffles and Orient Express brands, the company announced.... KEEP READING
Wyndham: Business Travel Kept Hotels Open During PandemicBy Donna M. AiroldiCorporate travel accounts only for about 30 percent of Wyndham Hotels & Resorts bookings, but it "allowed our hotels to stay open and never close, and... KEEP READING
Hotel Industry Pushes New U.S. Legislation for Payroll GrantsBy Chris DavisNew legislation that would provide U.S. hotel owners and operators direct federal grants to rehire laid-off workers was set to be introduced in the U.S.... KEEP READING
Hyatt Introduces New Meeting Offerings, Hybrid TechBy Donna M. AiroldiHyatt Hotels Corp. has launched new event offerings designed to assist meeting planners as they return to in-person events, the company announced.... KEEP READING
Sonesta to Offer Covid-19 Testing for MeetingsBy Donna M. AiroldiSonesta International Hotels Corp. has partnered with Cleaning Services Global and EarthSafe to offer meeting planners Covid-19 testing procedures for... KEEP READING
Shareholder Files Preliminary Proxy Against Extended Stay America DealBy Donna M. AiroldiExtended Stay America shareholder Tarsadia Capital on April 26 filed a preliminary proxy statement with the U.S. Securities and Exchange Commission... KEEP READING
Extended Stay America Sets Voting Date for Acquisition AgreementBy Donna M. AiroldiExtended Stay America set June 8 as the date for a shareholder vote on its agreement to be acquired for approximately $6 billion in a 50/50 joint... KEEP READING
Homewood Suites by Hilton Unveils New PrototypeBy Donna M. AiroldiExtended-stay brand Homewood Suites by Hilton this week unveiled a new brand refresh and prototype design, about two years after it updated its public... KEEP READING
Group Hotel Sourcing Platform Vindow Partners with GeoSureBy Donna M. AiroldiGroup hotel sourcing platform Vindow has partnered with risk assessment company GeoSure, Vindow announced. The company will incorporate GeoSure's... KEEP READING
Accor Expects 'Strong' Summer Recovery After 'No Surprises' in Q1By Donna M. AiroldiFirst-quarter hotel earnings season kicked off with Accor reporting €361 million in revenue, which is down year over year by 48 percent on a... KEEP READING
STR: March U.S. Hotel Occupancy Tops 50 PercentBy Donna M. AiroldiU.S. hotel occupancy and revenue per available room in March were the highest reported for any month since February 2020, and the March 2021 average... KEEP READING
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