STR: U.S. Weekly Hotel Rooms Sold Top 10 Million, Most Since MarchBy Donna M. AiroldiDemand for U.S. hotels increased for the fourth week in a row, according to STR, with absolute occupancy for the week ending May 9 at 30.1 percent, up... KEEP READING
Hyatt to Lay Off 1,300 Corporate EmployeesBy Donna M. AiroldiHyatt Hotels Corp. is restructuring its global organization and laying off 1,300 corporate employees in the wake of the historic drop in travel demand... KEEP READING
Loews Hotels Enhances Safety and Cleanliness ProtocolsBy Donna M. AiroldiLoews Hotels, which as of the end of 2019 said groups accounted for approximately 42 percent of its business, has introduced enhanced safety and... KEEP READING
Choice: Extended-Stay Segment Bright Spot in Q1 ResultsBy Donna M. AiroldiChoice Hotels' first-quarter revenue per available room declined 15 percent year over year, but its extended-stay segment has proven resilient, with... KEEP READING
Marriott: Demand Low But Has Stabilized, Q1 RevPAR DownBy Donna M. AiroldiConsistent with the recently reported effects of the coronavirus pandemic on other hotel companies, Marriott International on Monday reported a 22.5... KEEP READING
Motel 6, Studio 6 Launch Cleanliness InitiativeBy Donna M. AiroldiG6 Hospitality, the parent company of Motel 6 and Studio 6, has announced a cleanliness initiative for its 1,400 hotels across the U.S. and... KEEP READING
Hyatt: Q1 RevPAR Decline, 'Still Early' to Assess RFP SeasonBy Donna M. AiroldiIn line with its preliminary first-quarter results, Hyatt Hotels Corp. reported Thursday that comparable systemwide revenue per available room for the... KEEP READING
Hilton: Full Demand Recovery 'Several Years' Away, Q1 RevPAR DropsBy Donna M. AiroldiIn line with preliminary first-quarter results it released in April, Hilton Worldwide's first-quarter revenue per available room declined 22.6 percent... KEEP READING
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