STR: U.S. Hotel Occupancy Reaches 'Unprecedented Lows'By Donna M. AiroldiThe U.S. hotel industry again reported year-over-year double-digit percentage declines in its three key performance indicators for the week ending March... Keep reading
Airline Industry Sets Weekly Record for Capacity Cuts as U.S. Carriers Consider Temporary ConsolidationBy Michael B. BakerThe global airline industry reduced capacity by 20 million seats over the past week, its largest single weekly capacity cut in recorded history,... Keep reading
STR, Tourism Economics: 2020 U.S. Hotel RevPAR to Drop 50.6 PercentBy Donna M. AiroldiThe U.S. hotel industry is projected to report a 50.6 percent year-over-year decline in revenue per available room in 2020 due to the impacts from... Keep reading
Hilton to Furlough Employees, Reduce SalariesBy Donna M. AiroldiFollowing similar steps taken by Marriott International and Hyatt Hotels Corp., Hilton Worldwide announced Thursday that effective April 4, many of its... Keep reading
STR: Weekly U.S. Hotel Results Continue to WorsenBy Donna M. AiroldiThe three key indicators for the U.S. hotel market for the week ending March 21 again all dropped by double-digit percentages compared with the week... Keep reading
Layoffs Hit Multiple Apartment-Style Rental CompaniesBy Donna M. AiroldiLike traditional hotel companies like Marriott International and Hyatt Hotels Corp., the burgeoning apartment-style rental industry, typically backed by... Keep reading
Remembering Travel Management Icon Kevin MaguireKevin Maguire, the Global Business Travel Association's VP of the Latin America region and former BTN Travel Manager of the Year, passed away on... Keep reading
How Far Will U.S. Government Relief Reach to Save the Travel Industry?By Elizabeth West The Senate continued to negotiate a $1.8 trillion relief package as airlines, hotels, ground transportation and agencies line up for government... Keep reading