HBAA urges event planners to be flexible with venues on service-level agreements whilst the sector works towards recovery.
Baird/STR Hotel Stock Index dropped 3.0% in June
Year to date through the first six months of 2021, the stock index was up 9.2%.
mia’s reaction to UK Prime Minister’s statement
The Meetings Industry Association says it welcomes the news that the business meetings and events sector could potentially fully reopen from 19 July.
WTTC responds to the latest announcement from the UK government
Reopening international travel will give businesses up and down the country a much-needed lifeline.
Report reveals COVID-19’s dramatic impact on global tourism
COVID-19 pandemic saw Asia-Pacific region suffer the greatest GDP losses America’s the least hit, saved by a strong domestic recovery.
Vaccines and digital solutions to ease travel restrictions
The global vaccination rollout and increased adoption of digital solutions for safe travel should lead to a rise in international mobility.
Report: Nearly all top U.S. hotel markets in depression
The new data shows urban hotels are still in a “depression” cycle while the overall U.S. hotel industry remains in a “recession.”
Large hotels weighing down U.S. hotel recovery
U.S. industry ends June with nearly 20% of hotels achieving above 90% occupancy.
Virgin Galactic announces first fully crewed spaceflight
Building on the success of the Company’s most recent spaceflight in May, Unity 22 will focus on cabin and customer experience objectives.
U.S. hotel labor flat despite occupancy uptick
Gross operating profit for U.S. hotels reached 70% of the comparable 2019 level, while labor spending remained flat.
