As Americans continue to cope with the uncertainty of health risks, economic downturn and restrictions in day-to-day living caused by COVID-19 and intensified by flashpoint events highlighting systemic racism in the United States, nearly half say their brand preferences have changed.
CBRE projects U.S. lodging sector recovery path
After facing the lowest occupancy levels since the 1930s and the greatest declines in revenues and profits ever experienced in the second quarter, the U.S. hotel industry is poised to begin a multiyear recovery in the third quarter.
Italy, Russia and France lead travel & entertainment spending recovery
Despite the challenges brought on by COVID-19, there are promising signs in consumer spending – including hard-hit sectors like travel, according to Mastercard Recovery Insights.
State of hotel industry 6 months into the pandemic
AHLA analysis of the economic and human struggle of the hotel industry six months into the COVID-19 pandemic.
COVID-19 restart guide for the Travel & Tourism sector
n recognition of the challenges faced by the travel and tourism industry, ICC and WTTC have released a Quick Restart Guide for Employers to provide businesses with recommendations for ensuring operational readiness, preparing staff and limiting risk of exposure to the virus within workplaces.
COVID-19 and transforming tourism
This week the United Nations Secretary-General launched the Policy Brief “COVID-19 and Transforming Tourism”, which UNWTO assumed the lead role in producing.
U.S. weekly hotel performance video
Each week, STR analysts provide a deep-dive into U.S. hotel performance. The most recent video, highlighting performance for 16-22 August.
U.S. hotel results for week ending 22 August
U.S. hotel occupancy fell to a three-week low during the period of 16-22 August, according to the latest data from STR.
Road to recovery 2020: Learn. Connect. Lead.
HSMAI is setting the stage for industry recovery through the newly developed HSMAI Road to Recovery 2020 fall education plan.
Accor-IHG merger rumors hints at imminent consolidation
Many reasons for a merger between the two companies make the prospect plausible, especially during the current COVID-19 induced economic downturn, during which both companies have experienced significant losses.
