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Coronavirus to Wipe 20% Off Hotels’ Brand Valuations
Source: Skift by Dan Reed May 27, 2020 The world’s 50 most valuable hotel brands could see their “brand value”…
Browsing: News from Around the Web
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Resonate Data Reveals Hesitancy to Travel and COVID-19 Concerns
Source: LODGING June 1, 2020 RESTON, Va. — New data from consumer intelligence firm Resonate suggests that despite the fact that consumers…
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March Declines Were Unprecedented, With April’s and Mays Even Deeper as COVID-19 Impacts US Lodging Industry
Source: Hotel News Resource June 1, 2020 Prior to the outbreak of COVID-19 in the US, RevPAR growth had been…
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Small Hotel Groups Like Vimal Patel’s ‘In Danger of Losing Everything’
Source: Green Lodging News by Anthony Mcauly June 4, 2020 LAPLACE, LA.—Vimal Patel spent three decades building a small family…
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Senate Passes Bill to Give Flexibility for Small Business Coronavirus Aid Program
Source: The Hill by Jordan Carney June 3, 2020 The Senate passed legislation on Wednesday to provide more flexibility for…
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Congress Passes PPP Enhancements
Source: Hotel Business June 4, 2020 WASHINGTON—The passage of the Payroll Protection Flexibility Act by Congress has been met with…
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Hotel Owner Seeking Mortgage Relief? Not if Wall Street Owns Your Loan
Source: The Wall Street Journal by Ben Eisen June 4, 2020 The coronavirus shutdown has spared few companies in the…
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Analysts Agree US Hotels Will Take Years to Bounce Back
Source: Hotel News Now May 28, 2020 REPORT FROM THE U.S.—As the industry continues to navigate through the coronavirus pandemic,…
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U.S. Independent Hotels Struggle During COVID-19
Source: Hotel News Now May 27, 2020 See the full article with graphics here.
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STR: U.S. Hotel Performance for April 2020
Source: STR May 20, 2020 HENDERSONVILLE, Tennessee—Due to expanded restrictions around the COVID-19 pandemic, the U.S. hotel industry reported unprecedented…