Industry News

Associations expand online services during epidemic

THE COVID-19 PANDEMIC has accentuated the importance of online services. Now two hotel industry associations, AAHOA and American Hotel & Lodging Association, are offering...

California hoteliers keeping positive in fight against COVID-19 outbreak

A POSITIVE ATTITUDE has helped California hotelier Jyoti Sarolia find strength as occupancy plummeted at her hotels as a result of the COVID-19 pandemic....

TRENDS & ISSUES

STR: March ends with severe drops in occupancy, ADR and RevPAR

THE FINAL FULL week of March ushered in severe declines in occupancy, ADR and RevPAR for U.S. hotels, according to STR. Such steep drops...

Global Update: WHO reports more than 57,000 new cases of coronavirus

Here is an update on efforts to track the spread of the coronavirus global pandemic as of March 31. Data is from the World...

Report: COVID-19 pandemic will lead to more loan defaults

AS THE COVID-19 pandemic tears through the U.S. economy, one more result will be an increase in loan defaults, according to Trepp research firm....

STR: U.S. hotel RevPAR is likely to drop 50.6 percent for 2020

THE U.S. HOTEL industry is projected to report a 50.6 percent decline in RevPAR in 2020 due to the impact from the COVID-19 pandemic,...

COVID-19 pandemic continues draining the U.S. travel and hospitality industry

IN A WEEK of bad news, the numbers tell a dismal tale. Occupancy continues to slide down, millions of people are out of their...

AHLA: Hotels losing billions to COVID-19 pandemic

THE U.S. HOTEL industry has lost billions of dollars so far as a result of the COVID-19 pandemic and shutting of the nation’s economy,...
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