Hotel companies act to curb losses
ALL MAJOR PUBLICLY traded hotel companies listed in the earnings charts listed below pulled their RevPAR and financial guidance for 2020 in March as...
Survey: Half of webinar attendees plan to keep hotels open despite pandemic
DESPITE THE SUDDEN hardships foisted upon them, some hoteliers remain optimistic that they will survive the COVID-19 pandemic with their businesses intact, according to...
Hotel associations welcome signing of CARES Act stimulus
THE CORONAVIRUS AID, Relief, & Economic Security Act, a $2.2 trillion stimulus package signed into law March 27 by President Trump includes several provisions...
GreenTree Hospitality waives franchise and marketing fees for U.S. owners
GREENTREE HOSPITALITY GROUP is waiving its franchise and marketing fees for U.S. franchisees in response to the economic cost of the COVID-19 pandemic.
"Our entire...
Group says large hotel companies should waive fixed fees for hotel owners during COVID-19...
IN TIMES OF trouble, everybody needs a helping hand. In the throes of the COVID-19 pandemic, hard-hit hotel owners are turning to their franchisers...
Georgia hotelier welcomes deal on stimulus CARES Act
AS CONGRESS PREPARES to vote on the Coronavirus Aid, Relief & Economic Security, or CARES Act, hoteliers are breathing a little easier. Ritesh Patel,...
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...
Government agencies are using hotels, including one in Georgia, to house COVID-19 patients
THE OLD RADISSON Hotel in the Franklin Gateway corridor of Marietta, Georgia, is easy to overlook, sitting as it does somewhat off the major...
Congress reaches deal on COVID-19 relief funding
ANOTHER DAY PASSED without Congress approving relief funding to help hotels and other small businesses weather the economic storm from the COVID-19 pandemic. Then,...
Indian prime minister orders 21-day national shutdown to fight COVID-19
INDIAN PRIME MINISTER Shri Narendra Modi has ordered a 21-day shutdown of the country to slow the spread of the COVID-19 pandemic. Modi said...
