USTA: Latest jobs data hints at uneven recovery for hospitality sector
THE LATEST EMPLOYMENT analysis points to an uneven recovery for the leisure and hospitality sector, according to industry organizations. The sector added more jobs...
Trepp forecasts 21 percent delinquency rate for lodging sector
THE TREPP RESEARCH firm has added two new COVID-19 pandemic recovery scenarios to its report on the commercial real estate lending market from March,...
STR: Occupancy continued to drop going into Labor Day
THE WEEK BEFORE Labor Day weekend saw U.S. hotel occupancy falling again compared to the week before, leading experts at STR to have some...
AAA: 47.9 million people to travel during Independence Day weekend
AS MANY AS 47.9 million people will travel 50 miles or more from home over the Independence Day weekend from June 30 to July...
Banyan Investment Group is now the Satori Collective
ATLANTA-BASED BANYAN Investment Group, led by Rakesh Chauhan and Andy Chopra as managing partners, is rebranding as Satori Collective, an investment management firm focusing...
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...
Choice to announce second quarter earnings on Aug. 6
CHOICE HOTELS INTERNATIONAL will announce its second quarter earnings on Aug. 6. That quarter saw the COVID-19 pandemic hit full swing and Choice has...
Choice offering $50,000 in grants for community impact initiatives
TO RECOGNIZE AND support hotel owners' community service efforts during the pandemic, Choice Hotels International will provide $50,000 in grants. The money will go...
Baird/STR index rose 6.8 percent in October
A CONTINUING SENSE of optimism about the nation’s recovery among investors sent the Baird/STR Hotel Stock Index up in October. Hotel brands led the...
Report: Extended-stay revenues in traditional hotels outperform extended-stay hotels
EXTENDED-STAY ROOM revenues in traditional hotels outperformed those in extended-stay hotels by 21 percent, indicating potential for further development in the extended-stay sector, according...
