Survey: Small business owners fear their companies will not survive COVID-19 pandemic
FEDERAL HELP MAY be on the way for small business owners suffering from the economic downturn caused by the COVID-19 pandemic. However, many of...
Hotel stock index drops 36 percent in March
THE BAIRD/STR Hotel Stock Index dropped 36 percent in March, ending at 2,748 points. For the first three months of the year the index...
STR: U.S. hotels see fourth week of double-digit RevPAR losses
REVPAR FOR U.S. hotels dropped 80.3 percent in the last week of March, according to STR, the fourth week in a row of losses...
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,...
Article: Resort fees can increase revenue for hotels
U.S. HOTEL OWNERS and operators are looking at all potential sources of revenue beyond the rental of guest rooms. Resort fees are one feasible revenue...
