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NYU International Hospitality conference postponed

The event will now be held in November due to the COVID-19 pandemic

THE 42ND ANNUAL NYU International Hospitality Industry Investment Conference has been postponed. It is the latest major conference to be delayed or cancelled due to the COVID-19 pandemic.

Originally scheduled to be held May 31 to June 2, the conference, hosted by the NYU School of Professional Studies Jonathan M. Tisch Center of Hospitality, will now be held Nov. 11 to 12.


“After careful consideration and to ensure the health and safety of conference attendees and panelists in light of the COVID-19 pandemic, the conference’s executive planning committee has chosen to postpone the conference,” the organizers said in a statement.

The announcement came days after Hunter Hotel Advisors decided to cancel its Hunter Hotel Conference in Atlanta for 2020. That conference had originally been postponed from March shortly after the pandemic was officially declared by the World Health Organization.

The NYU conference will be held at the New York Marriott Marquis with the same content as originally planned. Conference prices will also be adjusted for a more compact format. A full agenda will be available in early fall.

The event’s virtual CEOs Check In panel will be held on June 2 at 2 p.m. and will be moderated by Jonathan Tisch, chairman and CEO of Loews Hotels & Co. and co-chairman of the board of Loews Corp. Panelists include David Kong, president and chief executive officer of Best Western Hotel Group; Keith Barr, CEO of InterContinental Hotels Group; Christopher Nassetta, president and CEO of  Hilton; and Arne Sorenson, president and CEO of Marriott International.

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Choice Hotels Report $180M in Global Performance Gains

Choice clocks $180M in global gains

Summary:

  • Choice Q3 net income rose to $180 million from $105.7 million.
  • Weaker government and international demand slowed U.S. growth.
  • Full-year U.S. RevPAR forecast lowered to -2 to -3 percent.

Choice Hotels International reported third-quarter net income of $180 million, up from $105.7 million a year earlier, driven by international business growth. Global RevPAR rose 0.2 percent year over year, with 9.5 percent growth internationally offsetting a 3.2 percent decline in U.S. RevPAR.

The U.S. decline was due to weaker government and international inbound demand, Choice said. The company lowered its full-year U.S. RevPAR forecast to -2 to -3 percent, from the previous 0 to -3 percent.

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