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The coronavirus pandemic continues to upend the global travel industry, but hospitality schools aren’t rushing to overhaul their curriculums around how to operate a travel business — yet.
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Members of the Lodging Industry Investment Council look back at the months the U.S. hotel industry has grappled with the coronavirus pandemic and what they believe that means for hoteliers going forward…
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Since that date, the U.S. hotel industry has been in survival mode – global borders closing, single-digit occupancies, shortfalls increasing – with an ambiguous timetable.
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Driftwood Capital expects a wave of distressed assets to hit the market within the next three to six months as government funding runs out…
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The coronavirus pandemic has battered Richard Branson's business empire. Now, the billionaire is going on the offensive…
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Management and consulting firm Columbia Hospitality, based here, has created an executive search program designed to place highly skilled and qualified candidates into positions in the hospitality industry…
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Kasra Moshkani, Oyo Hotels & Homes’ new head of business in the U.S., believes his company is poised for outsized growth based on its outperformance of competitors and its positioning within the broad marketplace…
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New York City diners may soon see a Covid-19 surcharge on their bills as the restaurant industry continues to hobble due to the coronavirus pandemic.
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While hoteliers would like to see a return to a robust demand environment sooner rather than later, asset management experts said it will be important to embrace cost cutting measures to ensure a return to profitability…
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Looking for somewhere fancy to chill out, max, relax all cool? Look no further than Airbnb, where Will Smith is offering fans the chance to kick back in the "Fresh Prince of Bel-Air" mansion, 30 years after his taxi first pulled up outside the…
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With even less certainty about future performance than normal, hoteliers are changing how they prepare a budget as they get ready for 2021.
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"I've spent my career on things flying fast," says Adam Dissel, who heads up the US operations of Reaction Engines. This British company is building engines that can operate at dizzying speeds, under conditions that would melt existing jet engines…
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Data shows most rooms-division workers have received pay raises, averaging around 4%.
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The latest Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) states that the global hotel construction pipeline stands at 14,779 projects/2,412,736 rooms…
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The latest P&L data from STR shows that U.S. hotel profitability picked up in July as more segments started to record positive performance.
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A new national survey commissioned by the American Hotel & Lodging Association (AHLA) conducted by Morning Consult shows that a number of improvements to health and sanitation protocol at U.S…
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Talia Oleshansky was hoping to spend her junior year at Indiana University in the sorority house for Alpha Epsilon Phi, as she did her sophomore year…
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For the first time since February, U.S. hotel gross operating profit per available room (GOPPAR) was positive, according to STR's July 2020 monthly P&L report.
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