by Shannon Johannessen | May 25, 2021 | Case Studies, Industry Insights, News
Masks coming off and markets reopening are creating much cause for celebration this spring. In the U.S., STR — CoStar Group’s hospitality analytics firm — reported April hotel room demand at the highest level since the start of the pandemic with most of this...
by Shannon Johannessen | May 18, 2021 | Events, Expert Interviews, Features, In The Field, Industry Insights, News
Day two of the Hunter Hotel Investment Conference at the Atlanta Marriott Marquis focused on the recovery and the path that got the industry to this point. After a COVID screening and temperature check at the CLEAR kiosks, attendees entered the ballroom for the first...
by Shannon Johannessen | May 11, 2021 | Industry Insights, News
RLJ Lodging Trust, for the three months ended March 31, reported a net loss of $79.1 million. First-quarter RevPAR was $50.99, down 52.4% from Q1 2020. Occupancy for the quarter was 43%, a 29% decrease from the same period last year. However, rising demand led to the...
by Shannon Johannessen | Apr 27, 2021 | Uncategorized
Following a brutal year for the hospitality industry, rebuilding guest trust is undoubtedly the top priority for hotels in 2021 and beyond. Even though hotel industry revenue is projected to increase in 2021 by an additional $25.9 billion, that remains 34% below...
by Shannon Johannessen | Apr 20, 2021 | Case Studies, Events, Expert Interviews, In The Field, Industry Insights, News
Join Hotel Business Associate Editor Abby Elyssa as she discusses important industry topics with Nan Cummings, COO, InterMountain Management; Chuck Huang, CEO/founder, Citcon; Michael Levie, COO, citizenM; Ben Mackness, VP, The Wall Street Journal; and Brian...
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