by Shannon Johannessen | Jun 1, 2021 | In The Field, Industry Insights, News
Hotels and the hospitality industry have suffered significantly during the pandemic, with lockdowns and health concerns across the world halting prospective travel. However, at the midway point of 2021, there are signs that financing will rebound for hotel assets...
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 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...
by Shannon Johannessen | Apr 12, 2021 | Industry Insights, News
March U.S. group meetings volume increased 42.5% over the previous month, according to data provided by Knowland. While corporate continues to lead the way from a segmentation perspective, there were multiple large sports tournaments, home shows, bridal expos and...
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