Hersha to announce its 2Q earnings on Aug. 5

HERSHA HOSPITALITY TRUST, another large hotel company forced to make cuts during the COVID-19 pandemic, will report its second quarter earnings in early August....

Another study shows short-term rentals beating hotels in pandemic

SHORT-TERM APARTMENT rentals have felt less impact from the COVID-19 pandemic than hotels. By August, STR and AirDNA will release the full results of...

CBRE breaks down hotels’ recovery from COVID-19 downturn

WHILE THE LITTLE signs of recovery the U.S. hotel industry had been experiencing recently may be on hold as a result of a recent...

Associations list priorities for new federal stimulus

AS THE COVID-19 pandemic surges on, the U.S. hotel and travel industries have renewed their call for more federal assistance. In a pair of...

Hilton, Hyatt announce dates for second quarter earnings calls

HILTON WORLDWIDE HOLDINGS and Hyatt Hotels Corp. have announced dates for their second quarter earnings calls. Both companies have had to lay off more...

Marriott to require guests to wear facemasks

TRAVELERS WITH RESERVATIONS at a hotel by Marriott International will have something else to remember to pack: facemasks. The company now requires guests, like...

STR: Hotel transactions down 74 percent between March and May

AS U.S. HOTEL performance has slipped during the COVID-19 pandemic, so did hotel transactions, according to STR. Between March and May, hotel sales were...

AHLA provides safety checklist for travelers

“SAFE TRAVELS” IS no longer just a casual farewell in the age of COVID-19. Those two words now form the basis of recovery from...

Best Western launches ‘Hit the Road’ promotion

BEST WESTERN HOTELS and Resorts is hoping to cash in on the trend toward travel to drive-to markets during the COVID-19 pandemic. The company...

Trepp forecasts 21 percent delinquency rate for lodging sector

THE TREPP RESEARCH firm has added two new COVID-19 pandemic recovery scenarios to its report on the commercial real estate lending market from March,...