Second quarter brings losses, some hope for hotel companies
SEVERAL PUBLICALLY TRADED hotel companies announced their second quarter performance this week. Each showed losses reflecting the impact of the COVID-19 pandemic that is...
Pelosi joins hotel industry pros to discuss stimulus
HOTELIERS HAVE THE opportunity to hear directly from a Congressional leader about the debate over the next round of federal stimulus to counteract the...
Report: Extended-stay hotels’ performance in June improved
IN JUNE, FOR a third straight month, extended-stay hotels in the U.S. saw improved performance, according to the latest report from hotel investment advisors...
‘Great American Outdoors Act’ signed into law
AS SUMMER TRAVEL trends have shown increased interest in destinations near outdoor attractions, a new law will support national parks. The Great American Outdoors...
Wyndham expands new booking, billing system to three brands
WYNDHAM HOTELS & RESORTS is expanding its Wyndham Direct booking and billing service to two more brands in an effort to attract more corporate...
Red Roof campaign to benefit scholarship fund
THE NEWEST ITERATION of Red Roof’s Room in Your Heart umbrella campaign will raise money to benefit the Thurgood Marshall College Fund. The company...
Article: Home sharing poses challenge in post-COVID-19 market
MOST HOTELIERS AT this point are anxiously awaiting the end of the COVID-19 pandemic, but some challenges will remain even then. For one, traditional...
HotStats suggests alternative uses for hotels closed by COVID-19
SITTING IDLE IS no way to make money, and that applies to hotels left empty, or nearly empty, as the COVID-19 pandemic causes occupancy...
Choice CEO, Congressional leader to join AHLA webinar
CHOICE HOTELS INTERNATONAL President and CEO Pat Pacious and Speaker of the House Nancy Pelosi will discuss the state of federal stimulus packages during...
Proposed legislation offers HOPE to CMBS loan holders
PROPOSED LEGISLATION COULD offer relief for hoteliers with commercial mortgage backed securities loans. CMBS loans carry stricter rules that make it more difficult for...