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Amol Sarva (Sasha Maslov, iStock)
National

Knotel lost $223M before the pandemic struck

Flexible-office provider Knotel lost $223 million last year — even before coronavirus flipped the office market on its head....

Knotel lost $223M before the pandemic struck
Hotel occupancy continued its recovery from the coronavirus, with rates reaching an average of 35% in the U.S. after Memorial Day weekend. (Getty)
National

Hotel occupancy hovers around 35% after Memorial Day boost

Hotels are slowly clawing their way back from pandemic purgatory. National occupancy rates climbed to 35.4 percent between May...

Hotel occupancy hovers around 35% after Memorial Day boost
(Credit: iStock)
National

Hotel occupancy is up for fifth week in a row

Hotel occupancy increased for the fifth week in a row, though the industry remains in a deep rut. U.S....

Hotel occupancy is up for fifth week in a row
Four Seasons at 30 Park Place and Trump Hotel & Tower at 1 Central Park West (Credit: iStock, 30 Park Place, Trump Hotels) 
National

US hotel occupancy inches down to 21%

The hotel industry’s nightmare continued last week as occupancy nationwide dipped to a meager 21 percent. The country’s occupancy rate for the week ending April 11 was one point worse than a week ago...

US hotel occupancy inches down to 21%
Hotels across the country — including the Plaza Hotel in New York and Chateau Marmont in LA — have shuttered and laid off and furloughed staffers. (Credit: Keith Birmingham/MediaNews Group/Pasadena Star-News via Getty Images; iStock)
National

Miami hotels see 60% drop in room rates

The picture for the country’s hotels continued to grow ever worse last week, as more than three quarters of the nation’s hotel rooms sat vacant. Nationwide, occupancy fell almost 68 percent to an occupancy...

Miami hotels see 60% drop in room rates
October occupancy increased at South Florida hotels

October occupancy increased at South Florida hotels

October occupancy rates rose from last year’s levels at South Florida hotels, offsetting the business slowdown that Hurricane Irma...

October occupancy increased at South Florida hotels
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