hotels

US hotel occupancy climbs for the seventh-straight week

June 03, 2020 04:08PM By Dennis Lynch

U.S. hotel fundamentals climbed for the seventh week in a row as the country comes out of the depths of the coronavirus pandemic. National...
Hotel occupancy hovers around 35% after Memorial Day boost

May 28, 2020 02:05PM By Dennis Lynch

Hotels are slowly clawing their way back from pandemic purgatory. National occupancy rates climbed to 35.4 percent between May 17 and 23, according to...
Hotel occupancy is up for fifth week in a row

May 20, 2020 02:09PM By Rich Bockmann

Hotel occupancy increased for the fifth week in a row, though the industry remains in a deep rut. U.S. hotels saw nearly 11 million...
Small Talk: Every First Quarter Earnings Call

May 15, 2020 02:08PM By Eddie Small

Hi, everyone, and thank you for joining us on our first-quarter earnings call. Hopefully, you’ve all received our hastily revised presentation by now, and...
Hotel occupancy inches up in major US cities

May 13, 2020 06:44PM By Dennis Lynch

It may not be saying much, but hotel fundamentals are up in some major U.S. cities. Overall, hotel occupancy in the U.S. has been...
What April’s record-high unemployment means for real estate

May 08, 2020 11:40AM By Kevin Sun

Following an unprecedented 20.5 million drop in payroll last month, the April unemployment rate reached a record 14.7 percent, the U.S. Bureau of Labor...
Resort-town hotels bounce back in reopening states, providing industry with hope of a return

May 06, 2020 03:49PM By Rich Bockmann

Hotels bounced back last week at tourist destinations in states like Florida and Texas which have begun reopening — a sign that the industry...
Anbang’s $5.8B hotel portfolio sale scrapped

May 06, 2020 11:00AM

UPDATED, May 6, 2020, 5:14 p.m.: Anbang Insurance Group’s sale of its U.S. hotel portfolio has fallen apart. The buyer, South Korea’s Mirae Asset...
American carnage: Trump Org hotels, golf courses have laid off over 1K employees

April 24, 2020 07:00AM By Ina Cordle

As the coronavirus pandemic pummels the hospitality industry nationwide, the Trump Organization’s resorts and golf courses have not been immune. President Trump’s properties, including...
US hotel occupancy ticks up as medical workers, homeless fill rooms in NYC

April 22, 2020 02:48PM By Mary Diduch

Thanks to an influx of medical workers, New York City hotels were about one-third fuller last week than the week before — but still...

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