CoStar · 10 Feb
Hotel owners and financiers are confronting the phase-out of a longstanding interest rate benchmark as they address the impact the pandemic has had o
CoStar · 29 Jan
Hotel owners and operators looking to pick up distressed assets have had to wait longer than previously expected, but industry experts believe those
CoStar · 19 Jan
The United Kingdom's hotel sector will show a noticeable surge in transactions outside of London as hotel-ownership balance sheets are cleaned up fol
Hotel Association of New York City (HANYC) · 18 Jan
John Fitzpatrick has weathered multiple crises in his more than three-decade career in the hotel industry. He opened his first hotel in New York City
cnn.com · 7 Jan
The days of strolling into an airport, flashing a passport, then hopping on a flight to wherever one likes are, for now, a distant memory.
The Denver Post · 15 Dec
Months of empty rooms and discounted rates are catching up with hotel owners in Denver and across the country. Unless Congress steps in with more fin
reuters.com · 14 Dec
Holiday Inn-owner Intercontinental Hotels Group has struck an agreement with its creditors to extend waivers of its debt covenants through the end of
lodgingmagazine.com · 4 Nov
"Labor is an investment and not an expense." That was among the key themes of a virtual session led by Del Ross, chief revenue officer for Hotel Effe
bbc.com · 2 Nov
The UK's data privacy watchdog has fined the Marriott Hotels chain £18.4m for a major data breach that may have affected up to 339 million guests.
reuters.com · 29 Oct
(Reuters) - Home-rental startup Airbnb Inc plans to list its shares on the Nasdaq, setting the stage for one of 2020's most high-profile stock market
skift Inc. · 18 May
Depending on whether global brands or independent operators are the ones talking, there is a lot of money to be won or left on the table in a hotel b
reuters.com · 1 May
India's Oyo Hotels and Homes, backed by SoftBank Group (9984.T), plans to offload more properties around the world, three sources familiar with the m
USA TODAY · 16 Apr
When it comes to the economic toll from the coronavirus, few sectors have taken a bigger hit than travel.
skift Inc. · 8 Apr
Nobody has a crystal ball — although many travel buyers probably wish they did right now. One question on their minds will be what is the hospitality
cnn.com · 8 Apr
Less than a month ago, Mitch Patel's hotel business was booming. His company, Vision Hospitality Group, owns 37 hotels in six states and it had seen
Forbes · 3 Apr
The losses to the U.S. tourism industry due to the coronavirus are snowballing-make that avalanching-by the day. To the point that the national non-p
skift Inc. · 31 Mar
President Donald Trump last week signed what is now known as the CARES Act, a massive $2 trillion stimulus meant to keep the U.S. economic engine run
skift Inc. · 30 Mar
Japan's Olympic delay has upended years of careful planning by organizers and spawned costly headaches for small businesses, hotels and even pro base
skift Inc. · 27 Mar
Heading into 2020, the hotel sector was expected to slow down, but deals were still getting financed. Then came coronavirus.
skift Inc. · 26 Mar
A representative body for airlines based in Britain has written to its transport minister seeking industry-specific tax and air traffic fee holidays
reuters.com · 23 Mar
A wave of layoffs at restaurants, bars and hotels, as efforts to contain the coronavirus pandemic bring much of everyday American life to a halt, cou
skift Inc. · 20 Mar
Demand for hotel rooms is at record lows, the company behind InterContinental and Holiday Inn hotels said on Friday, as it announced $150 million of
Forbes · 20 Mar
The COVID-19 health crisis is unprecedented in its size and scope, and represents the single largest decline in travel in modern times. And its effec
skift Inc. · 18 Mar
From furloughs and layoffs to withdrawn guidance and loyalty program modifications, the big hotel chains were maneuvering to survive the novel corona
skift Inc. · 16 Mar
Some might consider it ironic that there's been a lot of talk about the possibility of Expedia Group shedding assets, but Tripadvisor is the one acti
skift Inc. · 11 Mar
The National Bushfire Recovery Agency can not guarantee the funds set aside by the government to aid in the bushfire restoration will not also be use