The Best of Daily Lodging Report for the Week Ending October 15
Photo Credit: Skift
Skift Take
Major analysts groups are beginning to settle around the fact the hotel recovery from the pandemic has a giant question mark over it. A faster performance recovery now relies on restructuring and cutting costs to get back to pre-pandemic profits.
Skift’s Daily Lodging Report is a subscription-required, email-only newsletter read by anyone and everyone in the hotel investor, owner, and operator space, including CEOs of some of the industry’s top brands. With two separate regional versions, it covers everything from North America to Asia Pacific. The report itself, curated by founder Alan Woinski, boils industry news down to a quick, easy-to-read daily digest known for keeping readers up to date in an efficient, effective way.
Here’s a sampling of what the Daily Lodging Report provided to its readers this past week. If you’re not a subscriber, you should be. Don’t wait. Sign up now here.
Sunday, Oct. 10Truist said their new survey data from meeting planners and recent industry commentary supports their 9/20/21 note on increased cancellations and weak live attendance, averaging 40 percent to 50 percent of 2019 levels, for large 2H21 business group events. They noted a few conventions scheduled
