Coronavirus and Travel

Hotels

This $1.5 Billion Deal Signals a Major Hotel Brand Trend

Wyndham’s move to terminate its management contracts with an acquired CorePoint has significant implications around where major companies want to focus their resources in a post-pandemic hotel environment.
Hotels

Hotel CEOs Make These Bold Predictions for 2022

The Delta variant didn’t evade major hotel companies from profitability on their most recent quarter. Barring some massive pandemic setback, many of these optimistic outlooks are possible.
Coronavirus

Choice Hotels Hopes to Finish Out Year Ahead of 2019 Levels

Given Choice’s significant demand base of leisure travelers, essential workers, and road warriors, it isn’t surprising that it will be the first major hotel company to eclipse 2019 performance levels. But it is certainly a bragging point.
Coronavirus

Marriott Hits Profit Setback Due to Delta Variant

It was still a strong quarter for Marriott, but the Delta variant weighed heavy on the company due to its greater exposure to China and reliance on big corporate travel contracts.