Coronavirus and Travel

Coronavirus

IHG CEO Bullish on New Hotel Construction Despite Tight Lending Market

Construction cranes for hotels haven’t been called off to the level as some hotel industry analysts would have you believe. It can take years to build a new hotel, and those breaking ground now will open just in time for the pandemic to be in the rearview mirror.
Coronavirus

What to Expect From This Week’s Hotel Earnings Season Kick-Off

Profitability is possible, but there won’t be massive financial windfalls to report this week. Investors will still expect at least some sign the leisure-led recovery is benefitting these global hotel companies — especially amid the rise of new variants.