Coronavirus and Travel

Hotels

Accor CEO Claims Biggest Pandemic Hotel Investment Bargains Are Still to Come

Big, global hotel companies weren’t exactly pandemic success stories. However, they still want to market the notion there is more value in a global network than going it alone as an independent operator. Getting left out of the expected summer travel boom is what it will take for smaller operators to accept that logic.
Coronavirus

U.S. Hotel Job Growth Slowed Down Just Ahead of the Summer Travel Season

Hotel owners have to boost wages above pre-pandemic trend lines if they want to claw former workers back from outside industries. Until that happens, expect a lot of overworked and overwhelmed staffers doing well above the requirements of a typical hotel job.
Coronavirus

Pace of U.S. Hotel Development Is Being Threatened by Global Shipping Bottlenecks

The surprising rise in consumer spending during the pandemic spurred a competition for goods and shipping containers among all industries. That's a long-term problem for hotels, especially with an expected increase in renovations around the corner that will require even more deliveries from overseas.