Coronavirus and Travel

The geographic business mix of Booking Holdings has always been a tightly held secret. The trajectory of the uneven recovery, with the U.S. being its strongest and Europe the weakest regions, prompted the company the tell-all. The dynamic proved disadvantageous for Booking's short-term rentals.

Hyatt needs — not wants — corporate travel and conventions to recover quickly to avoid further quarters of hemorrhaging hundreds of millions of dollars. Hybrid meetings are a good first step.

The nation's capital has officially reopened — it's pushing for domestic visitors from neighboring states for now, and counting on public and private sector initiatives on the road to recovery, until international travel returns.

If Hilton sees reason to be optimistic around a faster-than-expected travel recovery, that’s a major boost to all hotel companies, especially ones with less exposure to convention and business-transient customers.

Hotels face massive worker shortages this summer, but investors don't care and still want to buy up assets. Chalk this up to taking the long view and hoping hotels find a way to win back workers from other industries.

No vaccine access for all? No tourism recovery. It's playing out already, with more lives being lost senselessly. The travel industry should act fast and figure out how it can be part of the solution.

Sustainability is not a chore. Done correctly, it can save millions for airports and reduce their carbon footprints.

Hotel companies with a strong focus on leisure and drive-to properties are going to show the strongest development numbers this cycle, but don't expect a massive downturn in construction from even the more business-oriented brands. Real estate is a long-term play.

This general manager of an iconic Times Square property experienced turbulent times in Turkey, and tempers expectations of a quick recovery for New York.

The large supply of independent hotels in Mexico is a massive opportunity for companies like Marriott and Hilton to quickly beef up their portfolios without the drawn-out process of new construction. Investors, however, will likely favor markets that performed worse during the pandemic.