Coronavirus and Travel

Coronavirus

U.S. Hotels Gained Much-Needed Workers in February

February was a surprisingly strong month for hotel job gains. Companies need to continue the momentum leading into the busy summer travel season, which is only a few months away.
Coronavirus

Accor CEO Says Hotel Giant Won't Wait for Business Travel to Return

It may not have seen the largest profit of major hotel companies last year, but Accor’s swing from a multibillion-dollar loss to a multimillion-dollar profit over the span of 12 months is a major win for a company with significant exposure to Europe and other areas more dependent on international travel.
Hotels

U.S. Hotel Companies Largely Rebound to Profitability

Marriott, Hilton, Choice Hotels, and Wyndham all swung to profitability last year, per earnings reports this week. Even if Hyatt didn't, the other reports mostly amounted to a strong sign of recovery well under way for hotel companies with a significant presence in the U.S.