Articles tagged “omicron variant”

Coronavirus

Events Industry Confronts Yet Another Wave of Covid

The new Omicron subvariant BA.2 is on the radar of event planners as the number of worldwide cases ticks up. According to the Centers for Disease Control and Prevention , this new variant is even more contagious than the last strain of Omicron.
Coronavirus

European Hotel Performance Tumbles Since Ukraine War

It's still only one data point, but Europe's softened hotel performance is a warning signal to major hotel company executives who previously tried to downplay the impact the Ukraine War would have on their European portfolios.
Coronavirus

Marriott Rode Leisure Travel Trends to a $1 Billion Profit Last Year

The U.S. recovery fueled Marriott's profitable fourth quarter and entire 2021. But weaker performance in China isn't deterring the company from wanting to have more hotels there and other international markets. Real estate is a long-term play.