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Articles tagged “str”

Business Travel

Europe’s Hotels Will Wait Until at Least 2025 for Full Return of International Business Guests

Be wary of everybody’s favorite word at the moment: pent-up demand. Your typical leisure traveler can book a trip and pack their bag in minutes, but companies will keep employees on a tight leash for years to come.

Matthew Parsons, Skift | 3 years ago

Europe’s Hotels Will Wait Until at Least 2025 for Full Return of International Business Guests

Coronavirus

U.S. Hotels Roared Ahead With Desperately Needed Job Gains in July

U.S. hotels continue to post strong job numbers thanks to summer leisure travel demand, but the industry can't afford to ride on blind optimism. The Delta variant throwing a wrench in the expected return of business travel will show up in jobs reports later this year.

Cameron Sperance, Skift | 3 years ago

U.S. Hotels Roared Ahead With Desperately Needed Job Gains in July

Coronavirus

Hotels Scored Profits With Massive Pandemic Cost Cuts — But at What Price?

Profit margins may have increased at some hotels during the pandemic, but what about the human cost? The pandemic wiped out 10 years of hotel job growth, and new operational models are unlikely to bring everyone back.

Cameron Sperance, Skift | 3 years ago

Hotels Scored Profits With Massive Pandemic Cost Cuts — But at What Price?

Coronavirus

China Wages Another Hotel Comeback After Brutal Winter Setbacks

China is dusting itself off from a major winter stumble in its road to a complete pandemic hotel recovery. While the year ahead looks good, forecasts by hotel executives of a complete rebound by December seem unlikely.

Cameron Sperance, Skift | 3 years ago

China Wages Another Hotel Comeback After Brutal Winter Setbacks

Coronavirus

China Is First Country in the World to See Year-Over-Year Hotel Revenue Growth During Pandemic

A holiday with plenty of reasons to celebrate: Golden Week reaffirmed projections that hotels in China are on track to recover to pre-pandemic revenue levels by next year.

Cameron Sperance, Skift | 4 years ago

China Is First Country in the World to See Year-Over-Year Hotel Revenue Growth During Pandemic

Coronavirus

U.S. Leads the World in Hotel Construction During Pandemic

Don't be fooled by these numbers in the United States. It will be years for hotel construction to once again hit peak levels seen only months ago.

Cameron Sperance, Skift | 4 years ago

U.S. Leads the World in Hotel Construction During Pandemic

Coronavirus

Occupancy Rates for China’s Hotels Show First Year-Over-Year Growth Since Pandemic’s Start

Even if recent occupancy gains are tied to a blip in the holiday calendar, Chinese hotels continue to see a coronavirus economic recovery pattern that is the envy of the world.

Cameron Sperance, Skift | 4 years ago

Occupancy Rates for China’s Hotels Show First Year-Over-Year Growth Since Pandemic’s Start

Coronavirus

Why Marriott Sees a Full Hotels Recovery in China in 2021

If China continues its centralized government's stance of rapid response to coronavirus outbreaks, a full hotel industry recovery there by the end of next year isn't as impossible as it may seem.

Cameron Sperance, Skift | 4 years ago

Why Marriott Sees a Full Hotels Recovery in China in 2021

Coronavirus

U.S. Hotel Trade Group Warns D.C. of Further Industry Calamity After Dismal Summer

The American Hotel & Lodging Association continues to outline why it needs Washington to help the struggling hotel sector. The next four weeks are a make-or-break moment for dealmaking on Capitol Hill until after the U.S. presidential election.

Cameron Sperance, Skift | 4 years ago

U.S. Hotel Trade Group Warns D.C. of Further Industry Calamity After Dismal Summer

Coronavirus

All U.S. Hotel Sectors Saw a Profit in July — Yes, Really

Hoteliers shouldn't get used to good news. U.S. full-service hotels may have seen a very slight average profit per room in July, but the peak summer travel season is fading — and the pandemic still isn't under control.

Cameron Sperance, Skift | 4 years ago

All U.S. Hotel Sectors Saw a Profit in July — Yes, Really