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It's Been A Hard Winter For Chicago Hotels, And Relief Can't Come Soon Enough
News

It's Been A Hard Winter For Chicago Hotels, And Relief Can't Come Soon Enough

... out in a statement from the association that nationally the hospitality industry has lost $111.8B during the pandemic. And with ... families, we call on him to embrace our Hotel Jobs Recovery Plan, which would allocate $250 million in American Rescue Plan ...

Feb 10, 2022
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'We're Booming': Economists React To January Jobs Report On Twitter
News

'We're Booming': Economists React To January Jobs Report On Twitter

Leisure and hospitality employment expanded by 151,000 jobs ... higher than expected.Big gains in leisure and hospitality, which added 151,000 in January.The ... 2022   Why do we have such a fast recovery this time around when other recent recoveries have ...

Feb 04, 2022
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Loews Regency San Francisco
News

Hotels Brace For Remote Work's Impact

... have on lifestyle, and consequently, real estate.” Other large hospitality companies are pivoting as well. On another panel, McKinsey ... & Co. partner Melissa Dalrymple mentioned hospitality giant Hyatt Hotels Corp.’s speedy adoption of a ...

Oct 01, 2020
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When Borrowers Default, Receivers Step In To Keep Things Running
News

When Borrowers Default, Receivers Step In To Keep Things Running

... specifically?  Owens: The hospitality industry will have the most challenging road to recovery. Hotel occupancy fell ... in receivership appointments, particularly in hospitality and retail.  As hospitality and retail companies continue to experience ...

Oct 28, 2020
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Sonder Opens In Moinian's Financial District Apartment Building
News

Sonder Opens In Moinian's Financial District Apartment Building

... period of upheaval for New York City’s hospitality industry.  The company, which provides short- ... left in the first months of the recovery, another group of people sought out Sonder ... in the city based on where the recovery is?”  In a statement to Bisnow about ...

Sep 18, 2020
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'Labor Market Remains Stalled. Virus Remains Active': Economists React To January Jobs Report On Twitter
News

'Labor Market Remains Stalled. Virus Remains Active': Economists React To January Jobs Report On Twitter

... report on Twitter.   The good news is that the economic recovery is not quite sliding into reverse, the bad news is ... . — Kate Bahn (@LipstickEcon) February 5, 2021   Another 61k leisure and hospitality jobs cut in January, after a revised 536k lost in ...

Feb 05, 2021
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Office REIT Shares Stable In Spite Of New Work-From-Home Order
News

Office REIT Shares Stable In Spite Of New Work-From-Home Order

... vast number of jobs across the retail, leisure, hospitality and culture sectors that have been protected by ... people home would be costly, particularly in the hospitality and retail sectors. "If government is heading ... central London’s survival and recovery.”

Dec 09, 2021
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Extended Stay America
News

Minority Extended Stay America Investors Vote Against Blackstone, Starwood Takeover

... undervaluation due to the coronavirus pandemic conditions that devastated the hospitality industry over the past 12 months, although the extended- ... 's quarterly reports. As optimism for a near-term recovery for the travel and tourism industries is high, the ...

Mar 22, 2021
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1261 Sixth Ave., Pandemic Christmas, pandemic, 2020, empty midtown
News

Hope In 'The Emptiness Of It All': How Midtown Could Reinvent Itself After COVID

... and holiday menus. Their creativity has inspired hope for the recovery ahead. “Outdoor dining is really compelling," L&L ... s issues of vitality, office landlords need to infuse hospitality into their offices and amenitize their spaces to attract tenants ...

Dec 02, 2020
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How It Started ... How It's Going: Bisnow Revisits 2022 Predictions For Dallas-Fort Worth CRE
News

How It Started ... How It's Going: Bisnow Revisits 2022 Predictions For Dallas-Fort Worth CRE

... a massive amount of jobs.”  Prediction #2: Employers will bring hospitality-like services to the workplace in a bid to reignite ... to quality trend that is driving the office market’s recovery. Prediction #3: Multifamily will continue on an upward trajectory, ...

Dec 21, 2022
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