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Hotel REITs and brand giants are still losing tens of millions of dollars every month, and they saw demand growth slow in July amid a rise in COVID-19 cases.
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Miami hoteliers discussed the impact of and recovery from the coronavirus pandemic.
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Despite current travails, scheme will comprise retail and corporate events space.
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DTGO reaches an agreement with lenders.
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Stigmas against modular construction die hard. Maybe the pandemic will do them in.
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As the delta variant keeps business travel down, hotel occupancies and RevPAR suffer.
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London & Regional is making a payment in exchange for LTV and debt yield waivers.
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Many hospitality stocks dropped at least 5% in premarket trading, though there was recovery in the second half of the day.
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The Blackwood, Starwood buy is a vote of confidence in the strength of the extended-stay sector and its appeal to workers and travelers.
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Hotel is rebounding, but a cost of living crisis on the horizon is one of the factors that could derail it.
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