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A new ride at Star Wars: Galaxy's Edge in Disneyand is expected to bring crowds to Anaheim
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Panic buttons will soon become the norm in the hotel industry
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Southern Management CEO Suzanne Hillman said the Hotel at UMD is facing serious challenges as demand has yet to return and school activities are delayed.
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The alternative revenue sources are far from enough to replace the loss of hotels' main generators.
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Accor is expanding its presence in the lifestyle hotel sector and buying all of SBE.
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Service Trust Properties says IHG hasn't paid up, so it will terminate their agreement.
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Hotel operators are grateful to see tourist and convention-goers return, but without business travelers, occupancy and revenue will remain too low.
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Money from the sale will help fund an 800-room expansion for the hotels.
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New digitally driven business models, including ghost kitchens and flexible, long-stay apartments, have created new real estate opportunities.
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Some $100M was allocated for the idea in April's state budget.
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