U.S. hotel developers, lenders and industry analysts say lending for new lodging product remains tight despite recent interest-rate drops, as flattening hotel-room demand and higher U.S. ...
For a couple of years after the pandemic rattled the U.S. travel industry and quashed travel plans, hotel brands largely held off on enforcing property improvement plans — or “PIPs” — on property ...
Groups traveling for business in the U.S. are seeking broadened wellness options, hotels that include facilities beyond the typical banquet hall, easy airport access and opportunities to give back to ...
Online travel agencies are taking back some of the distribution market share they lost to hotel chains during the years leading up to the pandemic, as companies such as Expedia Group and Priceline ...
With the price of materials such as lumber and steel falling from last year’s highs, U.S. hotel developers had been counting on a reprieve in building costs, which would allow them to add or update ...
The pain of labor shortages is starting to ease somewhat from the summer months, but hoteliers still face staffing shortfalls, concentrated largely in the housekeeping and culinary departments.
New York City, San Francisco and Miami are among the U.S. cities experiencing the steepest increases in hotel room demand, as international travelers begin to return to the U.S. after years of ...
Hawaii’s tourism and hospitality industries have had to paddle hard to navigate the waves of both travel demand and COVID during the past two years. As COVID numbers recede and the spring and summer ...
Hoteliers with properties in major U.S. convention markets are not experiencing the usual fall-season pickup in demand from attendees, and are unlikely to match pre-pandemic performance amid ...
A small but growing group of hotels across the U.S. are requiring guests to show proof of COVID-19 vaccinations in an effort to address the delta variant that has caused a late-summer surge in ...
While James Bermingham’s success as Virgin Hotels’ new CEO will depend on his brand’s ability to penetrate some of the most competitive hotel markets in America, his exuberance towards meeting this ...
New and existing Las Vegas hoteliers have added room inventory recently as state officials expanded capacity limits and February data showed signs that visitations have begun to slowly edge upward ...
Pandemic notwithstanding, quarantine-fatigued Americans looking to hit the road with a minimal chance of getting stuck with hotel cancellation fees can party like it’s 2016, for now.
Hotel owners and financiers are confronting the phase-out of a longstanding interest rate benchmark as they address the impact the pandemic has had on borrowers’ ability to repay loans.
Hotel companies took a small piece of online-distribution market share away from online travel agencies in 2020 as years of direct-booking campaigns and heightened concerns over property cleanliness ...
Many hotels in California, New York, Colorado and Oregon are continuing to house the homeless in order to help stem the spread of COVID-19 by removing the most vulnerable members of the population ...
It just may be the small-meetings business that could help the beleaguered hotel industry overcome challenges presented by a raging pandemic, economic downturn and civil unrest.
LAS VEGAS—Las Vegas hoteliers are putting more rooms back online in hopes that fall travel will start edging hotel occupancy and gaming numbers back towards pre-COVID-19 levels.