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For the first time since February, U.S. hotel gross operating profit per available room (GOPPAR) was positive, according to STR's July 2020 monthly P&L report.
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This article delves into the Darwinian laws of a post-COVID-19 hotel market. Emerging from the global economic shutdown, many tough choices for hoteliers lie on the road ahead to a sustainable and profitable business…
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One of the buzzwords of the past few months has been ‘pivot’. The ability to change focus and make the most of the realities of COVID-19 has forced people to look at what they were doing and adapt to a situation like no-other…
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Hotel owners have filed a lawsuit, claiming the additional cost of complying with a union-driven cleaning ordinance will prevent them from opening properties in San Francisco even after other restrictions are lifted…
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The organisers of ITB China, China’s largest B2B exclusive travel trade show, have announced the launch of the ITB China Industry MeetUp, at an exclusive networking event for industry senior representatives in Shanghai…
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In view of the uncertainties concerning the Covid-19 pandemic, the Hong Kong Tourism Board (HKTB) today announced that its annual signature event “Hong Kong Wine & Dine Festival” will, for the first time, take on a virtual format…
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According to the latest “Europe Hotel Construction Pipeline Trend Report” from Lodging Econometrics (LE), analysts report that at the close of the second quarter of 2020, Europe’s hotel construction pipeline increased 9% by projects and 13% by rooms…
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Deutsche Hospitality announced the addition of another hotel of its Zleep Hotels brand in Denmarkwith a scheduled opening for fall 2021. The Zleep Hotel Glostrup will be a new building west of Copenhagen…
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