Physical distancing outweighs enhanced cleaning, and the concept of furnished suites might be the accommodation industry’s sweet spot. Look for more growth in this area and more bona fide competitors for Airbnb.
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Helping Hoteliers Mitigate the Damage of COVID-19
and Prepare to Capture Returning Travel Demand
What Hoteliers Need to Know Today:
- Forecasting Performance in Post-COVID World (HOTELS)
- Q&A: Covid-19 Will Bring a Shift Toward Personalization (Skift)
- Hoteliers Transform the Future of In-Room Dining (Lodging)
- Best Western CEO Says U.S. Hotels Need 6-Month Lifeline (Skift)
- Host expects ‘record levels’ of closures in top markets (HNN)
What Hoteliers Need to Know Today:
- Budget Season Is Here and the Gloves Are Off (Lodging)
- Hawaiian Islands Could Let Tourists Roam in ‘Resort Bubbles’ (Insider)
- Philly Hotel Optimistic About Opening in Pandemic (Hospitality Tech)
- Desperate Hotel Owners Selling at Discounts up to 30% (The Real Deal)
- Hotels Hurry to Raise Cash as Federal Aid Could End (WSJ)
- US RevPAR Not Much Better, But There are Some Positives (HNN)
What Hoteliers Need to Know Today:
- U.S. Economy Posts Worst Drop On Record (CNN)
- U.S. Hotels Improved in June (Hotel News Now)
- COVID-19 Impact: Recovery Analysis (Kalibri Labs)
- Wyndham’s Plans to Woo Independents (Skift)
- Effective Communication on Clean is Need of Hour (Amadeus)
- America’s Best Employers for Women (Forbes)
- Hospitality Digital Marketing Live Stream Show
- OTA Insight’s Market Insight
What Hoteliers Need to Know Today:
- July 29 is Save Hotel Jobs Day (Lodging)
- US Travel Urges Passage of STEP Act (Travel Pulse)
- Inclusion is a Unicorn, Part 2 (Long Live Lodging)
- HANYC Foundation’s Minority Leadership Scholarship (PR Newswire)
- Wyndham Positioned to Recover (Hotel News Now)
- Can Big Brands Disrupt the Disruptors? (Hotel News Now)
- COVID-19 Summer Booking Trends for Hotels (PhocusWire)
- Travel CEOs Call to Step Up COVID-19 Testing (PhocusWire)
- Tips for Appropriate CARES Act Funds Usage (AAHOA)
What Hoteliers Need to Know Today:
- The End of the $600-A-Week Unemployment (Skift)
- How Hotels Are Preparing with Touchless Tech (PhocusWire)
- Hygiene Theater is a Huge Waste of Time (The Atlantic)
- IHG’s Race to Avoid Losing 100 Hotels (Skift)
- Indus Breaks Ground on Microtel in NY (Lodging)
- Revenue Management Software Put to Test (Skift)
- Hotels Promote Nostalgia of the Road Trip (New York Times)
- Industry Praises Senate Relief Package (U.S. Travel Association)
- CYBER HITEC 2020 (HFTP)
Data Snapshot
U.S., week ending 9/12
(year over year)
– Occupancy -30.2%
– ADR -25.5%
– RevPAR -48.1%
Source: STR
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