April Group Data Shows U.S. Meetings and Events Volume Increased 58.5 Percent Over March 2021
KNOWLAND | May 6, 2021
Knowland numbers reveal that average meeting attendees are nearing 2019 levels ARLINGTON, Va. — May 6, 2021 — Knowland, the leader in AI-powered data for hotels, convention and visitor bureaus, conference centers and other meeting venues, today released its monthly meetings and events data for April. The numbers reveal that April U.S. group meetings volume increased 58.5 percent over last month. As we move past the one year mark when lockdowns began in the United States, Knowland will now be comparing Average Attendees and Average Space Used market data to its 2019 numbers. As bigger cities such as New York and Las Vegas begin to re-o...
In a World of Mobile Lifestyles and Remote Working, What Role Will Hotels Play?
Kimberly Yoong | May 4, 2021
By Kimberly Yoong, Borivoj Vokrinek At a time when many of the world’s events continue to be plagued by COVID-19, making plans even a week in advance may seem difficult, much less 10 years into the future. Nearly overnight, the dialogue shifted from “where to for lunch?” to “can you hear me?”. And as hotels emptied out and travel restrictions drag on, many may wonder, where lies the future of hotels? To answer this question, it is first important to recognize that the hotel sector does not exist as an individual silo, but one which forms part of a much wider network: the ecosystem of how we live and work. The cities in which ...
FAU Poll Tells Disturbing Tale of Hospitality and Tourism Employment in Wake of COVID-19
Florida Atlantic University | May 4, 2021
BOCA RATON, Fla. – May 4, 2021 – The world’s battered hospitality and tourism industry has a long way to go to rebound from the devastating effects of the COVID-19 pandemic, according to a survey of workers conducted by Florida Atlantic University. Roughly 70 percent of the more than 4,000 respondents felt COVID-19 would have a negative long-term impact on the industry, while 65 percent said they felt the industry did not protect its employees better than other sectors. More than one-third of respondents indicated they would be seeking employment outside the industry over the next year. Meanwhile, desperately needed entry-level work...
PACE Financing Lawyer: New York Opening PACE – a Big Opportunity!
David Sudeck | May 3, 2021
By Jim Butler, David Sudeck The NYC PACE Financing Program has finally released its program guidelines! Prospective qualified PACE lenders are now carefully reviewing the guidelines, applying for approval to be a PACE lender in New York City, and seeking projects that may benefit from PACE financing. It is time to get ready, but the official launch date for the program is being delayed a bit and has not yet been set. We expect the launch soon. New York’s Law Will Motivate Building Owners to Reduce Greenhouse Gas Emissions While PACE financing has been available throughout the country for years, the PACE program for New Yo...
New Data: State-by-State Breakdown on Projected Hotel Industry Job Loss for 2021
AHLA | May 3, 2021
Download Fact Sheet on 2021 State Job Loss Here WASHINGTON — May 3, 2021 — Today, the American Hotel & Lodging Association (AHLA) released new data showcasing the ongoing devastating impact of COVID-19 on hotel industry employment, including projected hotel job loss through the end of 2021. Without targeted relief from Congress, nationwide, hotels are expected to end 2021 down 500,000 jobs. Hotels are the only major hospitality and leisure segment yet to receive direct aid. The top five states projected to end 2021 down the highest number of jobs include: California: 67,169 jobs lost Florid...
Vaccine Skepticism Should Not Be Ignored in US Outbound Travel Recovery, Says GlobalData
GlobalData | April 30, 2021
Vaccine skepticism coupled with COVID-19 concerns will continue to affect US outbound travel recovery in 2021 and potentially 2022, says GlobalData, a leading data and analytics company. COVID-19 concerns are high in the US. According to GlobalData’s Q1 2021 consumer survey, 52% of US respondents stated they were ‘extremely concerned’ about the impact of the COVID-19 pandemic in general, which is 10% higher than the global average. However, GlobalData’s Live Verdict Poll found that 23% of respondents in North America did not intend to take a vaccine against COVID-19. This was higher than any other region and suggests that a large p...
Travel and Franchise Industries Endorse ‘Save Hotel Jobs Act’
U.S. Travel Association | April 30, 2021
WASHINGTON — April 30, 2021 — The U.S. Travel Association and the International Franchise Association (IFA) on Thursday voiced strong support for new legislation that would provide relief for hard-hit hotel workers until travel returns to pre-pandemic levels. The Save Hotel Jobs Act, introduced in both chambers of Congress by Sen. Brian Schatz (D-HI) and Rep. Charlie Crist (D-FL), would support jobs in the devastated lodging industry through a combination of direct payroll grants and tax credits, among other provisions. The measure earlier won the joint endorsement of the American Hotel & Lodging Association and UNITE HERE, th...
Hospitality Asset Managers Association (HAMA) Announces Results of “Spring 2021 Industry Outlook Survey”
HAMA | April 30, 2021
BOSTON — April 30, 2021 — The Hospitality Asset Managers Association (“HAMA”) today released the results of its bi-annual survey of asset managers' thoughts, experiences and forecasts for the upcoming year as the hotel industry continues to deal with the on-going pandemic. With approximately 100 participants, topics ranged from “return to 2019” RevPAR levels predictions to the status of the lending market. Additional topics included current acquisition appetites, new brand/management plans and the leading issues of concern for asset managers right now. The survey was conducted in preparation for HAMA’s 2021 Annual Spring M...
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