STR | August 14, 2020
HENDERSONVILLE, Tennessee—Full recovery in U.S. hotel demand and room revenue remains unlikely until 2023 and 2024, respectively, according to the slightly downgraded STR and Tourism Economics forecast just released at the 2020 Hotel Data Conference. “Performance recovery is going to remain slow and well off of the pre-pandemic pace until the context for travel improves and group business begins to return,” said Amanda Hite, STR president. “To show how far levels have fallen year over year, the 40% demand decrease we project for Q3 2020 will be a substantial improvement from the 57% decline realized during Q2. Even with a slight im...
How Hotels Can Increase Share of Wallet With Incremental Offers
IHG Hotels & Resorts Expands Footprint in Southern France
b4checkin Announces Peter J. Rogers, Jr. as Chief Executive Officer, Founder Saar Fabrikant Appointed as President
McLaren Signs Strategic Agreement With AnMeng in China
As the first news aggregate for the hotel industry, Hotel-Online is the industry’s must-read daily news source for everything hotel curated for busy professionals. Sign up today for industry news delivered to your inbox.