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covid recovery

Home/Tag: covid recovery

covid recovery

covid recovery

U.S. Travel Lauds New CDC Travel Guidance

U.S. Travel Association  | April 5, 2021

WASHINGTON — April 5, 2021 — U.S. Travel Association President and CEO Roger Dow issued the following statement on Friday’s announcement that the Centers for Disease Control and Prevention (CDC) will substantially relax the guidance on travel for individuals who have been fully vaccinated against COVID: “The CDC’s new travel guidance is a major step in the right direction that is supported by the science and will take the brakes off the industry that has been hardest hit by the fallout of COVID by far. As travel comes back, U.S. jobs come back. “The CDC’s data suggests that vaccinated individuals don’t transmit the c...

U.S. Travel Reacts to Latest Job Figures

U.S. Travel Association | April 5, 2021

WASHINGTON — April 5, 2021 —The U.S. Leisure & Hospitality sector gained 280,000 jobs in March and the industry’s unemployment rate now stands at 13.0%—compared with 916,000 jobs gained and a 6.0% unemployment rate for the overall economy, according to the monthly employment report released Friday by the Department of Labor. U.S. Travel Association President and CEO Roger Dow issued the following comment: “The rise in Leisure and Hospitality jobs is a clear sign that an increase in travel and related activities corresponds to an increase in jobs, so maintaining employment growth will depend upon the broad restart of travel, p...

Are Hotels Prepared for the Return of Meetings & Conferences?

HotStats | April 5, 2021

Meetings and conferences generate big business for hotels. The pandemic made a big mess of that. On the rebound, hoteliers are eager to see that demand segment return. The arrival of COVID-19 vaccines—coupled with a societal eagerness to get out of the house—has led to a relatively robust bounce in leisure travel, which helped underpin a listless hospitality business. Add Zoom fatigue of workers to the list of travel motivators and the return of medium-sized and large-scale gatherings aren’t too far behind. That’s good news for hotels, as properties suffered massive losses due to the near evaporation of group business last year....

Vaccinations and Economic Stimulus Spur Stronger Second Half Performance for U.S. Hotels

CBRE Group, Inc. | March 30, 2021

Dallas – March 30, 2021 – The continued rollout of COVID-19 vaccinations and additional stimulus funds have strengthened the foundation for the recovery of the U.S. lodging industry.  According to the February 2021 edition of Hotel Horizons®, CBRE Hotels Research is forecasting an average national occupancy level of 43.0% during the first half of 2021, accelerating to 55.1% in the second half of the year. “Our current forecast takes into account a national rollout of the COVID vaccines, plus the December COVID Relief Bill, both of which support the projections of improved performance during the second half of the year,” said Rach...

Hoteliers Opting for Onsite Technology Training Despite Pandemic

Cam Troutman | March 25, 2021

Operators say it’s important to lead by example and show businesses that it’s safe and viable to attend live meetings when health and safety protocols are followed By Cam Troutman Online learning has its advantages, especially amidst a pandemic. Convenience, flexibility, and cost savings are just a few pluses that come to mind. But when a hotel migrates to a completely new financial management platform or adds new software modules, on-site training is still preferred. It’s not that the technology is too difficult to grasp online, but rather, hoteliers seem to thrive when they connect in person with their peers and vendor partners, a...

Travel Industry Urges White House to Set a Timeline to Reopen International Travel

U.S. Travel Association | March 23, 2021

WASHINGTON — March 23, 2021 — Leaders of the U.S. travel and aviation industry called on the Biden administration Monday to set a May 1 deadline to commit to a plan for reopening the country to inbound international visitation. The U.S. Travel Association is among the 26 organizations to sign a letter urging the White House “to partner with us to develop… a risk-based, data-driven roadmap to rescind inbound international travel restrictions.” “Travel and tourism is the industry hardest hit by the economic fallout of COVID, and the damage is so severe that a broader economic recovery will stall if we can’t get travel off th...

Vaccine Tourism: Should the Hospitality Industry Acknowledge this Trend?

Hassan Al Sayegh | March 18, 2021

By Hassan Al Sayegh The world is shifting into a recovery stage from the pandemic that has resulted in a loss of millions of lives and impacted many businesses. The emergence of several vaccines around the world is a critical tool to battle against COVID-19 [1]. Currently, eight COVID-19 vaccines are finalized or in-progress according to the World Health Organization, including Pfizer-BioNTech, AstraZeneca-Oxford and Sinopharm, which are being administered to the people of certain countries [2]. However, there are specific protocols to follow concerning eligibility to receive the vaccine. There are priority groups such as senior citizen...

Beekeeper 2021 Webinar Series Leads With ‘Reality Check: Where Are We in the Recovery?’

Beekeeper | March 10, 2021

Industry experts from Hyatt Hotels, MOD Pizza, Morongo Casino Resort & Spa, and Beekeeper will share unique perspectives and actionable insights on how they expect to mitigate anticipated challenges this year Oakland, Calif. — March 10, 2021 — The world came to a standstill in 2020. With stay-at-home orders and closed borders, the hospitality industry found itself in unchartered territory. Hospitality was one of the industries most impacted by the pandemic, with many businesses closing their doors for the first time in history and millions of employees being furloughed. Where in the recovery process are hotels, restaurants, casino...

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