INDUSTRY NEWS

LODGING Magazine

WASHINGTON—A national survey conducted by Morning Consult and commissioned by the American Hotel & Lodging Association (AHLA) found that only 29 percent of U.S. travelers would consider traveling to a city or urban destination this summer, further showing the economic devastation facing urban hotels and markets, which rely heavily on business from events and group meetings, underscoring the need for targeted relief from Congress.

By Jeff Weinstein, HOTELSMag.com

Throughout the recent winter months, like everybody else, Ace Hotel Group President Brad Wilson was constantly reforecasting cash flow to understand where the next dollars would come from and how to keep the business in reasonable financial health. But, in the next breath and throughout the thought process, he knew there had to be a balance to make sure he reminded himself he was still in the hotel business that is not purely about cash.

By Dana Miller
Hotel News Now

To overcome pressing labor challenges, some hospitality industry leaders are urging hotel owners to take action with local governments and work with brands to improve the business model.

 Lodging Magazine

More than three-quarters of U.S. travelers (77 percent) plan to take a trip this summer, according to the results of a Harris Poll survey requested by the Let’s Go There coalition of 75 travel companies and organizations

Lee Hecht Harrison

Jennifer Fickeler, Ph.D., PCC, SVP, Global Master Coach, LHH

Could leadership coaching be the missing link in our efforts to create a happier, healthier and safer workplace? 

By Jan Freitag
CoStar Analytics

In the first quarter of 2021, luxury chain-affiliated hotels in the U.S. reported average daily rate growth of 3.4% compared to the first quarter of 2020. In other words, those types of rooms were a little more expensive than they were a year ago.

Chicago Business Journal

A permanent e-scooter presence in Chicago is getting closer to reality.

Chicago Business Journal

The abrupt shutdown of the Paycheck Protection Program has left millions of borrowers in limbo. Those seeking relief through the Small Business Administration's Targeted EIDL Advance initiative are grappling with location requirements that could leave an entrepreneur just a few blocks away from being eligible for funding. 

By Christine Killion, Lodging Magazine

On May 12, the final day of the 2021 Hunter Hotel Investment Conference, during a general session panel entitled “Leading With Purpose,” five hotel industry leaders sat down to discuss the challenges they faced throughout the pandemic, how they responded to those, their biggest focuses over the past year, and whether they expect those to shift moving forward. Moderated by Kirk Kinsell, principal, Panther Ridge Partners, LLC, the panel began with each of the CEOs reflecting on their pandemic journey and what strategies they relied on to keep their teams focused.

By Andy Medici  –  Senior Staff Reporter, Washington Business Journal

The hotel industry is pushing Congress to create its very own $20 billion grant program — hopefully by the end of the summer.