Year to date through the first seven months of 2020, the stock index was down 42.9%.
According to analysts at Lodging Econometrics (LE), Canadas hotel construction pipeline continued to expand at the close of Q220 with 296 projects/39,645 rooms. The construction pipeline is up 8% by projects and 11% by rooms, year-over-year (YOY).
Total nonfarm payroll employment rose by 1.8 million in July, and the unemployment rate fell to 10.2 percent. These improvements in the labor market reflected the continued resumption of economic activity that had been curtailed due to the coronavirus (COVID-19) pandemic.
June 2020 fuel consumption was 23% higher than May 2020 and 25% higher than April 2020, which was the lowest monthly fuel usage on record dating back to 2000.
U.S. hotel occupancy declined 34.5% to 48.9% during the week of 26 July to 1 August. ADR fell 25.3% to $100.04 and RevPAR dropped 51.1% to $48.96.
Canadian hotel occupancy fell 49.2% to 38.4% during the week of 26 July to 1 August. ADR dipped 28.8% to 129.74 Canadian dollars ($97.72) and RevPAR decreased 63.8% to CA$49.86 ($37.56).
e-forecasting.com's economic Leading Analytic, eLA, a composite barometer of seven time-series, forward-looking, and model-fused predictive analytics, rose 2.8 percent in July, following an increase of 5.1 percent in June.
After record breaking visitation in 2019, the Caribbean was well positioned for another stellar year. However, despite a very low infection rate in the region, the COVID-19 pandemic has presented a wide range of new challenges for stakeholders in the region.
The new pages present a wide range of data on all transportation modes from various sources, and BTS will add more measures as they become available.
COVID-19 has changed the Corporate World as we knew it in more ways than one, and recruiting is no different as the hiring process has changed significantly. Read this article to know more.