Federal Judges Deal Further Blows to Debra Laufers Nationwide ADA Lawsuits Against the Hospitality Industry
As part of the Leading Diversity@Wharton speaker series, Dean Erika James and AT&T Senior Vice President and Chief Diversity Officer Corey Anthony spoke with Whartons Stephanie Creary about inclusive leadership in times of crisis.
U.S. hotel profitability hit double figures for the first time since February, and year-over-year comparisons improved slightly from the previous month, according to STRs October monthly P&L data release.
The number of destinations closed to international tourism has continued to fall. According to the eighth edition of the UNWTO Travel Restrictions Report, 70% of all global destinations have eased restrictions on travel introduced in response to the COVID-19 pandemic. In comparison, just one in four destinations continue to keep their borders completely closed to international tourists.
Continued political uncertainty leading up to the presidential inauguration, the speed of the business traveler's return after a vaccine, and the length and severity of a resurgence of the virus in Q4 and into 2021 are impacting lodging's recovery in the US.
50% of diners have tried a restaurant for the first time because of a social media post. How are your social media chops? Download this free guide to use social media to grow your restaurant business in 2020.
By someones estimate there are roughly one million hotels in the world. I take it that number includes all the different kinds of hotels from small inns and hostels all the way up to your full-service multi-outlet mega hotel operations. For simple math I am going to estimate that half of this number of hotels fall into the small inns and hostels, and that leaves 500,000 of what Im going to call real hotels. Of those 500,000 I am willing to bet that 50 percent do not know about or use 'You Sally.'
Bouncing back to profitability is proving a Sisyphean task for U.S. hotels. The rest of the world is having a slightly easier path. For the seventh consecutive month, U.S. hotels in September remained in negative gross operating profit per available room territory and at $-9.19, it was a 34% regression from the month prior and a 109.6% year-over-year decrease, according to new data from HotStats.
The 10 marketing network carriers reported 345,294 scheduled domestic flights in September 2020 compared to 398,470 flights in August 2020 and 660,712 flights in September 2019. Of those 345,294 scheduled flights, 0.7%, 2,523 flights, were canceled. As a result of schedule reductions and cancellations, the carriers reported operating 342,771 flights in September 2020, compared to 394,143 flights in August 2020 and the all-time monthly low of 180,151 flights in May 2020.
Short-term rentals in three U.S. markets reported increased month-to-month performance growth in October and outpaced hotel occupancy in the market for the month.