Hotel Industry on Brink of Collapse Releases Roadmap to Recovery

With new data from the Bureau of Labor Statistics (BLS) showing staggering job loss to the hospitality and leisure industry, the American Hotel & Lodging Association today released a “Roadmap to Recovery,” calling on Congress to prioritize relief for hotel workers and small businesses...

AHLA Report Shows Hotel Job Loss & Rehiring Rates

The American Hotel & Lodging Associating (AHLA) conducted a survey of members on May 12-14, 2020 about layoffs, furloughs, and efforts to rehire and retain employees.  Below are high-level findings from more than 900 respondents. Nearly 9 out of 10 hotels have laid off or...

Eased COVID-19 Restrictions in Warmer Markets Shows Jump in Hotel Demand

Led by Florida and Texas, 13 STR-defined submarkets showed greater than 10-point weekend vs. weekday occupancy gains for the week ending 2 May, according to data from STR. “The first ‘real weekend’ with eased COVID-19 restrictions showed an obvious jump in hotel demand, especially in...

Hotel Occupancy Shows a Third Consecutive Increase Over Past Week

STR data for 26 April through 2 May 2020 showed slightly higher U.S. hotel occupancy compared with previous weeks, but the same significant level of year-over-year decline in the three key performance metrics. In comparison with the week of 28 April through 4 May 2019,...

Hotel Occupancy Rose Slightly This Week

Reflecting the continued impact of the COVID-19 pandemic, the U.S. hotel industry reported significant year-over-year declines in the three key performance metrics during the week of 19-25 April 2020, according to data from STR. In comparison with the week of 21-27 April 2019, the industry recorded...

Report Shows Hotels Require More PPP Loan Funding to Save Jobs

The American Hotel & Lodging Association (AHLA) released a new report today showing the average small business hotel will require additional funding from SBA loans under the Paycheck Protection Program (PPP) in order to rehire employees or prevent further layoffs and keep their business...

New Report Reveals 70% of the Employees in the Hotel Industry Were Laid Off or Furloughed

As COVID-19 continues to devastate the hotel industry, the American Hotel & Lodging Association (AHLA) released new data today showing that 70 percent of hotel employees have been laid off or furloughed as eight in 10 hotel rooms across the nation remain...

U.S. Hotel Construction Hit All-time High in March

The U.S. hotel industry recorded 214,704 rooms under construction in March 2020, the highest end-of-month total ever reported by STR. The industry’s previous construction peak occurred in December 2007 with 211,694 hotel rooms in construction. That level was slightly surpassed in February 2020 at 211,859 rooms...

Top Hotel CEOs Meet with President Trump to Keep Hotels From Shuttering

Leading hotel CEOs met with the White House to discuss urgent economic recovery solutions needed to protect millions of U.S. hotel employees and 33,000 small businesses as travel grinds to a virtual halt across the country.  From Main Street to major cities...

MJM Group Opens New Aloft Charlotte Airport Hotel

Leading hotel developer MJM Group recently opened its sixth Marriott brand hotel in North Carolina.  Its new Aloft Charlotte Airport hotel is the first Aloft to be built in City Park Charlotte, a 150-acre community that includes residential, retail and offices surrounded by a...