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US Hotels pull back rates as inflation hits 4 decade high
Soaring hotel room rates are continuing to contribute to a spike in the U.S. cost of living, but the pace of price hikes is slowing....
Darth Vader
Sep 1, 20222 min read
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Darth Vader
Jun 2, 20210 min read
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Inflation! Should we be worried?
Concerns about inflation have recently been increasing. Inflation matters because it could precipitate (potentially rapid) increases in...
Darth Vader
May 11, 20211 min read
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The Travel Industry Is Up Against a Psychological Make-or-Break
Nikki Ekstein, Bloomberg News As the head of travel and tourism for Boston Consulting Group, Jason Guggenheim is used to troubleshooting...
Darth Vader
Dec 2, 20205 min read
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The Hotel Sector Prepares for a Long Winter
A hard winter is coming for many hotel properties. But lodging assets that survive can look forward to a more hopeful spring As doctors...
Darth Vader
Dec 2, 20203 min read
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Airbnb hopes to raise up to $2.6B in mid-December IPO
Airbnb hopes to raise as much as $2.6 billion in its initial public stock offering this month, betting investors will see its...
Darth Vader
Dec 2, 20202 min read
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CBRE: U.S. demand to reach 2019 levels by Q3 2023
With the U.S. hotel industry facing the lowest occupancy levels since the 1930s and the greatest declines in revenues and profits ever...
Darth Vader
Sep 2, 20203 min read
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Forecast says US hotel occupancy may not recover until 2023
U.S. hotel demand likely won’t see a full recovery until 2023, according to a new forecast from travel data company STR and consultant...
imranshahab
Aug 14, 20202 min read
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CHINA LIVE EXPANDS TO BERKELEY AREA
https://www.seamless.com/menu/china-live-signatures-berkeley-1812-university-ave-unit-a-berkeley/2258366
imranshahab
Aug 6, 20201 min read
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Hospitality Industry Turns to Tech to Lure Guests Back
U.S. hotel companies are doubling down on automation and fast-tracking technologies such as digital room keys and voice-activated digital...
imranshahab
Aug 6, 20203 min read
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Bryant Park Hotel is being converted to office space
The iconic Bryant Park Hotel is checking out of its long-time home on West 40th Street, The Post has learned. The entire land-marked...
imranshahab
Aug 6, 20202 min read
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FOOD HALLS SHOW PROMISE
As states, including Colorado, begin to reopen following the lifting of nationwide stay-at-home orders, customers are demanding a shift...
imranshahab
Jun 19, 20202 min read
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HERTZ FILES FOR BANKRUPTCY
After 100 years in business, Hertz filed for bankruptcy on Friday, proving to be yet another casualty during Covid-19. The old-time...
imranshahab
May 28, 20201 min read
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