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....
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Darth Vader
- May 11, 2021
- 1 min
Inflation! Should we be worried?
Concerns about inflation have recently been increasing. Inflation matters because it could precipitate (potentially rapid) increases in...
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Darth Vader
- Dec 2, 2020
- 5 min
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...
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Darth Vader
- Dec 2, 2020
- 3 min
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...
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Darth Vader
- Dec 2, 2020
- 2 min
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...
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Darth Vader
- Sep 2, 2020
- 3 min
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...
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imranshahab
- Aug 14, 2020
- 2 min
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...
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imranshahab
- Aug 6, 2020
- 1 min
CHINA LIVE EXPANDS TO BERKELEY AREA
https://www.seamless.com/menu/china-live-signatures-berkeley-1812-university-ave-unit-a-berkeley/2258366
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imranshahab
- Aug 6, 2020
- 3 min
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...
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imranshahab
- Aug 6, 2020
- 2 min
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...
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imranshahab
- Jun 19, 2020
- 2 min
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...
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imranshahab
- May 28, 2020
- 1 min
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...
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