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Hotel Del Coronado – Coronado, CA
The Long-Term Outlook For Hospitality In NYC

It’s no secret that in the age of social distancing and travel bans, the hospitality industry is hurting, but real estate industry professionals are seeing long-term potential, especially in New York City.

Deals Pace To Pick Up After 2020 Volume ‘Fell Off the Cliff’

After a dour 2020, the pace of deals in the U.S. hotel industry is expected to pick up this year, even if it doesn’t quite reach the record levels set in 2019.

U.S. Hotel Unemployment Falls Even With Mounting Fears Over Rising Case Counts

The U.S. hotel sector continues to add jobs since its worst-performing month of April, but there are likely a rough few months ahead for unemployment until a vaccine is in widespread distribution.

Temporary Furloughs Become Permanent Layoffs As NYC Hotel Pain Deepens

Immediate shocks to New York City's hotel industry are morphing into long-term pain as hotel operators confront the reality that a real recovery isn't coming this year.

Airbnb and Vrbo Significantly Outperformed the Hotel Industry But for How Long?

Short-term rentals may be outperforming the hotel industry through the peak summer leisure season, but a fall downturn in family vacations could extend the drag on performance to platforms like Airbnb and Vrbo.

IHG’s Race to Avoid Defaulting on More Than 100 Hotels: What’s the Fallout?

An IHG default on hotel payments in July could lead to the first large opportunity in North America for another brand to take over those properties, all directly a result from the coronavirus pandemic.

Giving Away the House? Las Vegas Resorts Reopen With Rock-Bottom Rates

Vegas casino operators may care more about occupancy over daily rates in the initial recovery, but prolonged room discounts can alter guest rate expectations — and sink hotel revenue streams for the long-term.

Move Over Revenue Models: Hotel Recoveries Will Also Need to Factor In Psychology, Sociology

Analysts are beginning to predict the hotel industry’s recovery from the coronavirus downturn in travel, but some caution there are still too many unknown variables awaiting properties when they reopen.

Expect Hotels to Mimic the Airline Merger Playbook After the Last Recession

Smaller hotel chains likely face two choices coming out of the coronavirus crisis: shutter completely or consolidate into a bigger brand.

How Hospitality Alumni Are Waiting out COVID-19

Our alumni share how they have come to terms with the pandemic and share recommendations on how to keep busy while at home, along with their hope for the future of the hospitality industry.

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