Airbnb says the revenue increase was driven by strength in North America and higher average daily rates during the quarter. Comparatively, in the same period last year, revenue was significantly impacted by the cost of cancellations related to COVID-19.
In the recently released Q121 United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest U.S. construction pipelines at the end of Q121 are Marriott International with 1,354 projects/178,290 rooms, followed by Hilton Worldwide with 1,248 projects/145,256 rooms, and InterContinental Hotels Group (IHG) with 807 projects/81,702 rooms
Governors proposed marketing funds will revive hotel, tourism economy
The occupancy doldrums remained in place with U.S. occupancy falling to an eight-week low (56.7%) during 2-8 May 2021. Using STRs total-room-inventory (TRI) methodology, which considers hotels that are temporarily closed, occupancy dropped to 54.2%.
On Tuesday, 11 May, Muslims across the Middle East set their eyes to the sky in search of the crescent moon that would signal the end of Ramadan, the holy month of prayer and fasting. The moon, however, was not sighted, and the Supreme Court of Saudi Arabia announced Eid al-Fitr, or the breaking of the fast and end of Ramadan, will instead fall on Thursday, 13 May.
The Pandemics negative effect on the hospitality industry, especially its ability to hire new associates, will be long felt even as we see signs of recovery. Many have left the industry for other opportunities considered more stable. The more leadership can recognize, motivate, and reward team members, the stronger the chances are of rebuilding and retaining staff for the long term.
Guests can now check-in to more than 3,000 IHG Hotels & Resorts properties across the U.S. and Canada through their mobile devices, computers and tablets.
Mondrian, a brand within the Accor group, today announced its expansion into Europe with Mondrian Shoreditch London. The lifestyle hotel, owned by The Reuben Brothers, will open its doors July 2021 following a major overhaul and complete redesign by London interior design studio Goddard Littlefair.
In exchange for every Relay purchase by a hotel, the voice-first communications software company for frontline workers will sponsor a hotel employees training and development in a national partnership with the AHLA Foundations Empowering Youth Program
Arizona Biltmore, A Waldorf Astoria Resort announced the reopening on May 1, 2021, following a property-wide transformation, revealing a new chapter in the history of this resort.