Meeting Employees Where They Are: Compassionate Leadership in the Age of Social Distancing

It will likely come as no surprise that our evolving workspaces, enabled by technology, outfitted with the most coveted amenities and served by hospitality experts, are designed to make employees feel valued, signaling to them that the work they do is important and impactful. But what about when the workspace provided by an employer is removed (even temporarily) and placemaking becomes a virtual endeavor? The guidance on maintaining business continuity in a suddenly remote environment is ever-growing and increasingly salient – an equally essential toolkit should be followed for the other half of the equation: supporting the emotional wellbeing of employees through traumatic disruption.

U.S. Hotels – Changes in RevPAR and Profits During Historical Recessions – By Robert Mandelbaum

The U.S. lodging industry was prepared for a slowdown in performance entering 2020. CBRE Hotels Research was projecting a 1.1 percent increase in RevPAR for the year. Even with this low level of revenue growth, there were certain factors that could have sustained – or at least cushioned the blow of minimal declines ­- the nine-year trend of profit growth for U.S. hotels since 2010.