January 2021 Monthly-GDP Increased 2.1 Percent
ased on more complete source data than were available for the flash (first) January 2021 estimate, the latest visualization reveals
Hotel News Resource Mobile Edition
the source for hotel industry news
ased on more complete source data than were available for the flash (first) January 2021 estimate, the latest visualization reveals
pwc Manhattan Lodging Index: Q4 2020
The COVID pandemic has resulted in both positive and negative environmental, social governance (ESG) impacts. The attendees discussed a wide range of COVID impact observations seen around the world.
Declining oil and gas prices since 2014 have largely resulted in an economic retrogression in Alaska. Aside from the oil and gas industry, the tourism industry is one of the largest private-sector groups of employers in the state and accounts for one of every eight jobs. Therefore, the impact of the COVID-19 pandemic has been detrimental to the local economy. While the widespread availability of a vaccine has ignited hope, tourism recovery faces some obstacles in 2021.
In this blog, the HFTP Middle East Research Center examines the essence of Industry 4.0 and how it is expected to impact the food and beverage (F&B) sector, and also identifies potential barriers to the adoption of Industry 4.0 solutions.
Canadas hotel industry reported continued lows across the three key performance metrics, according to STRs January 2021 data.
Measures being taken now are setting the stage for better times in 2021, through the middle of this decade
Since Brazil started to emerge from COVID-19 isolation, domestic leisure demand has returned at a modest level while international and group demand are unlikely to return in the short-term restrictions remain in place. As noted in our previous analysis, preference for Latin Americas regional markets continues to be higher than urban markets. Brazil is no exception. Now the question is, when will corporate demand come back?
With limited attendance and game festivities, Tampas hotel performance gains came in far lower than that of previous Super Bowl host markets, according to STR. Despite the current pandemic environment, the market was still able to post a 64.5% year-over-year increase in average daily rate (ADR).
Total Passenger Trips, Net Sales Increase Over 20% Since December