Hotel Industry News
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State Roundup: Upbeat revenue numbers, but fiscal leaders urge caution; hotel industry said to need state aid
MD FISCAL LEADERS CAUTIOUS ON UPBEAT REVENUE NUMBERS: Maryland's state government budget has avoided catastrophic shortfalls so far during the pandemic-induced recession, largely due to federal coronavirus aid programs, Pamela Wood of the Sun…
What Pandemic? Ground Broken On Hotel
Bruce Redman Becker broke ground Wednesday on a roughly $50 million bet: That a new 165-room hotel at the iconic and long-vacant Pirelli Building will be able to attract lodgers, restaurant goers, and business visitors — even as the Covid-19…
A Pandemic Upside Is Hotel Chains Are Being Forced to Address Management Bloat
Covid-19 is the turning point for the hotel industry to unplug, simplify structures, and redesign roles, which can all make it more attractive to future talent. Across the world, hotel chains are looking at some form of reorganization. To say it's…
Hotel REITs: Winter's Coming
(Hoya Capital Real Estate, Co-Produced with Brad Thomas) Hotel REITs - along with the global leisure and tourism industry - have been decimated by the coronavirus pandemic, plunging more than 50% this year as 'no vacancy' has quickly become 'no…
Florida, national hotel corporations look to Congress amid job losses
Nearly 40 percent of hotel workers in Florida have lost their jobs because of the coronavirus pandemic, and industry lobbyists warn that could reach 70 percent this winter without further assistance from Congress. State and national hotel industry…
New Hyatt Centric Hotel To Open In Rittenhouse Square As Philadelphia's Tourism Industry Claws Back From $4 Billion Hit
Filed Under: Hyatt Centric, Local, Philadelphia News PHILADELPHIA (CBS) — There are some encouraging economic signs as Philadelphia emerges from the pandemic. Among them is a new hotel that's set to open this week in Rittenhouse Square.
Benchmarking 101: The Bottom Line on Utility Costs - Hotel News Resource Mobile Edition
In the age of COVID, numerous operating costs have decreased, as hoteliers have done all they can to reduce expenses to help offset the extreme reduction in revenue. Still, there's never zero cost. Even a closed hotel has expenses. So, too, do…
DPS says pair arrested with drugs after hotel handoff
Published: Sep. 30, 2020 at 11:43 AM CDT|Updated: 17 minutes ago COLLEGE STATION, Texas (KBTX) - A pair of suspected drug dealers were arrested after authorities say they saw a hand-off at a College Station hotel. According to authorities, Marshall…
Nearly 70 percent of Florida hotel workers are expected to lose their jobs over the next couple months
Nearly 40 percent of hotel workers in Florida have lost their jobs because of the coronavirus pandemic, and industry lobbyists warn that could reach 70 percent this winter without further assistance from Congress. State and national hotel industry…
NEWS: The Orlando Hotel and Restaurant Workers Movement Provides Discussion Details About Employee Layoffs in Disney World
Yesterday, it was announced by Disney that they would be laying off 28,000 of their Cast Members at the domestic Disney Parks. Employees will be affected across the board domestically at the parks, resorts, and even the restaurants. In a Facebook…
Homewood hotel set to open in January 2021
HOMEWOOD, Ala. (WIAT) — Homewood residents can look forward to an end in construction in the downtown area. The Valley Hotel is set to open in January of 2021. The 129-room hotel is A Curio Collection by Hilton™ hotel and will include…
Prodigy Network's AKA Wall Street Hotel Closes Permanently
Closure is latest step in slow unraveling of troubled crowdfunding form SYLVIA VARNHAM O'REGAN SEP 30, 2020 10:30 AM AKA Wall Street, an extended-stay hotel once marketed by crowdfunding platform Prodigy Network as a promising investment…
Pasadena's Langham Hotel rehires some employees, others allege hotel violated city law
Councilmember John Kennedy shows support for hospitality workers outside Pasadena City Hall in Pasadena on Tuesday, September 29, 2020. Workers were heading to Sacramento in hopes of Governor Gavin Newsom signing AB3216, a “Right of…
Inside The Savoy: London's top hotel opens its doors for documentary
The Savoy documentary takes viewers behind the scenes tonight at 9pm on ITV The 131-year-old hotel on the banks of the River Thames has 37 butlered suites Many customers seen returning to their 'second home' in tonight's first episode It's…
Chef Shaun Hergatt Opens Vestry in the Dominick Hotel
Just in time for the return of limited indoor dining in New York, Michelin-starred chef Shaun Hergatt is unveiling his latest restaurant downtown on Oct. 2. Vestry, a casual restaurant within the forthcoming Dominick Hotel, taps into the chef's…
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