Prior to the Covid pandemic, hotel occupancy rates were hitting record highs and average daily rates (ADRs) were rising. Now, with the possible exception of restaurants and retail shops, there is no major type of real estate that has been squeezed harder.

Expedia Group Inc.’s whopping 82% decline in revenue in the second quarter has laid bare the total devastation the coronavirus has wreaked on the travel sector. Shares dipped as much as 4.8% in post-market trading.

As Covid-19 cases continue to surge across the country, travel companies report that a much-hoped-for recovery in domestic and regional travel this summer has largely stalled, dimming hopes for any meaningful rebound before 2021.

The latest edition of the 74-year reference guide is now available, in an easy-to-access online format offered as a subscription; including supplemental guide resources.

GLō Tulsa East Route 66 is located minutes from the Tulsa Port of Catoosa and the Tulsa International Airport. The boutique hotel is close to main attractions like the Tulsa Zoo, Oklahoma Aquarium, ONEOK Field, BOK Center, The Gathering Place, LaFortune Park, Rogers Point park and the Catoosa Activity Center.

Failure to follow science-based advice runs contrary to expert authorities and is crippling Europe’s economies

The Hotel Law Guide helps serve hotel real estate owners, developers and operators as a reference for experienced and well-known lawyers and attorneys with a track record in Asia Pacific region. Each law firm highlights their representative attorneys with the type of services offered and notable projects.

Through Q2 2020 the Canadian lodging industry is experiencing a RevPAR decrease of close to 55%. The luxury segment and hotels with more than 500 rooms have taken the brunt of the Covid-19 impact on lodging demand. The summer leisure domestic demand should prove a short term uptick in Q3.

Company reinforces commitment to protecting environment by engaging reclamation and recycling specialists to sustainably dismantle retired cruise ships