LODGING LEADERS

CORONAVIRUS PANDEMIC

As the U.S. navigates the health and economic threats from the new-coronavirus pandemic, Long Live Lodging / Lodging Leaders podcast is covering the impact of the crisis on the hotel industry. We’re committed to keeping you updated on developments related to the COVID-19 outbreak, which on March 13 the White House declared a national emergency. Lodging Leaders has increased its weekly podcasts to provide news and information across a range of topics related to the crisis. Complementing the audio programs, Long Live Lodging features a multimedia section that adds context to the podcast reports with articles, photos, videos and links to additional information.

Business Interruption Lawsuits Spread With Virus

  • 261 | Let’s Make a Deal: Coronavirus crisis alters hotel transaction landscape
    CORONAVIRUS
    April 1, 2020

    261 | Let’s Make a Deal: Coronavirus crisis alters hotel transaction landscape

    The U.S. hotel industry has practically grinded to a halt in the wake of the coronavirus crisis. As Lodging Leaders shared in our previous report, Episode 260, hotel business performance has declined to unprecedented levels. Another area of the industry that the COVID-19 pandemic is impacting is hotel transactions. Properties remain on the market, but read more

  • U.S. Hotel Industry in a ‘Free Fall’
    CORONAVIRUS
    March 30, 2020

    U.S. Hotel Industry in a ‘Free Fall’

    Oxford Economics reported last week that the U.S. economy is in recession. The nation’s travel and tourism industry, hit hard by the global COVID-19 pandemic, is the leading cause of the decline in the nation’s GDP. In this report, the seventh in Long Live Lodging’s Special Coronavirus Report, hotel industry analysts clarify the impact the read more

  • 260 | Startling Statistics: Industry analysts stunned at depth of downturn
    CORONAVIRUS
    March 30, 2020

    260 | Startling Statistics: Industry analysts stunned at depth of downturn

    Last week, several hospitality-focused analytical companies released data that specifically show how the coronavirus pandemic is decimating the U.S. hotel industry. The picture they paint is grim. And – though experts say they believe the industry will eventually resurge – the months ahead will be hard. In this report we review reports from STR, CBRE read more

  • Marketing to a Captured Audience
    CORONAVIRUS
    March 27, 2020

    Marketing to a Captured Audience

    As the nation weathers the COVID-19 crisis, hotels can make the most of a bad situation by finding ways to serve their communities. During this time, say hospitality marketing experts, building trust among consumers is more important than ever. By sharing their acts of kindness and compassion hotels can shape a message that reassures the read more

  • 259 | Trust Factor: Hotels can channel the right message during the coronavirus crisis
    CORONAVIRUS
    March 27, 2020

    259 | Trust Factor: Hotels can channel the right message during the coronavirus crisis

    While many of the country’s 57,000 hotels have closed during the coronavirus pandemic, owners and operators are spending limited resources and a whole lot of time on retooling their property systems and deep cleaning rooms and public areas. They want to be ready when the nation starts traveling again. And that’s a message that needs read more

  • COVID-19 Capital Stack Warning
    CORONAVIRUS
    March 25, 2020

    COVID-19 Capital Stack Warning

    As hoteliers struggle to keep some remnant of their hotels operating, finance advisers issue a caveat emptor. SBA emergency loans are useful in crisis but only if certain elements are in place, says Dave Shah founder of Pineapple Capital Group. Paul Darrow of PHD Financial reminds prospective small-business borrowers the loans will have to be read more

  • 258 | Cash in a Crisis: SBA launches COVID-19 loan program, but experts urge caution
    CORONAVIRUS
    March 25, 2020

    258 | Cash in a Crisis: SBA launches COVID-19 loan program, but experts urge caution

    Dave Shah grew up in his family’s hotel and watched his parents and other hoteliers struggle to stay in business during the Great Recession. He thinks the economic situation for hoteliers during the COVID-19 crisis is growing worse than that time. Shah founded Pineapple Capital Group five years ago to help hotels and other small read more

  • HOSPITALity in the age of COVID-19
    CORONAVIRUS
    March 23, 2020

    HOSPITALity in the age of COVID-19

    As hotels in the U.S. are forced to dramatically scale back operations or close altogether because of the new-coronavirus pandemic, government officials are looking to use the empty rooms to fight the spread of the virus or find a place for patients recover. Meantime, hotel operators are taking a fresh look at cleaning procedures to read more

  • 257 | Hotels Become Hospitals: Government takeover of lodging leaves big questions for owners
    CORONAVIRUS
    March 23, 2020

    257 | Hotels Become Hospitals: Government takeover of lodging leaves big questions for owners

    As hotels in the U.S. are forced to dramatically scale back operations or close altogether because of the new coronavirus pandemic, government officials are looking to use the empty rooms to fight the spread of the virus or help patients recover. Meantime, hotel operators are taking a fresh look at cleaning procedures to assure guests read more

  • ‘A World of Hurt’
    CORONAVIRUS
    March 20, 2020

    ‘A World of Hurt’

    Cecil Staton has had his hands full to say the least. He has been at the helm of AAHOA, the world’s largest hotel owners association, for just four months. The new coronavirus outbreak and its devastating effect on the travel industry has hotel owners turning to him for solutions. In today’s episode, Staton shares his read more

  • 256 | What’s a Hotelier To Do? AAHOA’s Cecil Staton on the industry’s ‘dark times’
    CORONAVIRUS
    March 20, 2020

    256 | What’s a Hotelier To Do? AAHOA’s Cecil Staton on the industry’s ‘dark times’

    Cecil Staton has had his hands full to say the least. He has been at the helm of AAHOA, the world’s largest hotel owners association, for just four months. The new coronavirus outbreak and its devastating effect on the travel industry has hotel owners turning to him for solutions. This is the third installment of read more

  • Hotels Fight Job Cuts
    CORONAVIRUS
    March 18, 2020

    Hotels Fight Job Cuts

    Debbie Brown worked in human resources at Four Seasons Hotels for 40 years. Now an independent hospitality consultant, Brown said hotel owners and operators are faced with having to reduce their workforces as the new coronavirus cripples the travel and tourism industry. Meantime, hotel CEOs on Tuesday met with President Trump to lobby for $150B in aid.

  • 255 | Workforce Woes: Hotels try to avoid layoffs
    CORONAVIRUS
    March 18, 2020

    255 | Workforce Woes: Hotels try to avoid layoffs

    Seemingly overnight, the new coronavirus pandemic has dramatically curbed travel in the U.S. Hotels are feeling the pain as occupancies dropped to historic lows, in some cases down by 80 percent. The American Hotel and Lodging Association on Monday reported major hotel managers said they’ve laid off or furloughed one million employees. Long Live Lodging read more

  • Discounting Rate Can Go Viral
    CORONAVIRUS
    March 16, 2020

    Discounting Rate Can Go Viral

    The U.S. hotel industry is undergoing an unprecedented drop in business as the new coronavirus or COVID-19 grows more and more real every day. The slowdown is fueled by various responses to the COVID-19 outbreak in the U.S. including White House bans on international visitors; a slowdown in domestic air travel; a pullback on business travel by corporations; and event cancellations. Currently, there is no ban on domestic travel. Hotels can take steps to prop up rate and avoid unnecessary discounting. They can also use this time to prepare for an upswing in business when the coronavirus outbreak levels off and the health threat is diminished.

  • 254 | High Cancellations and Low Demand: Hotel pricing in a steep downturn
    CORONAVIRUS
    March 16, 2020

    254 | High Cancellations and Low Demand: Hotel pricing in a steep downturn

    The U.S. hotel industry is undergoing an unprecedented experience as the new coronavirus or COVID-19 grows more and more real every day. Long Live Lodging and its Lodging Leaders podcast has decided to put a temporary hold on its usual programing from one report a week and move to providing updates throughout the week with read more

  • 252 | The BulletInn #2: Coronavirus and group business; Sara Blakely of Spanx at Hunter conference; and short-term rental’s surprising shift
    BHARAT SHAH LEADERSHIP SPEAKER SERIES
    March 4, 2020

    252 | The BulletInn #2: Coronavirus and group business; Sara Blakely of Spanx at Hunter conference; and short-term rental’s surprising shift

    Welcome to the second edition of BulletInn, a news report of Long Live Lodging and its Lodging Leaders podcast. In this episode, we cover three topics: The spread of the new coronavirus and its impact on travel and the legalities around cancelling group meetings in the U.S. Surprises in a report by CBRE Americas Hotels read more

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