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‘Not everybody is getting the message’

Coronavirus Special Report: Hotel industry navigates health, economic threats
LATEST NEWS
  • Hospitality workforce to shape shift in post-COVID-19 industry, experts say
    CORONAVIRUS
    April 22, 2020

    Hospitality workforce to shape shift in post-COVID-19 industry, experts say

    Joel Carver is founder and CEO of the Carver Cos., which recruits and trains industry employees from executives to rank-and-file to temporary workers. Carver’s worked through various economic crises but he’s never seen the likes of the COVID-19 pandemic and how it’s decimated the nation’s hospitality sector. He is among several industry recruiters who anticipate a post-crisis recovery albeit one that unfolds in an altered reality. This report is part of Long Live Lodging’s ongoing special report on the coronavirus and its impact on the hotel industry.

  • 266 | Return Policies: Hotel industry works out rehiring plans
    CORONAVIRUS
    April 22, 2020

    266 | Return Policies: Hotel industry works out rehiring plans

    As the recognized COVID-19 infection rate began to gain strength in the U.S. in mid-March, lodging industry analysts said they expected at least half of the nation’s 4 million hotel employees would be laid off. It’s a startling number when you consider that six weeks ago, most hospitality jobs were firmly intact. In fact, in read more

  • Hotel Owners Dissatisfied With Franchisers’ Crisis Response
    CORONAVIRUS
    April 15, 2020

    Hotel Owners Dissatisfied With Franchisers’ Crisis Response

    The COVID-19 crisis has practically paralyzed the engines that drive the U.S. economy, including the lodging industry. One of the cogs that turn the wheel is the hotel franchising system. While many hotel franchisees have long been dissatisfied with the power franchisers exert over their businesses, the coronavirus crisis has exposed even greater levels of read more

  • 265 | Franchising In Deconstruction: COVID-19 crisis amplifies problems in brand licensing
    CORONAVIRUS
    April 15, 2020

    265 | Franchising In Deconstruction: COVID-19 crisis amplifies problems in brand licensing

    Earlier this year, a large group of hotel owners began to organize and create a comprehensive push back at the hotel franchising model. Fair Franchising Initiative held its launch conference on March 5, a little more than a week before President Trump declared a national emergency as the new coronavirus pandemic spread to the U.S. read more

  • Hoteliers Among Mass Of Businesses Seeking Aid
    CORONAVIRUS
    April 10, 2020

    Hoteliers Among Mass Of Businesses Seeking Aid

    It was a week of high anxiety for U.S. hotel owners seeking financial relief from the federal government and the CMBS bond market. Hotel owners rushed applications to SBA-approved lenders to qualify for the agency’s Paycheck Protection Program. Some primary lenders such as JP Morgan cut off applications, saying they had met their quota as read more

  • 264 | Seeking Signs of Relief: Hoteliers wade through financial aid programs and proposals
    CORONAVIRUS
    April 10, 2020

    264 | Seeking Signs of Relief: Hoteliers wade through financial aid programs and proposals

    As the recognized COVID-19 outbreak in the U.S. and the nation’s subsequent shutdown approaches its fifth week, hotels and other small businesses are seeing some relief ahead. Federal financial aid is coming in the form of loans and grants from the Small Business Administration. In the past week, hundreds of thousands hotel owners have filed read more

  • Cybercrime During COVID-19 a Serious Threat to Business
    CORONAVIRUS
    April 8, 2020

    Cybercrime During COVID-19 a Serious Threat to Business

    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. read more

  • 263 | Risk Adjustment: Hotel tech platforms face their own COVID-19 crisis
    CORONAVIRUS
    April 8, 2020

    263 | Risk Adjustment: Hotel tech platforms face their own COVID-19 crisis

    Last week, Zoom, a video-conferencing program, was prime bait for hackers who infiltrated conversations taking place among people working from home during the coronavirus pandemic. As if Zoom bombers weren’t bad enough, a day or two later, the internet-based program crashed because it could not handle the surge of users from businesses, schools and friends read more

  • Global supply chain gangs work to keep hotel goods moving
    CORONAVIRUS
    April 3, 2020

    Global supply chain gangs work to keep hotel goods moving

    In a recent report, Deloitte asks if the new-coronavirus pandemic is the black swan event that will force companies to reexamine the global supply chain. The U.S. hotel industry’s procurement specialists are dealing with a mixed bag. Some are scrambling to get supplies to properties that remain open while others see hotel development and renovation read more

  • 262 | Strongest Link: Hotel procurement specialists keep supply chain connected
    CORONAVIRUS
    April 3, 2020

    262 | Strongest Link: Hotel procurement specialists keep supply chain connected

    The coronavirus pandemic has disrupted the global supply chain. With most whole goods and components coming from China, the U.S. hospitality industry began to scramble in January to keep the supplies coming. Manufacturing has resumed in China as the crisis has reportedly eased there, but the outbreak has yet to reach its peak in the read more

  • Hotel Sales Brokers See Caution Signs
    CORONAVIRUS
    April 1, 2020

    Hotel Sales Brokers See Caution Signs

    The coronavirus crisis has paralyzed much of the U.S. hospitality industry. One area that also is reflecting the shock is the hotel transaction market. While deals that were financed will probably close as planned, other agreements are put on hold as lenders stop underwriting and both buyers and sellers have a heightened level of caution read more

  • 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

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