STR: Preliminary London Hotel Data For April

LONDON — STR’s preliminary April 2021 data for London hotels shows slightly better performance compared with recent months, albeit at overall low levels. Occupancy: 28.6% Average daily rate (ADR): GBP67.13 Revenue per available room (RevPAR): GBP19….

Travel Demand is Back – Is Tourism Ready?

When travel will recover is no longer a question of consumer demand, but when restrictions will be lifted. In the US, vaccination is progressing at a swift pace, with most states fully reopened for business and hotel bookings exceeding 2019 values. …

Why Is Hotel Lending Stuck In Neutral?

Vaccine rollouts, an increase in local and regional non-air travel trends and higher transaction volumes are all positive news supporting an elevated degree of confidence for a market rebound. Multiple announcements made by large investment funds co…

Canopy By Hilton Opens First Hotel In France

Canopy by Hilton, Hilton’s (NYSE: HLT) lifestyle hotel brand, today welcomes guests with the opening of Canopy by Hilton Paris Trocadero, the first for the brand in France. Canopy is the latest of Hilton’s brands to celebrate its market entry in Fra…

Vaccine Passports: The Future Of Travel?

Vaccine “passports” show whether someone has been vaccinated or recently tested negative for COVID-19. A COVID “passport” would allow people to freely travel, attend concerts, or attend sporting events without getting tested. The term “Passport” may…