In 2019, the employment of travel agents rose by 2.3%. Even during the pandemic, travel agents continue to be in high demand. The year 2021 will
The travel industry went into a tailspin due to the COVID-19 pandemic. As hotel owners welcome the new year, however, they may entertain some cautious
The decline of hotel occupancy in 2020 is not news. Even though occupancy rates have increased since the Coronavirus outbreak, recovery is still uncertain. Hotel
Every financial cycle or economic downturn brings forward its fair share of distressed assets. In these situations, banks and lenders will often start shopping out
With hotels being decimated by COVID-19, hoteliers are looking for any strategies to help them increase revenue. One of the areas that many hotels are
The hotel industry needs additional help to stay afloat, and that help has been slow in coming. With the 2020 presidential election less than a
Given the state of hospitality today, hoteliers need to think very creatively to capture new business. Four out of ten hospitality workers are still not
It’s no secret that COVID-19 has had a tremendous effect on the business travel industry. Since March 2020, experts estimate this $1.5 trillion industry has
Back when the first CMBS loan relief was offered, no one could have predicted how little it would help. Its 90-day deferral of payments got
At the beginning of August, consumer confidence fell to its lowest level in six years amidst summer coronavirus surges. The Conference Board Consumer Confidence Index
The world has changed, and if hotels want to bounce back from the pandemic, they will have to change with it. The old status quo
The more companies use and leverage technology, the higher the security risk to the company and its customer base. This past June, Twitter learned this