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News and Events

Be in the know. We’re committed to keeping you informed. Check our site to get the latest industry and Association news, including press releases, articles and a calendar of upcoming events.

Industry News

Poolside at a luxury resort
News
The Pandemic Has Been Tough on Luxury Hotels. The Upside is Great.

Full-service hotels and luxury hotels were conspicuously hit hard in the early stages of the pandemic, but luxury hotels tend to hit a growth spurt more quickly and more pronounced than other asset types.

By David Eisen for HotStats 

Plane flying over some skyscrapers
News
Travel & Tourism could grow to $8.6 trillion in 2022, says WTTC

Major new research from the World Travel & Tourism Council (WTTC) has revealed the global Travel & Tourism sector’s contribution to the global economy could reach $8.6 trillion this year, just 6.4% behind pre-pandemic levels.

Article by WTTC 

Nighttime picture of avid Hotels Ft. Lauterdale
News
avid hotels Celebrates 50th Open Property

avid hotels announced its 50th property with avid hotel Ft. Lauderdale Airport – Cruise, located in one of Florida’s in-demand travel destinations, carrying the momentum of the fast-growing brand into 2022. 

Article by IHG

Press Release
IHG Owners Association Announces 2022 Global Board of Directors, Led by Chair Norman Leslie

The IHG Owners Association has announced that Norman (Norm) Leslie has assumed Chairmanship of its Global Board of Directors for 2022, succeeding 2020-2021 Chair Wayne West III.

AHLA Foundation logo
News
Hotel Industry Foundation Leads Effort to Address Labor Shortage with National Ad Campaign

As the nationwide labor shortage continues to make headlines, the AHLA Foundation (AHLAF) is launching a new, nationwide ad campaign to help fill the tens of thousands of open jobs across the country.

Article by AHLA

Woman looks at map on street
News
WTTC Predicts a Strong Recovery of the European Travel & Tourism Sector in 2022

The World Travel & Tourism Council (WTTC) has revealed bookings for intra-European travel over the Easter period have increased by more than 250 percent, while summer bookings are currently 80 percent above 2021 levels.

Article by Guest Contributor for WTTC

Guests arrive at hotel in snow
News
Omicron Emergence a Yardstick for the Hotel Industry

Just as the world was rounding the corner on the Delta variant, along came Omicron—a rowdy interloper arriving to a party all hoped was winding down. And though the intrusion was noisy at first, Omicron could potentially be more insipid than insidious.

Article by David Eisen for HotStats

CoStar logo over cityscape
News
A Review of Hotel Company Key Performance Metrics in 2021

The recovery of the hotel industry from the ongoing global pandemic can be measured by improvements to key performance metrics, which dropped precipitously as lockdowns and travel restrictions were imposed in March 2020, and have improved through starts and stops since.

Article by Rachel Daub & Robert McCune for CoStar

Travel safe
News
U.S. Travel Association Biannual Forecast Shows Uneven Travel Recovery

Days after the U.S. reopened its land and air borders to vaccinated international visitors, U.S. Travel Association released its biannual forecast, which shows an uneven recovery for the international inbound and business travel segments, while domestic leisure travel has returned to near pre-pandemic levels.

Article by Guest Contributor for LODGING Magazine

Industry Events