Hotel occupancy rates slide even more with travel shut down

The majority of hotels across metro Orlando are operating with mostly empty guest rooms, due to the coronavirus' impact on travel. Only 14% of hotel rooms — barely more than one out of every 10 — were occupied in the week of March 22-28, an 8.....»»

South Congress Hotel remains open while many others have closed because of plummeting occupancy. Guests include journalists and health care workers, and.....»»

Milwaukee's hotel occupancy continues to sit under 25% for another consecutive week as the Covid-19 pandemic continues to close hotel operations and suspend normal travel......»»

More than 75% of hotel rooms in the United States were empty last week, according to the latest data from research and analytics company STR. As demand for travel continues to fall globally and more states implement lockdowns, hotels throughout the .....»»

The newest STR report for hotels in Jacksonville shows a continued decline in hotel room occupancy as COVID-19 continues to wreak havoc on travel and tourism......»»

Job losses have skyrocketed as restaurants, hotel, gyms, and travel have shut down across the nation, but layoffs are also rising in manufacturing, warehousing and transportation......»»

Job losses have skyrocketed as restaurants, hotel, gyms, and travel have shut down across the nation, but layoffs are also rising in manufacturing, warehousing and transportation......»»

As the coronavirus<…; clears New York of most visitors, the city's best-known hotels are , including at and The Carlyle.  Hotel occupancy rates fell to a . Many in the industry say hotels will... To view the full story, click the title link......»»

Dayton's hotel occupancy rates have been named the fastest in the nation, according to a new report......»»

Hotel operator Hilton Worldwide Holdings Inc reported an about 20% rise in quarterly profit on Wednesday, driven by an increase in room rates and occupancy......»»

The online travel agency will begin charging a commission on the resort fees that hotels charge guests......»»

The positive outlook for occupancy rates could be short-lived, however......»»

A slowdown in addition of new supplies along with a growing travel sector has combined to push up the occupancy in hotels.....»»

A strong global economy and rising oil prices are expected to push up the cost of air travel in 2019, with fares seen rising 2.6 percent and hotel rates up 3.7 percent, although there are downside risks from a trade war, according to an industry forecast......»»

The Phoenix-area property reports occupancy rates in the 80 percent range......»»

Hawaii hotel occupancy declined 2.8 percentage points to 78.3 percent in August, one of the peak travel months, according to the Hawaii Tourism Authority. This decline, which occurred on all four major Islands, was offset by gains in revenue per .....»»

Hotel operator Hilton Worldwide Holdings Inc reported a better-than-expected quarterly profit on Wednesday, as healthy travel demand helped it boost room prices......»»

The 13-key boutique hotel initially got its start as a home and lifestyle shop. It relocated to its current location and expanded into a hotel, shop and cafe just eight months ago......»»

The S&P 500 hit its worst losing streak since last October as investors recalibrate amid forecasts for interest rates to remain high. Traders work on the floor.....»»

Gary Black expects Tesla's first-quarter results to surpass the consensus adjusted earnings per share estimate of 55 cents per share. read more.....»»