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Hotel occupancy rates slide even more with travel shut down

The story keeps getting worse for U.S. hotels, as travel bans and social distancing efforts decimate demand for rooms. Occupancy rates fell to 23% during the week that ended March 28, according to a... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 2nd, 2020

Tesla Bull Predicts Q1 Beat On Back Of This Factor But Hopes Elon Musk "For Credibility" Doesn"t Blame High Interest Rates For Delivery Slide

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

Category: blogSource: benzingaApr 12th, 2024

: Travelers are booking trips online again, but they mostly want the same thing: Not a hotel

As more people get vaccinated against COVID-19 and stay-at-home restrictions are lifted, there is little downside for online-travel companies --- especially if they have a certain kind of inventory......»»

Category: topSource: marketwatchMay 20th, 2021

Bond Report: 10-, 30-year Treasury yields inch up Tuesday as U.S. stocks slide

Long-dated U.S. Treasury rates edge higher Tuesday, with appetite for bonds cooling even amid a round of weaker-than-expected housing data, which undercut the positive tone in equities......»»

Category: topSource: marketwatchMay 18th, 2021

Struggling D.C. hotel owners push for hundreds of millions in Covid relief ahead of Bowser budget

The District's hospitality industry, heavily dependent on business and international travel, has been slower to recover from Covid-19 fallout than in other, competing cities......»»

Category: topSource: bizjournalsMay 18th, 2021

The best travel pillows of 2021 for a good night"s sleep in the air or on the road

It's hard to get shut-eye during a long flight, but a good travel pillow can help make it a bit easier. These are the best travel pillows you can buy. Table of Contents: Masthead Sticky Falling asleep while traveling can be very difficul.....»»

Category: personnelSource: nytMay 7th, 2021

Hilton shares slide 2.2% premarket as earnings fall short of estimates amid COVID shutdowns

Hilton Worldwide Holdings Inc. shares slid 2.2% in premarket trade Wednesday, after the hotel chain's earnings fell short of estimates, as the coronavirus pandemic continued to weigh on demand in Januar.....»»

Category: topSource: marketwatchMay 5th, 2021

Hotel Kansas City makes Travel + Leisure"s list of best new hotels

A high-end, Downtown hotel made the magazine's 16th annual list. It was one of 73 properties across the globe recognized......»»

Category: topSource: bizjournalsApr 20th, 2021

Leisure travel"s return starts hotels on long path to recovery

"Revenge travel" is slowly filling hotel rooms, but the industry has a long road to recovery......»»

Category: topSource: bizjournalsApr 15th, 2021

NerdWallet: Travel in 2021: Can we expect good deals, or will hotel and flight prices skyrocket?

Here's a look at the potential supply and demand of the hotel and airline industry to anticipate what sort of deals (or not) we might see......»»

Category: topSource: marketwatchApr 12th, 2021

Marriott is testing contactless check-in via kiosk as travel begins to return - see how to works

The hotel giant is now testing digital kiosks and a "grab-and-go marketplace" full of snacks, drinks, and complimentary breakfasts. Moxy Times Square Marriott is testing contactless ch.....»»

Category: topSource: businessinsiderApr 11th, 2021

S&P Futures, European Stocks Hit New All-Time Highs As Rates Slide

S&P Futures, European Stocks Hit New All-Time Highs As Rates Slide European stocks hi.....»»

Category: blogSource: zerohedgeApr 8th, 2021

Travel company Sabre says air bookings and hotel reservations rose sequentially in March as COVID vaccines sped up

Travel company Sabre Corp. said Mon.....»»

Category: topSource: marketwatchApr 5th, 2021

Travel company Sabre says air bookings and hotel reservations rose in March from Jan and Feb

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchApr 5th, 2021

Bond Report: Treasury yields set for 4th straight slide as German bund yields skids to 5-week low

Treasury prices rose and yields extended a slide on Wednesday as worries about a resurgence of COVID in Europe fueled buying of sovereign debt, pushing prices up and rates lower......»»

Category: topSource: marketwatchMar 24th, 2021

Snap and Pinterest slide as Bank of America downgrades the social media companies on "positioning around reopening"

Snap and Pinterest fell after Bank of America downgraded the social media companies to neutral, citing valuation concerns as interest rates rise. Snapchat Snap and Pinterest lost ground Monday after Bank of America downgraded their rati.....»»

Category: topSource: businessinsiderMar 22nd, 2021

8 signs that travel is on the verge of a booming comeback

Vaccines, a new stimulus, and the prospect of summer have Americans itching to travel again as airline, hotel, and restaurant spending climbs. .....»»

Category: topSource: businessinsiderMar 22nd, 2021

UH Manoa School of Travel Industry Management receives $50K scholarship endowment

The School of Travel Industry Management at University of Hawaii at Manoa has received a $50,000 scholarship endowment from the family of late hotel executive Barry Wallace. Wallace was the former executive vice president at what was then Ou.....»»

Category: topSource: bizjournalsMar 19th, 2021

Blackstone, Starwood Capital team up in $6B purchase of hotel-operator Extended Stay

The lodging sector has been one of the hardest hit during the pandemic, which caused most tourism, conventions, and business travel to dry up......»»

Category: topSource: foxnewsMar 15th, 2021

Travel search platform Kayak has partnered to create its first hotel - see inside the tech-powered Miami hotel

Kayak partnered with "Silicon Valley-backed" Life House to create the tech-forward hotel, which will officially open in April. The Kayak Miami Beach hotel. Kayak Kayak partnered with Life House to unveil th.....»»

Category: topSource: businessinsiderMar 14th, 2021

COVID vaccines boost interest in travel. Look out for higher airfares and hotel prices

Dr. Anthony Fauci has war.....»»

Category: topSource: latimesMar 6th, 2021