Industry News
Hospitality
Top stories summarized by our editors
1/15/2021

The CEO of the American Hotel and Lodging Association has offered the incoming Biden administration the enlistment of member properties in COVID-19 vaccine distribution. More than 20,000 hotels in AHLA's "Hospitality for Hope" program are well equipped to aid providers, Chip Rogers said in a letter to Biden COVID-19 response coordinator Jeffrey Zients.

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Fox News
1/15/2021

National Guard members are filling some of the gap left by canceled hotel reservations in Washington, D.C., ahead of next week's presidential inauguration. Bookings have plummeted with the virtual presentation of the event and requests to locals and prospective visitors to stay home.

1/15/2021

Davidson Hotels has created a resorts division, stocked with eight properties it owns and listing two on the drawing board. Davidson Hotels president Thom Geshay projects revenues of $450 million to $500 million for the 10 assets by 2022, with high-end additions to the portfolio on tap.

1/15/2021

The Best Western Hotel near London has repurposed itself as a recovery site for COVID-19 patients as the first step in a program that may eventually enlist many of England's hotels. Hoteliers are urging the National Health Service to send hundreds of patients their way as hospitals endure the greatest demand of the pandemic.

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CNN
1/15/2021

Smaller cities and more family time will gain favor over global tourism permanently in the wake of the pandemic, Airbnb CEO Brian Chesky predicts. "They're not yearning to see Times Square" after months of isolation from normal life, he observes.

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Fox Business
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Times Square
1/14/2021

Hoteliers in the Washington, D.C., area are being urged by political activists, neighborhood groups and labor organizations to close next week in light of health and safety concerns surrounding the presidential inauguration. Some petitioners are asking Mayor Muriel Bowser to use her emergency powers to close hotels or impose strict health and safety terms.

1/14/2021

When employees are feeling "stuck, struggling or successful," leaders should be able to reframe stories to provide hope, encouragement and motivation, writes Mark Sanborn. "Sometimes people need to be resold on themselves; to hear the encouragement from someone they know and trust that they can do it," he writes.

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Mark Sanborn
1/14/2021

A developer hopes the third time is a charm for a hotel scheduled to open on Michigan Avenue in Chicago by summer, a year after its predecessor closed because of the pandemic. The Pendry Chicago follows the Hard Rock Hotel and St. Jane Hotel in occupying the historic Carbide & Carbon Building.

1/14/2021

Bainbridge Investments intends to acquire as many as 200 distressed hotels over the coming 15 years via a new $500 million fund. "We have a base of international partners and investors who are looking for the pandemic and post-pandemic opportunities in hospitality," says Nick Chini, a managing partner.

1/14/2021

Plans to convert office buildings and hotels into affordable housing should be "an inclusive process" that works for all parties, writes Rafael Cestero of the Community Preservation Corporation. Any undertaking must be "a flexible program that can adapt to market conditions and answer questions that have not fully played out yet," Cestero adds.

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Rafael Cestero