delta variant
CBRE Updates U.S. Lodging Forecast to Further Account for Delta Variant’s Impacts
CBRE Group, Inc. | October 12, 2021
Dallas, TX – October 12, 2021 – The COVID-19 Delta variant’s emergence and spread has hampered plans for group and business travel this fall and winter, spurring CBRE Hotels Research to temper its expectations in September 2021 for Q4 2021 U.S. lodging performance on a national basis. CBRE’s tempered outlook extends into 2022, given the likelihood that corporate travel budgets will remain constrained next year. Earlier this year, the lodging outlook had been brighter due to strong leisure demand boosting summer occupancy levels beyond expectations at U.S. hotels. But the emergence of the Delta variant sapped momentum from more lucrat...
Tourism After Lockdown: Hotel Guests Expect Normal in the New Normal
STR | September 10, 2021
The Delta variant continues to disrupt the reopening of economies in many parts of the world and, indeed, some countries are grappling with previously unseen levels of infections. Consequently, a challenge with tourism right now is responding to the evolving needs of consumers. Vaccination progress has enabled international travel to restart in some countries, and after months of restrictions, many consumers have dusted off their passports to enjoy an eagerly awaited break. However, a key question remains: what are the needs and expectations of travelers as we adapt to coexisting with the virus? July 2021 research among a sample of global...
Hotel Profit Climbs Higher, but Could Delta Derail It?
HotStats | August 31, 2021
Global hotel performance is improving month by month. That’s the good news. The more pressing concern is if it will remain that way. The hotel industry remains fragile, dodging each and every new impediment thrown its way. The newest snag has been the Delta variant, which has caused COVID cases to spike in many areas and thrown a wrench into the gradual rebound. Just this week, the European Union recommended that Americans be banned from nonessential travel to its member states after a rise in case counts in the U.S. This as the U.S. remains off limits to most European travelers. Still, the hotel industry presses forward. U.S. ...
A Small Hotel on the Frontlines With the Delta Variant
Larry and Adam Mogelonsky | August 11, 2021
By Larry and Adam Mogelonsky The delta variant is slowly but inevitably absorbing the news cycle heading into Autumn 2021 as cases swell across the world and governments take pre-emptive measures to stop a fourth wave of COVID-19 from triggering another round of economically harmful lockdowns. Even though all of us yearn for this pandemic to be over, sadly we’re still very much in uncharted water. Given this uncertainty, all hoteliers can really do is react and pivot as quickly as possible. Here is one such case study we’ve been authorized to report upon so that you can see how a small hotel handles the situation on the ground and i...
