Hotel Occupancy Continues to Decrease as Winter Nears

U.S. weekly hotel occupancy slipped further from previous weeks, according to the latest data from STR through 14 November. 8-14 November 2020 (percentage change from comparable week in 2019): Occupancy: 43.2% (-32.7%) Average daily rate (ADR): US$90.58 (-28.6%) Revenue per available room (RevPAR): US$39.11 (-52.0%) After ranging between 48% and 50% occupancy from mid-July into […]

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News of Effective Vaccines Renews Optimism for a Return of Travel and In-person Events in 2021

Half (50%) of GBTA travel buyer and procurement professionals feel their employees are ‘willing’ or ‘very willing’ to travel for business in the current environment. Only one in five (22%) GBTA members feel their employees are not willing, demonstrating a strong readiness to resume business travel. Recent announcements of potential, effective vaccines with 90%+ efficacy […]

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Full Hotel Recovery is Still Unlikely Until 2024

With leisure demand stronger than anticipated in the fall, STR and Tourism Economics slightly upgraded the final 2020 U.S. hotel forecast just released during the virtual NYU Hospitality Conference. Regardless of the short-term upgrade, the forecast for 2021 remains functionally unchanged and full recovery in revenue per available room (RevPAR) is unlikely until 2024. “Even […]

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The Cheshire St. Louis is Offering Workspaces in its Hotel

Need a change of scenery? Do you require a quiet workplace while you’re working from home? The Cheshire offers workspaces and they’re available in timeslots! Take advantage of the conveniences we offer including complimentary high-speed internet, and tea and coffee featuring a Starbucks on the property! For more information, please contact Stephanie Pugh at [email protected] […]

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Safely Bringing Meetings Back to Missouri

By Sara Romo, CMP When the entire nation shutdown in mid-March, the hospitality industry took one of the hardest hits due to the halt of travel, meetings, and events. However, as more information on COVID-19 became public, government health organizations established policies which reduced the number of cases, and hence, allowed people to slowly begin […]

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COVID and Clinical Trials: A Look at Research and Conferences in the Time of COVID-19

By Kaitlyn Wallace Clinical trials are an often-overlooked segment of the medical meetings and events industry. They operate behind the scenes, slowly contributing knowledge and testing drugs or devices over years or even decades, leaving some to dismiss the incredible impact they have on the industry. However, in recent months, clinical trials have gained international […]

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