Investopedia: U.S. Hotels in Survival Mode as Capacity Disappears
Sixty-seven percent of U.S. hotel owners report they will only be able to last six more months at current projected revenue and occupancy levels without any more government relief. This statistic comes from a new survey by the American Hotel & Lodging Association (AHLA) conducted September 14-16 with more than 1,000 respondents.
Pix11 NY: NYC hotel industry one of many reeling from pandemic, asking for help
This time last year New York City had the foot traffic — and restaurant and hotel traffic — from the United Nations General Assembly.
The New York Times: Pandemic Puts N.Y.C. Hotels on the Brink: ‘A Complete Washout’
Many of New York City’s biggest hotels closed their doors in March when the coronavirus wiped out tourism and business travel. The shutdowns were supposed to be temporary, but six months later, with no potential influx of visitors in sight, a wave of permanent closures has begun.
Hotel Best Practices: NYC Sees Shutdown of Hotels During Pandemic. More to Come
One of the world’s biggest cities is seeing an devastating impact on the hospitality side. As reported by The New York Times, a wave of permanent closures has started for many of the biggest hotels in New York City, including the 478-room Hilton Times Square and two Courtyard by Marriott hotels in Manhattan.
Bloomberg: Virtual UN Is Latest Blow to New York City’s Battered Economy
Bloomberg: Virtual UN Is Latest Blow to New York City’s
Minority Scholarship Press Release Report
HANYC Foundation, the charitable arm of the Hotel Association of New