Analysts Downgrade Hotel Outlook

Full recovery in U.S. hotel demand and room revenue remains unlikely until 2023 and 2024, respectively, said STR, Hendersonville, Tenn., and Tourism Economics, Wayne, Pa.

MBA Advocacy Update Aug. 10, 2020

As congressional leaders and the administration remain deadlocked in negotiations on the next potential COVID-19 relief package, MBA’s advocacy on key federal regulatory and state-based actions has continued.

LIBOR: The Floodwaters are Rising

In late 2019, the international financial industry generally considered the United States to be leading the way on LIBOR transition efforts. Then COVID-19 turned the world upside down and many companies had to shift resources to respond.

Fiorilla: Tourism Metros Slow to Recover from COVID

Tourism and energy were among the sectors to bear the early brunt of COVID-19, as shelter-in-place orders that started in March closed many office buildings and entertainment venues around the country.