5 things to know: 18 September 2020
5 things to know: 18 September 2020
18 SEPTEMBER 2020 9:19 AM

From the desks of the Hotel News Now editorial staff:

  • US lawmakers hope to avert shutdown
  • EU travel industry pushing back on restrictions
  • A look at data in the boutique hotel segment
  • UK could face new COVID shutdowns
  • Hotels continue month-to-month growth in August

U.S. lawmakers hope to avert shutdown: While Democrats and Republicans in the U.S. Congress remain at odds on a new stimulus package, they are much closer to a deal to avert a governmental shutdown in October, The Wall Street Journal reports.

The two sides reportedly have a deal in place to extend funding into mid-December.

“I don’t think anybody wants to be responsible for shutting down the government on the eve of an election in the middle of a pandemic, so it’s a rare outbreak of common sense on both sides,” Rep. Tom Cole (R-Okla.), a senior member of the House Appropriations Committee, told the newspaper.

EU travel industry pushing back on restrictions: Travel and tourism leaders across the European Union are asking the EU to “press governments to end quarantine requirements and instead embrace coordinated restrictions and testing,” Reuters reports.

“This chaotic situation requires your immediate personal involvement,” a broad ad-hoc group of more than 20 industry groups, including airline body IATA, told European Commission President Ursula von der Leyen in a letter obtained by the news agency.

A look at data in the boutique hotel segment: As boutique hotels look to recover from the impact of the pandemic crisis on travel demand, performance in the sector relies heavily on where hotels are located, HNN’s Danielle Hess reports from the 2020 Boutique Lifestyle Digital Summit.

Speaking during the “Hospitality markets operating outlook” session, Vail Ross, SVP of global business development and marketing at STR, HNN’s parent company, said resort boutiques have fared better than their suburban counterparts.

Resort boutiques reported a 27.8% decrease in revenue per available room year to date in July 2020, while properties in urban and suburban locations reported a 58.4% drop and a 54.1% drop, respectively.

U.K. could face new COVID shutdowns: With increases in COVID-19 cases across the U.K., the country’s Health Secretary Matt Hancock is not ruling out another national lockdown, although he noted he hopes to avoid one, and London Mayor Sadiq Khan is expecting new restrictions in the capital, Bloomberg reports.

“I have learned over the last nine months not ever to rule anything out,” Hancock told BBC radio on Friday. “We want to avoid national lockdown altogether, that is the last line of defense.”

Hotels continue month-to-month growth in August: U.S. hotels continue to climb back from the depths of the coronavirus-induced travel slowdown, with slight improvement in key performance metrics reported in August compared to July, according to the latest data from STR.

Occupancy was down 31.7% year over year to 48.6%, while average daily rate was down 22.8% to $102.46, and RevPAR was down 47.3% to $49.83. Despite the month-to-month improvement, that still represents the worst occupancy level on record for an August.

Compiled by Sean McCracken.

No Comments

Comments that include blatant advertisements or links to products or company websites will be removed to avoid instances of spam. Also, comments that include profanity, lewdness, personal attacks, solicitations or advertising, or other similarly inappropriate or offensive comments or material will be removed from the site. You are fully responsible for the content you post. The opinions expressed in comments do not necessarily reflect the opinions of Hotel News Now or its parent company, STR and its affiliated companies. Please report any violations to our editorial staff.