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AmEx profits plunge as travel spending comes to a standstill

By: Ken Sweet
Source: The Associated Press
Date of Publication: October 23rd, 2020
American Express’ fourth-quarter profits dropped by 39%, the credit card giant said Friday, as the pandemic’s deep impacts on travel, entertainment and dining dramatically impacted the company’s results.
New York's Roosevelt Hotel to close after nearly 100 years due to the coronavirus pandemic

New York's Roosevelt Hotel to close after nearly 100 years due to the coronavirus pandemic

By: Simret Akiliu
Source: CNN
Date of Publication: October 11th, 2020
But now, The Roosevelt Hotel will no longer bear witness to motion pictures or moments in history.
The hotel will permanently close its doors this year, a spokesperson told CNN in a statement.
The Roosevelt Hotel, owned by Pakistan International Airlines, cited the coronavirus pandemic and the ensuing drop in business as the principal reasons it will cease operations.
Small the new big for hotels post-pandemic, says Oyo CEO

Small the new big for hotels post-pandemic, says Oyo CEO

By: Axel Threlfall, Joshua Franklin
Source: Reuters
Date of Publication: September 1st, 2020
The COVID-19 pandemic will mean holiday-goers will shy away from larger hotels for the foreseeable future in favor of boutiques and home rentals, the CEO of India-based hospitality startup Oyo Hotels and Homes told Reuters.
MGM Resorts Revenue Falls 91%

MGM Resorts Revenue Falls 91%

By: Katherine Sayre
Source: The Wall Street Journal
Date of Publication: July 30th, 2020
MGM Resorts International posted a 91% decline in quarterly revenue, the latest casino operator to reveal the continuing financial blow of pandemic shutdowns and curtailed global travel on the gambling industry.
Not Every Hotel Brand Will Survive Covid-19, Execs Say_Adweek

Not Every Brand Will Survive Covid-19, According to Hotel Executives

By: Ryan Barwick
Source: Adweek
Date of Publication: June 3rd, 2020
CEOs of Marriott, Hilton, IHG and Hyatt spoke to hospitality students about the state of the industry.
A Message from Arne Sorenson

A Message from Arne Sorenson

By: Marriott International
Source: Facebook
Date of Publication: March 19th, 2020
A message to Marriott International associates from President and CEO Arne Sorenson.
Hilton Defining a New Standard of Hotel Cleanliness, Working with RB_Lysol and Mayo Clinic to Elevate Hygiene Practices From Check-In to Check-Out _ Business Wire.pdf

Hilton Defining a New Standard of Hotel Cleanliness, Working with RB/Lysol and Mayo Clinic to Elevate Hygiene Practices From Check-In to Check-Out

By: Hilton
Source: BusinessWire
Date of Publication: April 27th, 2020
Hilton is defining a new standard of hotel cleanliness, working with RB/Lysol and Mayo Clinic to elevate hygiene practices from check-in to check-out.
Hilton Corporate Response to COVID-19

Hilton Corporate Response to COVID-19

By: Hilton
Source: Hilton Press Center
Date of Publication: March 26th, 2020
Hilton outlines its corporate response and hotel policies for keeping visitors safe during the pandemic.