Hotels getting creative to bring back business amid slow travel

Hotels are still struggling to fill rooms like they were before an avalanche of cancellations starting in March.

Now, travelers are slowly returning to train stations, airports, and hotels.

“This is something that none of us were expecting or were prepared for,” said Daniel del Olmo, the President and COO of Sage Hospitality Management, a Sage Hospitality Group company.

Sage Hospitality Group owns 52 hotels across the U.S.

“We went

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Va. hotels continue slow recovery

Lodging revenue still down 43% compared to last year

Virginia hotel revenues remained below pre-pandemic levels last week, according to data from STR Inc., a CoStar Group division that provides weekly market data on the U.S. hospitality industry.

For the week of Sept. 27 through Oct. 3, hotel revenues in Virginia decreased by 43% and rooms sold declined by 27%, compared to the

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As Luxury Watch Sales Slow, One Retailer Speeds Up

Plunging tourist demand for luxury watches hasn’t held back one specialist retailer—quite the opposite. Unfortunately, there is little chance that its larger peers can mimic the performance.

Shares in

Watches of Switzerland,

a multi-brand seller taken public by buyout firm Apollo in June 2019, rose 22% in morning trading Tuesday. The company increased its sales and profit guidance following remarkably strong sales to date during its second quarter, which

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IATA: August Air Travel Demand Shows Signs of Slow Recovery

Global air travel demand in August contracted by 75.3 percent year over year, a sign of a continuing modest recovery since reaching a low point in April, according to the International Air Transport Association. Compared with July, when there was a 79.5 percent year-over-year contraction, the pace of relative demand growth remains slow, IATA reported. 

Global August air capacity dropped by 63.8 percent year over year. Load factor dropped 27.2

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Hit hard by COVID-19, D.C. area airports experience slow recovery with air travel

All three major local airports have been hit hard by the pandemic, but Baltimore-Washington International is recovering much faster than Reagan National and Dulles.

The leader of the Metropolitan Washington Airports Authority (MWAA) told its board of directors Wednesday that things were not going as well as expected at Dulles and Reagan.

“We are not seeing the increases that we had hoped would be happening by now,” CEO Jack Potter

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