“Over the past three weeks, we’ve started to see major cities drop around 50% to 75% of demand compared to 2019.” Accor’s hotel portfolio in Australia and the Pacific, with 400 hotels, includes the upscale brands Pullman and Sofitel, the midscale Mercure and Novotel, and the economy range Ibis. Its leisure brands such as Movenpick, […]
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Good morning! Wendy Cox in Vancouver this morning. In two years, the British Columbia housing agency has spent almost half a billion dollars on emergency purchases of hotels to house the homeless. Spending money on an emergency is always heavy: the chances of making unwise choices and paying more than necessary are always high. So […]
According to research experts from Qurate Research, “Global Premium hostels, studios and private accommodation for students Market 2022 Insights, Size, Sharing, Growth, Opportunities, Emerging Trends, Forecast to 2028.” The study is an anthology of in-depth studies on many aspects of the global hostel, studio and premium private accommodation industry for students. It is an admirable […]
Several overseas parties are already eyeing the nine YHA hostels which are being sold after they closed late last year due to financial difficulties in the wake of Covid. The gradual reopening of New Zealand’s borders should spark interest. All hostels are located in prime locations, in Auckland, Rotorua, Wellington, Tekapo, Aoraki Mt Cook, Wanaka, […]
“Yes, walk-in customers have been coming in continuously since February 13,” said Sallie Perez, manager of the Marle Hotel in Cavite. “Business is picking up,” she added. As part of the motel industry, Marle Hotel specializes in “private” walk-in guests and discreet reservations, especially in February or “the month of lovers”. Anyway, in the Philippines, […]
PROVIDED The shuttered YHA hostel on the shores of Lake Takapō/Tekapo is now up for sale along with eight others in New Zealand. The sale of nine closed hostels in New Zealand is underway. Colliers International said on Wednesday that Youth Hostel Association (YHA) hostels – including two in south Canterbury – are being sold […]
Youth Hostels Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026 The Business Research Company Global Hostel Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026 LONDON, GREATER LONDON, UK, Feb. 3, 2022 /EINPresswire.com/ — The introduction of hybrid hostels is a key trend in the hostel market. To cater to […]
In the spring of 2020, as the coronavirus pandemic exploded, Missoula, Montana made the decision to purchase the Sleepy Inn, an 80-year-old downtown motel. His aim was twofold. In the short term, the city would use the property to provide private living space for people experiencing homelessness, reducing overcrowding at existing shelters. The motel would […]
JBend City Council approved the purchase of the Rainbow Motel at its regular meeting on Jan. 19, saying the property has potential as a temporary shelter for homeless people as well as for longer-term purposes. It’s the second motel the city is converting to a shelter after receiving $2.97 million in state grants to convert […]
Several Local Accommodation (AL) apartments went bankrupt or moved from short stays to medium and long-term contracts. “Today, on the Booking digital platform (for booking accommodation and hotels), 37 hostels were registered in greater Porto, in 2019 there were 62 hostels. The reduction was brutal,” says Diogo Nogueira, owner of Being Porto Hostel, located on […]
LAKE CHARLES — United Way of Southwest Louisiana reserved hotel rooms for hurricane victims and the homeless when the threat of below-average winter temperatures was announced. The non-profit organization’s 211 resource line has registered nearly 700 individual families in need of a warm place for the freezing weather that is coming, according to Friday’s news […]
(Metro Creative Services) United Way of Southwest Louisiana secured hotel rooms for hurricane victims and the homeless this week, saving nearly 700 individual families in need of a warm place for the frigid weather to come. “We are housing 634 people tonight at nine local hotels,” said Denise Durel, president and CEO of United Way […]
New York, 30 Dec. 2021 (GLOBE NEWSWIRE) — Reportlinker.com Announces Release of “Hostels Global Market Report 2022” – https://www.reportlinker.com/p06193683/?utm_source=GNW The global hostel market is expected to grow from $364.32 billion in 2021 to $451.99 billion in 2022 at a compound annual growth rate (CAGR) of 24.1%. The growth is primarily due to businesses resuming operations […]
For immediate release Chicago, IL – December 17, 2021 – Today Zacks Equity Research discusses hotels and motels including Hilton Worldwide Holdings Inc. HLT, Hilton Grand Vacations Inc. HGV and InterContinental Hotels Group PLC IHG. Link: https://www.zacks.com/commentary/1840022/3-hotels-motels-stocks-to-watch-in-a-challenging-industry Zacks hotels and motels are gradually coming out of the woods, due to the reopening of the economy […]
Zacks hotels and motels are gradually coming out of the woods, due to the reopening of the economy and the intensification of vaccinations. Although the occupancy rate is improving, it is still below the level before the pandemic. Meanwhile, the spread of the highly contagious Omicron variant has sounded alarm bells for the industry. However, […]
The $ 80 million development of the Anchorage Hotel has stalled for the past two years and is now under the planning authority of the state government. But that hasn’t stopped Anchorage owner / developer Victor Harbor Greg Phillips from making some big decisions. . South Australia-based hotel management specialist 1834 Hotels has confirmed they […]
Two motels in Costa Mesa could be turned into permanent housing for people in need, if funding comes from the state’s second cycle Project Homekey program. Costa Mesa is willing to shell out around $ 3.5 million for the two projects, which would convert the 43-unit Mesa Inn on Harbor Boulevard and the 94-unit Motel […]
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MYRTLE BEACH, SC (WMBF) – Hotels and motels are now helping to create more affordable housing options in the Grand Strand area. A boutique investment firm specializing in income-producing residential and commercial real estate is leading the project’s efforts. NDH Capital transforms several hotel and motel properties into apartment complexes. Company president Roy Assaf told […]
CHATHAM – When Vera Mazulis retired from her job in Hartford, Connecticut in 1975, she and her husband Joseph purchased the historic Bow Roof House at 59 Queen Anne Rd. As a “retreat.” Forty-six years later – longer than the lifespan of many people’s entire careers – Vera, 97 of whome birthday is November 21, […]
through: Wilson Ring, The Associated Press Posted: November 12, 2021 / 1:26 PM EST / Update: November 12, 2021 / 1:30 p.m. EST MONTPELIER, Vermont (AP) – Advocates for the Vermont homeless population won on Thursday after the state expanded the eligibility of people eligible for emergency accommodation in hotels and motels this winter. Family […]
Breadcrumb Links New Local News Emergency housing assistance will be replaced with a payment of $ 1,300 per month as displaced residents move to long-term housing. Author of the article: Glenda Luymes Eric Siwik was transported by ambulance from Lytton to Lillooet with first and second degree burns to his arms and face after escaping […]
It seemed like a quick and easy way to solve the Bay Area’s massive homeless problem – using pandemic funding to turn hotels into low-cost housing for people with nowhere to go. But it turns out it’s not that easy. Almost a year after cities and counties in the region spent Gov. Gavin Newsom’s Homekey […]
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AUGUSTA, Maine (WABI) – Some people caught in an affordable housing crisis in central Maine tell TV5 the problem could get worse soon. A number of hotels in the Waterville and Augusta areas are expected to implement changes on November 1 that some customers say will leave them on the streets. “There will be a […]
WHEAT RIDGE, Colorado – The town of Wheat Ridge may soon require hotels and motels to apply for a new license, citing public safety as the main driver of policy. City officials say nine hotels are responsible for more than 3,000 calls a year to the Wheat Ridge Police Department. To put that in perspective, […]
news, act-politics, homelessness, covid, covid-19, act of lockdown, canberra lockdown, homeless act, canberra homelessness People sleeping rough have been accommodated in hotels and motels during the COVID-19 outbreak in Canberra, with officials confirming more than 180 households have been placed in housing since the ACT lockdown began . As restrictions eased, people started to move […]
Through the initiative, called Homekey, the state distributes funds to local governments and nonprofit developers to buy aging motels and other commercial properties and turn them into housing units for the homeless. Since July 2020, the project has spurred the creation of about 6,000 affordable housing units statewide, according to Gov. Gavin Newsom’s office. In […]
The private security guard, armed with an assault rifle, quickly moved through the drab hallways of the long-stay residential hotel outside of Atlanta on a chilly fall day. He knocked on door after door, pointing the gun at longtime residents and forcing them to leave. The staggering evictions terrified those living at Efficiency Lodge in […]
Some hoteliers see benefits as “quick fixes” to employment problems Tori Ossola, left, general manager of the Strater hotel, works with employee Drew Findley on Thursday at the front desk of the downtown Durango hotel. (Jerry McBride / Durango Herald) Jerry mcbride Many industries have been hit hard by the COVID-19 pandemic, but this shock […]
With travel still stuck in the Delta doldrums, many hotels have struggled. Some policymakers see a chance to profit from the struggles of the sector by converting hotels into permanent housing for the homeless. California led the way with Project Home Key, an extension of an early pandemic experiment that has now led to more […]
The climate crisis and pandemic are prompting local governments to take action and finally start tackling chronic homelessness. Sep 21, 2021 The climate crisis is already worsening the housing crisis. Last year, wildfires burned and damaged approximately 17,700 structures in the United States. It was one of the most destructive seasons on record and, frighteningly, […]
(Sep 10, 2021) A subsidiary of Cascade Investment, a company controlled by Bill Gates, has entered into a definitive agreement to acquire a controlling stake in Four Seasons Hotels and Resorts. In the cash deal, Cascade will increase its existing stake from 47.5% to 71.25% by purchasing half of the existing 47.5% stake held by […]
SAN JOSE – Taking an unusual hands-on approach to the homeless crisis in its backyard, Apple pulled dozens of people out of a homeless camp on its property this week – putting many of them in motels and providing advice and other services on its own account. . At the behest of the tech giant, […]
A severe shortage of hotel and motel rooms in Hamilton due to MIQ and the demand for emergency housing is fueling a growing market for Airbnbs in the downtown area. And there are fears that the city’s continuing housing shortage is having a serious impact on Hamilton’s top attractions, including the soon-to-be-built Waikato Regional Theater. […]
Choice Hotels International, Inc. (CHH Quick quoteCHH – Free Report) released second quarter 2021 results, with earnings exceeding Zacks’ consensus estimate and revenue missing. However, the top and bottom results increased year over year. As a result of the results, the company’s shares rose 3.7% during trading hours on August 5. Second Quarter Profits and […]
The climate crisis is already worsen the housing crisis. Last year, wildfires burned and damaged approximately 17,700 structures in the United States. It was one of the most destructive seasons on record, and frightening, part of an upward trend. Forest fires are already contribute to the housing shortage in California and Oregon. Texas, Washington and […]
LOS ANGELES (AP) – When homeless social workers first visited her encampment under a Los Angeles highway overpass last fall, Veronica Perez was skeptical of their offer of not only a bed, but of an apartment furnished with meals, advice and the promise of some stability in his life. “They said they had accommodation for […]
Lew sichelman Developers interested in turning old spaces into apartments and other uses must be licking their chops at the news that Sears intends to sell 40 to 50 of its closed stores. But they shouldn’t overlook the hundreds of small hotels and motels that were forced to close during the pandemic and will never […]
With offices in San Francisco booming and plenty of overtime opportunities, Sanchez said at his peak he could hit a high of $ 22 an hour, or just over $ 60 adjusted in function of inflation. He didn’t worry about the rent either. He stayed in his family’s social housing until his mid-twenties and had […]
The state ombudsman for foster families, Patrick Dowd, has been cautiously optimistic about the evolution of the law, saying he is “happy” that many provisions come into force immediately. But he warned it would be a “facade” if children are not placed in appropriate settings with the services they need. For years, hundreds of young […]
LOS ANGELES (KABC) – Many veterans find the hardships of post-military life leading them to homelessness. Data from the most recent homeless tally in 2020 shows that approximately 3,900 of the more than 66,000 homeless in Los Angeles County are U.S. veterans. There is an effort to help these vets – by converting unused hotels. […]
Leegraciea Lewis has been living in a hotel since November after losing her apartment. She struggles to find an affordable and accessible apartment in Charlotte that is close to her doctors. Jeff Siner [email protected] Jonteiz Barrier, a resident of Charlotte, sighs deeply as he counts the number of hotels he has lived in. “I would […]
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Housing Minister Megan Woods. Photo / NZME Twelve motels in Rotorua have been contracted by the government and are ready to accommodate 200 families in need of emergency accommodation. Housing Minister Megan Woods said the motels were selected because they allowed the ministry to better meet the “long-term needs of the whānau.” As of today, […]
Everyone on the street knows “Sir Charles”, the skinny guy with the saxophone, the sunglasses, the felt hat and the megawatt smile. At a concert this week at the iconic Elbo Room beach bar, he danced with a soda in hand as bouncers teased him, ladies cheered, and patrons slipped a few dollars into his […]
All over Los Angeles there are many aging and underused motels and hotels, some dating back to the glory days of Route 66. A new state program called Project Homekey is looking to buy these properties and convert them quickly into housing. long term for the homeless population of LA. . The thinking is this: […]
MEDFORD, Ore. – A Beaverton-based real estate company is finalizing the purchase of a fourth hotel in Medford, promising to convert the buildings into long-term housing. Some of these sites are currently occupied by people displaced by the September forest fires. Fortify Holdings purchased Inn at the Commons from the Neuman Hotel Group earlier this […]
A move to make it easier to convert hotels and motels into emergency shelters and long-term affordable housing for people who have lost their homes to wildfires or who are not otherwise housed has passed through the Senate Monday. Senator Jeff Golden, D-Ashland, urged his colleagues to vote for the bill, noting that Oregon continues […]
Oregon state lawmakers on Wednesday approved a measure that epitomizes the times we live in: the bill would make it easier to convert hotels and motels – hit by the coronavirus pandemic – into affordable housing long term for people who have lost their homes in forest fires or who are otherwise not housed. The […]
House vote sends bill to Senate to avoid possible legal challenges Converting hotels and motels into emergency shelters and low-cost housing would be relaxed under a bill that is halfway through the Oregon legislature. The House voted 41-12 on Wednesday, March 31 to send the bill to the Senate. House Bill 3261 would exclude converting […]
The Eric Hotel, Voies Vertes. Photography: Google. The town hall is defending itself against major renovations to five buildings for single homeless people, which the London Tenants Federation says is a “reward for failure” for the private company that owns them. The ongoing renovation program for the youth hostels in Finsbury Park, Seven Sisters Road, […]
The Travel Inn in Rutland is one of 75 motels in Vermont where state agencies house approximately 2,700 people who would otherwise be homeless. Photo by Mike Dougherty / VTDigger Lawmakers have given a new task force five weeks to find a solution for the transition of 2,700 Vermont homeless people from motel rooms to […]
A sign indicates the offices of the city of Manchester. Courtesy photo Manchester city officials have called on the state to no longer place people enrolled in the state’s emergency housing program in motels across the city, citing a lack of resources available to run the program. On social media, officials’ remarks drew criticism from […]
After some disagreement over when the ordinance came into effect, Dewey Beach commissioners voted 3-2 on March 2 to impose a 1.5% lodging tax on hotels, motels and tourist residences from July 1. Commissioner David Jasinski said passing the tax was the right thing to do, but making it effective on April 1 would be […]
Raul FabellaPHOTO BY ECON.UPD.EDU.PH Renowned economist Raul Fabella has proposed debt cancellation for land reform beneficiaries as a high-impact but low-cost economic stimulus the government should include in its coronavirus stimulus package. “A good stimulus for agriculture is for the government to exonerate wrongfully indentured agricultural beneficiaries by rescinding its tiny land reform collection,” Fabella […]
The Holy See renews Pope Francis’ call for debt relief for nations struggling due to the economic effects of the Covid-19 pandemic. By Devin Watkins Bishop Ivan Jurkovič renewed the Holy Father’s call for debt relief at the international level. The Permanent Observer of the Holy See to the United Nations in Geneva addressed the […]
DW: The European Commission and Member States have pledged around €20 billion to fight the COVID-19 pandemic in poor countries in Africa and elsewhere. Considering the amount of money the EU will now spend in Europe, that seems quite small. Do you think that will be enough? Jutta Urpilainen: I think this is a strong […]
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett said “volatility is far from risk.” So it can be obvious that you need to consider debt, when you think about how risky a given stock is, because too much debt can sink a business. […]
Plans to convert an empty Georgian office building in Wolverhampton city center into a guesthouse have been given the green light by town planners. Former Accountants on Bond Street, next to the Cosmo Bonsor pub, are specifically intended for use by short-term residents. Plaintiff Jaswant Singh, of Greytona Ltd, a Wolverhampton-based management and business consultant, […]
Note: This story is over a week old. Given how quickly the Covid-19 pandemic is evolving, we recommend reading our latest coverage here. The Hilltop Hotel is one of seven hotels in central Vermont where homeless people live. Photo courtesy of Underground Workshop Police told lawmakers Wednesday that there was an “unacceptable” amount of criminal […]
Skift take Coming out of the pandemic, some hostels hope to do well by doing good. Sean O’Neill, Skift The pandemic has derailed the travel industry’s efforts this year to reduce plastic waste. But some industry leaders see a sustainability argument as a way to gain market share once demand rebounds. January 22, United Nations […]
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Staying in a hostel on your next trip might be the best decision you’ve ever made. Getty As of this writing, travel may be limited due to the Covid-19 pandemic, so consider this article a way to plan ahead for your future trips. When I was living abroad as a digital nomad and doing the […]
Hostel owners in Singapore say they are on the brink of collapse and the entire industry could be practically wiped out in a matter of months unless solutions are found. If that happens, it would be sad in the long run. Singapore is in particular need of hostels because its expensive image is stickier than […]
(CNN) – Where have all the backpackers gone? With restrictions around the world limiting almost all non-essential travel, accommodation has become a big concern. But hostels, preferred by some travelers because of their attractive prices and built-in social atmosphere, have not received the same attention. In the United States, many hostels are still open, their […]
Many Russian hostels and hotels located in residential buildings are still open for booking despite a controversial ban that went into effect yesterday, according to media reports. Under the new law, it is now illegal to provide hotel services in residential buildings, raising concerns about the future of low-budget travel to Russia. Hoteliers previously warned […]
Leisure Hotels Group, the Dehradun-based hotel company, is diversifying into the hostel and resitel segments as it seeks to unlock the potential of the alternative and long-stay accommodation sectors, while executing a plan to expanding into its core hotel segment, said a senior business executive. Leisure’s hostel – low cost budget accommodation with budget beds […]
Hostels are a phenomenal choice for travelers on a budget. With little money and an adventurous spirit, hostels can be the perfect accommodation for students, gap year participants, or anyone looking to travel as much as possible on a tight budget. Spooky stories and movies aside, there are some truly quirky features that a lot […]
The famous Swiss guest house is perched under a cliff at 1450 meters above sea level. keystone The Swiss mountain guesthouse that rose to sudden global fame after making the cover of National Geographic has new management. An Appenzell company specializing in gastronomy has taken over the Äscher-Wildkirchli hostel three months after the long-term tenants […]
The famous Swiss guesthouse is perched under a cliff at 1450 meters above sea level. keystone The Swiss mountain guesthouse that suddenly gained worldwide fame after making the cover of National Geographic has a new direction. A local Appenzell-based gastronomy company took over the Äscher-Wildkirchli hostel three months after long-term tenants decided to throw in […]