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Eviction Filings
October 14, 2021
Featured

Eviction filings in court were up 8.7% in September from August. But the rate is still low on a historic basis, and, at 36,796 filings, it is roughly half the average September rate pre-pandemic.

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Inflation
October 13, 2021
Economy

U.S. inflation accelerated slightly in September, rising 5.4% from a year before as supplies and labor continued to drive up prices.

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Office Return
October 12, 2021
Featured

The number of workers returning to traditional office space has been edging higher since the week of Labor Day, when an average of 31% of the workforce was back in 10 major cities. The average hit 36% during the week that ended Oct. 8, a new high during the pandemic period.

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Room Demand
October 8, 2021
Featured

Hotel data and analytics firm STR is projecting that about 1 billion U.S. hotel rooms will be booked this year, up from 829 million in 2020, but still below the record year of 2019, when guests booked 1.3 billion rooms.

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Trade Deficit
October 7, 2021
Featured

The U.S. trade deficit widened to a record in August as the trade gap in goods and services expanded to $73.3 billion from $70.3 billion in July. The August deficit was slightly larger than the prior record of $73.2 billion in June as imports rose 1.4% in August to $287 billion, also a record high.

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Home Prices
October 6, 2021
Featured

The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the U.S., rose 19.7% in the year that ended in July, the highest annual rate of price growth since the index began in 1987.

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All-Inclusive
October 5, 2021
Featured

Big hotel companies are adding more all-inclusive resorts, betting that the pandemic will boost a business model that encourages guests to stay in one place. These resorts, where customers pay a flat fee that covers their room, food, drinks and other services, have recovered from the shock of the pandemic faster than other types of hotels.

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Benchmark Pyramid
October 4, 2021
Featured

Third-party hotel management companies Benchmark Global Hospitality and Pyramid Hotel Group announced they are merging to create Benchmark Pyramid.

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Business Travel
October 1, 2021
Economy

A national survey AHLA commissioned this summer found 67% of U.S. business travelers are likely to take fewer trips, and 68% plan shorter trips. The survey of 2,200 adults, a group that included 414 regular business travelers, found that just over half of the business travelers planned to cancel their existing travel plans and not reschedule.

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S&W Relo
September 30, 2021
Featured

Gun maker Smith & Wesson Brands Inc. is moving its corporate headquarters from Massachusetts to Tennessee, joining other firearms manufacturers that have moved from the mid-Atlantic and Northeast to Southern states with less restrictive gun laws. The company will invest more than $125 million to relocate its headquarters.

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