There are 6 article(s) tagged hotel industry:

• August 2022

  • Latest lodging summit suggests leisure travel remains dominant

    Inflation is taking its toll, and business travel is still below pre-pandemic levels, but the tourism sector’s recovery seems to be on track. 

    By Neil Strebig August 26, 2022

• April 2020

  • Nearly vacant hotels fill need in coronavirus battle

    Considering the slowdown in travel and tourism, it's surprising about 8,000 hotel rooms are still occupied each night in the Memphis area. Hoteliers are seeking their niche in the coronavirus pandemic.

    By Wayne Risher April 06, 2020

• March 2020

  • Jobless toll mounts as hotels furlough, eateries close

    Tourism executive estimates 35,000 industry-related workers in Memphis area have been temporarily laid off.

    By Wayne Risher March 24, 2020

• August 2019

  • Memphis-area hotels post strong 2019 so far, but slower growth expected

    The Memphis area hotel industry is making progress in absorbing a glut of new hotel rooms, particularly in the Downtown area, though the additional supply is affecting occupancy.

    By Wayne Risher August 28, 2019

• July 2019

  • Dream Memphis hotel to rise atop Royal Furniture building Downtown

    Developer Tom Intrator's 18Main will partner with New York-based Dream Hotel Group on a Dream Memphis hotel at 122 South Main, site of Royal Furniture's Downtown store and headquarters.

    By Wayne Risher July 31, 2019

• May 2019

  • Higher hotel rates in Memphis in May drive health of lodging industry

    May isn't the strongest month for hotel occupancy in Memphis and Downtown, but it consistently generates the highest room rates, because of the Memphis in May International Festival, officials say.

    By Wayne Risher May 27, 2019