H&LA President, David J. Sangree, is attending the Michigan State University’s School of Hospitality Business Real Estate Advisory Board Council meeting on Friday in Lansing, Michigan. David has been an Advisory Council Member for the past several years.
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What Drove Hotel Values to Decline in 2020?
February 25, 2021
The once-in-a-century pandemic has caused hoteliers to endure a firestorm that decimated the hotel and leisure industries. The growing COVID-19 cases across the U.S., as well as government restrictions on travel that further stress demand, continue to leave the hotel industry significantly behind pre-pandemic levels in terms of revenues, profitability and valuations. Gateway cities such
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