Extended Stay America Wants All These Pandemic Profits to Be Part of Its Model After the Crisis

Mike Mozart  / Flickr

Extended Stay America continues to perform well during the pandemic, and the company is already positioning itself for business travelers post-pandemic. Mike Mozart / Flickr

Skift Take: Longer-term stays may buoy Extended Stay America through the pandemic, but the company aims to build up its business traveler base to garner greater profits post-pandemic.

— Cameron Sperance

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U.S. Travel Leaders Expect Relief From Lame Duck Congress and More Once Biden Is In

Mark Skrobola  / Flickr

Travel leaders expect at least a two-part stimulus plan under different presidential administrations to combat coronavirus. Mark Skrobola / Flickr

Skift Take: More coronavirus economic relief is likely for the U.S. travel industry, but the virus needs to get under control before stimulus measures like travel tax credits get a receptive audience in Washington.

— Cameron Sperance

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Dim Outlook for Biz Travel Drove Hotel Owner to Drop Branding on 200 Marriott and IHG Hotels

Sonesta International Hotels Corp.

A slow business travel recovery means less value linking with bigger hotel brand loyalty programs, says the real estate CEO leading a 200-hotel portfolio away from Marriott and IHG. Sonesta International Hotels Corp.

Skift Take: Service Properties Trust has to do what’s best for shareholders, and maybe that includes severing ties with Marriott and IHG. But don’t rule out a business traveler rebound, especially with a vaccine looking more likely in the new year.

— Cameron Sperance

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