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The Drake Hotel

Winter could still throw a COVID-19 curveball as we move indoors, but there are some positive signs in the tourism and travel industry.  Executives at IHG Hotels & Resorts say they’re encouraged by the business environment and the third quarter performance of their hotels, especially in the U.S. The website Hotel News Now quotes Paul Edgecliffe-Johnson, chief financial officer and head of group strategy, as saying occupancy and average daily rate in some markets this summer were back to 2019 levels. According to the latest Longwoods International tracking study of American travellers, the drop in new cases, hospitalizations and deaths Read more

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