There are 4 article(s) tagged hotel and lodging industry:
Analysts say local hotels should do better financially in 2021 than they did last year. But how long it will take for the hospitality industry to fully recover from COVID-19 losses is a matter for debate.
Ralph Lauren model Tyson Beckford is friends with the Memphis-born architect for the proposed $180 million high-rise in the Pinch District. The Beckford Hotel would reflect Beckford’s image, described as: “Where sophistication meets chic.”
The Peabody has formally laid off 57 workers who had previously been off the job on furloughs, as COVID-19 continued to ravage the hospitality and tourism sector.
Some experts expect fewer hotels to be built in Memphis over next couple years because of tight credit market for projects with no clear path for recovery from COVID-19.
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