Coronavirus and Travel

Why Outlier Hyatt Won't Focus on Asia for Future Growth

U.S. hotel companies like Hyatt may not get the best financial deals when they look to expand in Asia, but the growth opportunities are too great to ignore — especially when properties are only more and more expensive to build in the U.S. What's behind Hyatt's decision to go another way?

China Hits Another Pandemic Roadblock in Hotel Recovery

China's drop in hotel performance due to an outbreak in the southern part of the country may only be temporary. But it is a reminder that travel's recovery momentum is erratic — even in a country with tough control measures and strong vaccine distribution.