Lodging operators from Maine to Maryland, and the community banks that support them, hope that "drive-to" markets stand the best chance of a short-term recovery from the COVID-19 downturn this summer,
Kastle Systems, a managed security services provider to commercial businesses, has released anonymous data from their properties in 10 major U.S. cities to better help understand occupancy patterns in light of COVID-19.
Groups with deep pockets have lined up on both sides of the issue, including organizations that have dished out millions of dollars in political donations over recent years.
The number of terminated contract deals as a percentage of closed transactions has risen from 2.1% in April to 2.9% in May—seven times the average percentage of deals falling through between 2015 and 2019.