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Courtesy of Palisociety The hospitality industry is ready for a comeback after a difficult year. Chains that are relying on contactless tech, and strong branding could lead the way in the recovery. Hospitality experts say these nine brands stand out for their innovative strategies. After enduring its worst year on record, the hospitality industry is eager to make a comeback. According to STR, 2020 brought the steepest declines in occupancy, average daily rate, and revenue per available room that the industry ever reported. Many hotels are now introducing ways of connecting with travelers, rolling out contactless technology, and reimagining their amenity offerings. ....
As a cost- and time-saving technique, modular construction has long had a great future ahead of it. Arguably, it still does, with off-site manufacturing of essential building components a useful strategy for some projects in a time of projected construction labor shortages and higher material costs. Yet obstacles remain. Even before the coronavirus pandemic, modular construction suffered from lingering and generally outdated recollections of cheap prefab components or the early days of the mobile home industry, according to builders who use the technique effectively. Then the pandemic hit, knocking the construction industry for a loop, and with it modular construction, especially its use for building hotels. ....