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June 2020's Converge Newsletter
Hospitality & COVID-19: How Long Until ‘No Vacancy’ for US Hotels?
June 10, 2020 via McKinsey & Company
COVID-19 has affected every sector across the globe, and the hotel industry is among the hardest hit. Our research suggests that recovery to pre-COVID-19 levels could take until 2023—or later. Investors are providing similar views of hotel companies’ prospects, as seen in the underperformance of US lodging real estate investment trusts (REITs). Like so many industries, hospitality will also see both subtle and substantial shifts in the post-pandemic era. Some are already apparent today.

In this article, we will examine a set of recovery scenarios for US hotels, including differing return and recovery timelines for hotels ranging from luxury to economy segment. On the consumer side, we will look at what guests say will make them feel safe when traveling, including contactless check-ins and check-outs, and an added emphasis on hygiene. And we will review the factors affecting the initial return of travel in the domestic business and leisure segments.'s ConvergeBlog
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Reopening Closed Buildings: Legionella and Other Health Risks

June 11, 2020 via ConvergeBlog
Building owners and operators need to be aware of health risks, and corresponding legal liability risks, that can result from building closures, specifically Legionella (the cause of Legionnaires’ disease) and mold.
Eckert Seamans
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COVID-19 Exposure Control & Response Plan: What Is It and Why Does Every Employer Need One?

June 9, 2020 via ConvergeBlog

Many states and localities are setting as a precondition for reopening, a requirement that they develop and implement a written, site-specific COVID-19 Exposure Control and Response Plan... Without an Exposure Control Plan in place, the legal vulnerabilities will be real and are potentially significant.
Conn Maciel Carey
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7 Steps to Navigating the COVID-19 Era
June 10, 2020 via Hotel Management

At this stage in COVID-19 response efforts, it’s all about focusing on short-term and long-term creative solutions. Let these proven recommendations help guide you as you navigate COVID-19’s financial implications.
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