5 things to know: 6 October 2020
 
5 things to know: 6 October 2020
06 OCTOBER 2020 9:43 AM

From the desks of the Hotel News Now editorial staff:

  • WHO estimates COVID-19 may have infected 10% of population
  • Highgate acquires Trust Hospitality, adds 22 hotels
  • LIIC members reflect on months under pandemic
  • New York’s Waldorf Astoria auctioning 80,000 items during reno
  • Court upholds ban on detaining migrant kids in hotels

 WHO estimates COVID-19 may have infected 10% of population: The World Health Organization’s head of emergencies said the “best estimate” is that 10% of the world’s population may have been infected by COVID-19, the Associated Press reports. That figure is 20 times the amount of confirmed cases.

That estimate amounts to 760 million people infected out of the estimated total world population of 7.6 billion, the article states. Both the WHO and Johns Hopkins University have confirmed more than 35 million cases globally. The 10% estimate is based on antibody studies conducted around the world.

Highgate acquires Trust Hospitality, adds 22 hotels: Highgate is adding 22 lifestyle hotels and resorts to its management portfolio through its acquisition of Trust Hospitality, according to a news release. The 22 assets are spread across the U.S., Caribbean and Latin America and are a mix of existing and under development properties.

“Over the past few months, we have accelerated the pace of Highgate’s growth through individual hotel additions, portfolios additions, and strategic (mergers and acquisitions),” said Richard Russo, principal at Highgate, in the release. “We will continue to pursue opportunities to collaborate with talented management teams who can benefit from integrating into the Highgate platform, and contribute to our objective of providing best-in-class services, innovated operating capabilities, and a compelling value proposition for our partners and key stakeholders.”

At the end of September, Highgate acquired six portfolios comprising 197 hotels from Colony Capital for $2.8 billion. 

 LIIC members reflect on months under pandemic: During an online meeting, members of the Lodging Industry Investment Council shared their observations on the hotel industry over the past several months, reports HNN’s Bryan Wroten. Despite the challenges hoteliers have faced and continue to face because of the pandemic, they were optimistic for the industry’s future.

Driftwood Capital President and CEO Carlos Rodriguez said he sees many medical and technological developments to control and treat the coronavirus, which will make people more comfortable with travel again.

New York’s Waldorf Astoria auctioning 80,000 items during reno: As the Waldorf Astoria New York moves forward with its renovation, the owner and developer of the hotel is auctioning off 80,000 furnishings from the historic property, CNN reports. The auctions will take place both online as well as in a live, COVID-safe event.

Those interested can bid on the 19th century French furniture from the Windsor Suite, the Cole Porter Suite, the Winston Churchill Suite and the Presidential Suite, the article states. The items also include bespoke chandeliers, a Steinway grand piano and Charles X-style benches.

 Court upholds ban on detaining migrant kids in hotels: The 9th U.S. Circuit Court of Appeals upheld a lower court’s ban on the Trump administration’s practice of detaining migrant children unaccompanied by parents in hotels, the Associated Press reports. Since March, the government has placed 577 unaccompanied children in hotel rooms before deporting them.

The judges were critical of the administration, asking why the children did not have access to legal representation and why the children were not placed in youth shelters that had room for them. The administration has argued it needed to expel the children as part of a broader effort at controlling the spread of the coronavirus.


Compiled by Bryan Wroten.

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