✈ Are High Hotel Rates Here to Stay, United's Recovery Timeline & More Daily News from TPG ✈

Also: An adventure in Ghana [The Points Guy]( WHAT YOU NEED TO KNOW TODAY Jul 22, 2022 SPONSORED BY [TPG] HOW MUCH HIGHER CAN HOTEL PRICES GO? While there's no denying that we're in the dog days of summer right now, it has also become quite clear that we're in the midst of a golden era for U.S. hotel owners. It’s hard to describe just how [extraordinary the comeback]( has been for an industry that languished for months because of record-low demand during the early months of the pandemic. Today, it’s an industry commanding higher-than-high daily rates for guest rooms. U.S. hotel performance last week was 6.4% higher than it was during the same time in 2019, according to hotel data firm STR. Demand continues to [roar ahead]( thanks to leisure travelers, but even group and business travel are [seeing a revival](. The next litmus test for the hotel industry will come in the next few weeks when all the major hotel companies (Marriott International, Hilton Hotels & Resorts, IHG Hotels & Resorts and Hyatt Hotels Corporation) report second-quarter and midyear earnings. Everyone (including yours truly) is going to be looking for any signs of a slowdown when all the hotel CEOs get to talking during their various earnings calls. People are fed up with paying exorbitant rates on hotel rooms that don’t have services to match the cost. Prices soared at the gas pump, so will that affect how well certain hotels performed? What about rising COVID-19 case numbers heading into fall — is the long-awaited return of booming business travel nudged out even further? There’s a lot to think about for the next phase of travel’s recovery, but we're here to cover it every step of the way. For a few of our latest stories about what’s going on in the hotel industry, check out: - [US hotel profits reach highest levels in more than 2 years]( - [The future of the hotel guest experience? More Moxy and less Airbnb]( - [Wyndham rolls out major all-inclusive resort expansion]( That’s all from me today. My current stint at the helm of the newsletter is ending, too, but you can keep tabs on what I'm working on by following me on [Twitter]( or [Instagram](. Until next time, safe travels! Cameron Sperance, Senior Hotels Reporter Posts in this newsletter contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, [visit this page](#). FROM OUR PARTNER SPONSORED BY [TPG] Enjoy enhanced benefits plus a new offer for 125,000 Marriott Bonvoy bonus points — all with no increase to the annual fee. Apply for the Marriott Bonvoy Business® American Express® Card today. Terms apply. [Learn more]( TODAY'S TOP STORIES [United Airlines CEO warns it will take until 2023 for flying to return to normal]( United Airlines is ready for a return to normal, but its CEO says the global aviation system isn’t. [Read more]( [The 2022 Farnborough Airshow: Here's what you missed]( It was a successful end — sort of — to the first major European air show since before the pandemic. [Read more]( [Out and about in Africa: An adventure in Ghana with the guided tour company Elsewhere]( Read all about what TPG staffers saw and did in Ghana when they weren't volunteering with PeaceJam. [Read more]( [The world’s most powerful passports revealed — where does yours rank?]( Want to know what it feels like to hold the most powerful passport on Earth? You’ll have to ask someone from Japan. [Read more]( [This UK airport is asking people to turn up early, but not too early]( Can you get to the airport too early? This airport says yes for an interesting reason. [Read more]( THE LATEST 1 [Mass confusion at Amsterdam Airport after KLM says it won’t accept checked luggage]( 2 [Deal alert: Book Qsuite business class with open award space next spring]( 3 [Deal alert: Book Qsuite business class with open award space next spring]( 4 [Earn up to 125,000 points with new Marriott credit card offers]( 5 [Heathrow’s controversial passenger cap now lasts until October]( 6 [VIP events access is back: Here’s how to unlock it with your credit cards]( 7 [One of Spain’s most popular islands is getting a Kimpton resort later this summer]( 8 [What’s the best way to view the northern lights? We tried to see them by air, land and sea]( 9 [American Airlines: Bad weather, grounded planes have capped profits — despite record revenue]( 10 [Southwest schedule extended: Book now to save on flights through March 8, 2023]( [fb]( [insta]( [yt]( [tw]( [in](#) [mail](#) You are receiving this because you opted in at [thepointsguy.com](. Where to find us: The Points Guy 100 5th Ave., 16th Floor New York, NY 10011 USA0 USA Changed your mind? You can [unsubscribe]( at any time. Advertiser Disclosure: The credit card offers that appear on the website are from credit card companies from which [ThePointsGuy.com]( receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all credit card companies or all available credit card offers. Please view our [advertising policy page](#) for more information. Editorial Note: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. THE POINTS GUY © ALL RIGHTS RESERVED 2022