Leisure travel fuels a hard-fought recovery in Madison hotel industry | Business News

The hotel and hospitality industries are still suffering from the COVID-19 pandemic, but leisure travelers are fueling a recovery that’s generating higher-than-projected room taxes to support Madison’s city budget and fund tourism-related activities.

The city saw $18.9 million in room taxes in 2019, but as the pandemic took hold the amount plummeted to $5.9 million in 2020, forcing the city’s Room Tax Commission to slash funding for Destination Madison, Monona Terrace, Overture Center and other entities, as well as the general fund.

But it’s getting better.

In June, the city projected room tax

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New England has some of the best hotels and destinations in the world, according to Travel + Leisure readers


Have you been to any of these spots? Travel + Leisure readers think they’re the best of the best.

Pickering House Inn in New Hampshire. Approved by Rebecca Widness

Travel + Leisure readers are definitely fans of New England. 

On Wednesday, Travel + Leisure announced its World’s Best Awards of 2021, and readers selected a number of New England spots. The publication surveyed readers between Jan. 11 and May 10 on a variety of travel experiences, and readers placed many New England stays and destinations among the top in the United States and the world.

An inn in New

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Wichita Arts & Entertainment

In Highlandtown, the Arts and Entertainment District is a device for constructing social capital, in different phrases, a device to build positive connections between neighbors. Work-related Fatalities, Injuries, and IllnessesThis part presents information for the industry on the number of office fatalities and the rates of office injuries and illnesses per 100 full-time staff in arts, leisure, and recreation. An injury or sickness is taken into account to be work-related if an event or exposure within the work surroundings either brought on or contributed to the ensuing situation or considerably aggravated a pre-existing situation. There was a massive turnout for … Read More

Wyndham Locations Acquires Travel + Leisure Brand From Meredith Corporation In Strategic Alliance; Wyndham Locations To Be Renamed Travel + Leisure Co

The aim of the combined company will be to grow its membership travel-club companies, supply new travel providers and increase licensing agreements. This fund targets the broad transportation sector and tracks the S&P Transportation Select Industry Index. It holds forty one shares in its basket with 33% of the portfolio dominated by trucking and airlines. Air freight and logistics take 25.8% and 22.8% share, respectively. With AUM of $734.1 million, the fund expenses 35 bps in fees per 12 months from buyers and trades in a great quantity of around ninety one,000 shares a day. Businesses oriented towards staycations and … Read More