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    • Disaster Effects and Responses in the Hospitality Industry (Feiertag Collection)
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    • Feiertag Hospitality Academy-to-Industry Research
    • Disaster Effects and Responses in the Hospitality Industry (Feiertag Collection)
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    2020 Was The Worst Year Ever for U.S. Hotels Here's What's Next

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    2020 Was The Worst Year Ever For U.S. Hotels. Here's What's Next _ NPR.pdf (467.1Kb)
    Downloads: 40
    Date
    2021-01-27
    Author
    Miller, Claire
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    Abstract
    Although industry leaders are hopeful to welcome back domestic travelers this Summer, many understand that business will not return to normal until business travel starts to pick back up again. Historically, business travel accounts for 60 - 68% of the hotel industry's revenue. The American Hotel & Lodging Association and Smith Travel Research anticipates business travel to still be down by 85% in 2023. Industry leaders are holding on to hope of the "roaring twenties" with pent up consumer travel demand exploding once herd immunity and mass vaccinations are reached.
    URI
    http://hdl.handle.net/10919/102148
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    • Disaster Effects and Responses in the Hospitality Industry (Feiertag Collection) [354]

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