2020 Sets Record for Worst Performance by US Hotels
TR Number
Date
2021-01-20
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Hotel News Now
Abstract
The data analytics company STR states that 2020 was the worst year in the 30-year period that they have been analyzing performance data. Some locations like the island of Oahu saw a 53.7% drop in occupancy. The number of rooms in the pipeline has also been in decline since April 2020.
Description
Keywords
Covid-19, High-end hotels, Industry bounce, Group travel third quarter 2021