Why New Hotels are Opening Amid the Pandemic

Abstract

Although 65% of hotels remain at 50% occupancy or lower, the Hotel Industry will continue to open new luxury properties around the world withing the upcoming months. This factor remains a positive attribution to an industry that has arguably seen the worst of the COVID-19 pandemic compared to counter industries. September will be a telling month as properties will gauge the aspects of opening that they should or should not do during this unprecedented time.