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Small-Market and Affordable Hotels See Gains; Long Road to Recovery Lies Ahead for the Lodging Sector Hospitality’s progress slows amid spreading infection. Ho-tels, along with other businesses, began to see rising foot traffic in late spring as many cities initiated phased reopenings of their lo-...
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Fiscal Stimulus Packages Offer Aid to Beleaguered Hospitality Sector; Public Health Crisis Temporarily Reduces Demand for Hotel Rooms Public health crisis has substantially impacted the hospitality industry; some demand drivers remain present. Since February 15, hotel occupancy has fallen from 63.6...
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Coronavirus Alters Outlook for U.S. Hotel Sector as Investors Cautious, Face Significant Short-Term Headwinds; New Federal Stimulus Package Delivers Lifeline to Severely Impacted Sector Growing heath crisis pauses economic growth. The rapid and unanticipated spread of the new coronavirus (COVID-19...
