The COVID-19 pandemic has emptied hotels.
Occupancy rates have plummeted. Owners and operators are laying off staff and closing hotels.
Continue Reading Hotels Provide Sanctuary on the Front Lines; Saving Grace in the Time of Crisis
Total Vacancy: Hotels Searching for Answers in Wake of COVID-19
Every business in the United States has been forced to confront the halting effect of COVID-19. No sector of the economy has felt the impact more than the hospitality industry. Hotels saw a drop in occupancy when travel advisories began to trickle in, but subsequent governmental shutdowns and mandatory closures have pushed occupancy rates into a free-fall.
Continue Reading Total Vacancy: Hotels Searching for Answers in Wake of COVID-19