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The New Coffee Room

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Vacancy

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  • George KG Offline
    George KG Offline
    George K
    wrote on last edited by
    #1

    https://www.cnn.com/2020/04/08/us/hotel-rooms-industry-coronavirus-trnd/index.html

    Only 21.6% of hotel rooms in the United States were occupied between March 29 and April 4, according to new data from hospitality analytics company STR. That is a 68% decrease when compared to the same week last year.

    Those numbers could continue to drop, according to STR. The percentage from last week is slightly down from the week before.

    Oahu Island, Hawaii is one of the most impacted by the lack of hotel guests. Only 7% of hotel rooms are occupied, the lowest rate for any market in the country. That figure is down more than 90% from the same week last year.

    Hotel industry says it will struggle to get by even with government help
    Across the board, economy hotels and lodging in suburban areas tended to have more people staying than other hotels, according to STR.

    The findings are consistent with the larger trend within the hospitality industry, as coronavirus has forced hotels to take drastic steps to survive.

    Marriott, for example, has furloughed thousands of workers because of the high rate of cancellations. The Intercontinental Hotels Group, which owns the Holiday Inn and Crowne Plaza hotel brands, said that demand for rooms is the lowest it has ever seen.

    "Now look here, you Baltic gas passer... " - Mik, 6/14/08

    The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

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