Report: 70 Percent of Hotel Employees Have Been Laid Off or Furloughed

WASHINGTON, D.C. — As COVID-19 continues to devastate the hotel industry, the American Hotel & Lodging Association (AHLA) released a new report highlighting that 70 percent of hotel employees have been laid off or furloughed, according to Oxford Economics and Hotel Effectiveness, and eight in 10 hotel rooms across the nation remain empty, according to STR. Tourism Economics recently reported that COVID-19’s impact on the travel industry is nine times worse than 9/11. CBRE is … Continue reading Report: 70 Percent of Hotel Employees Have Been Laid Off or Furloughed