While Washington D.C. has a thriving tourism market, the hotel industry’s share of the local job market has been trending downward for almost 20 years. In 1990, 1.9 percent of the region’s workers were employed at a hotel. Today, it’s only about 1.6 percent. According to industry experts, this hiring slowdown has been caused by a shift in the hotel industry towards limited-service hotels, as well as a push towards automated services facilitated by online booking and hotel apps. Regardless of slow hiring growth, the hotel market in D.C. is performing well. According to STR, hotels in the region took in $4.4 billion in 2016, a 6.6 percent increase over the previous year. To read more, click here.
