Tag: Tourism Economics
U.S. Lost 5.6 Million Travel-Supported Jobs in 2020
WASHINGTON, D.C. — Travel's economic footprint in the United States shrank 42 percent last year, from $2.6 trillion to $1.5 trillion, according to new...
STR, Tourism Economics Slightly Downgrade U.S. Hotel Forecast
HENDERSONVILLE, Tennessee — Worsened pandemic metrics and assumptions of limited early-year travel led STR and Tourism Economics to slightly downgrade their latest U.S. hotel...
Analysis: Leisure and Hospitality Unemployment Rate Nearly Double the National Average
WASHINGTON, D.C.—According to the latest unemployment figures prepared for the U.S. Travel Association by Tourism Economics, the leisure and hospitality industry has an unemployment...
STR and Tourism Economics Slightly Upgrade 2020 U.S. Hotel Forecast
HENDERSONVILLE, Tennessee—With leisure demand stronger than anticipated in the fall, STR and Tourism Economics slightly upgraded the final 2020 U.S. hotel forecast just released...
Revised Forecast: U.S. Hotel Room Revenue Unlikely to Recover Until 2024
HENDERSONVILLE, Tenn. — Full recovery in U.S. hotel demand and room revenue remains unlikely until 2023 and 2024, respectively, according to the slightly downgraded...
