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Coronavirus economic impact

STR and Tourism Economics Downgrade U.S. Hotel Forecast for 2020 and 2021

HENDERSONVILLE, Tenn. — The latest U.S. hotel forecast from STR and Tourism Economics projects a 57.5 percent decline in revenue per available room (RevPAR)...
Travel

Travel Industry Accounts for a Third of All U.S. Jobs Lost

WASHINGTON, D.C. — The travel industry comprises a third of all the jobs lost in the United States and is experiencing an impact from...
Profit decline

STR 2020 Outlook: U.S. Hotel RevPAR to Drop 50.6 Percent

HENDERSONVILLE, Tenn. — Due to the impact from the COVID-19 pandemic, the U.S. hotel industry is projected to report a 50.6 percent decline in...
Airport check in

Update: U.S. to Lose 5.9 Million Travel-Related Jobs Before May

WASHINGTON, D.C. — Revised projections show a worsening impact of the coronavirus on the U.S. economy: a loss of 5.9 million jobs by the...
Coronavirus will cost the U.S. travel sector 4.6 million jobs by the end of April, according to an updated analysis released Wednesday by the U.S. Travel Association.

Report: U.S. Travel Sector to Lose 4.6 Million Jobs by the End of April

WASHINGTON, D.C. — Coronavirus will cost the U.S. travel sector 4.6 million jobs by the end of April, according to an updated analysis released...