Tag: Tourism Economics
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 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...
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...
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...
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...