A Billion Unsold Room Nights And “It’s Going To Get Worse” As America’s Hotel Occupancy Rate Re-Plunges
By Tyler Durden A solid recovery in the hotel industry is years away as travel and tourism will likely remain suppressed well into 2021 as cities across the US have reinstated some form of coronavirus restrictions to mitigate the spread. As COVID-19 infections, hospitalizations, and deaths soar, along with a new mutation of the virus…