AHLA's State of the Industry Report outlines the forecasted state of the hotel industry in 2021 and into the immediate future. The report examines the high-level economics of the hotel industry’s recovery, the specific impact on and eventual return of business travel, and consumer travel sentiments.
REPORTS KEY FINDINGS
- Half of U.S. hotel rooms projected to remain empty
- Leisure and hospitality sector ended 2019 down 4 million jobs
- Hotels to add 200,000 direct jobs, but remain 500,000 below 2019 levels
- Business travel expected down 85% through April
- 56% of consumers expect to travel for leisure
- Nearly half of consumers see vaccine distribution as key to travel
