Tomorrow is Another Stay: Impacts of COVID-19 on the Hotel Industry Part Three

By Jena Thornton COVID-19 continues to have a dramatic and wide-sweeping impact on the global hospitality industry. We will continue to report the Smith Travel Research (STR) findings weekly. Vital Statistics In comparison with the week of 24-30 March 2019, the industry recorded the following: Occupancy: -67.5% to 22.6%Average daily rate (ADR): -39.4% to US$79.92Revenue per […]