2020 Was Officially the Hotel Industry's Worst Year on Record

Fallout from Covid-19 has been nine times worse than 9/11, according to trade group AHLA

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Between countries closing their borders to keep out the pandemic and many people being reluctant to take the risk of getting on a plane for business or pleasure, 2020 was a catastrophe for the entire travel industry. A new report from the American Hotel and Lodging Association (AHLA) has thrown Covid-19’s impact into even more stark relief: 2020 was the hotel industry’s worst year on record. 

Hotels in the U.S. shed a whopping 670,000 jobs in 2020, while the broader hospitality sector lost almost 4 million jobs, the AHLA found.

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