Hotel Industry: 7/19-7/25
Atlanta hotel occupancy was down 33.3% compared to 2019 this week. Delta’s CEO, Ed Bastian, said business travel may lag for 12 to 18 months during Delta’s most recent earnings call. For hotels classified as conference centers, upper-upscale, and luxury hotels this will prove to be a huge blow to occupancy, and with these segments experiencing a slow recovery, the hotels must find creative ways to book rooms.
Follow Us!