Research Insights 5 reasons for optimism in the U.S. hotel & lodging market in 1 minute

5 reasons for optimism in the U.S. hotel & lodging market in 1 minute

Published:
February 2021
Analyst:
Phocuswright Research
The U.S. hotel industry was already bracing for a difficult year even before COVID-19. But the pandemic obliterated any semblance of normalcy, as many hotels were shuttered while others limped along with 0-10% occupancy for months. A spike in domestic summer travel lifted occupancy, and some momentum carried through to the end of the year.

In under 1 minute, here are 5 reasons for optimism in the U.S. hotel and lodging market:

This comes from the full report U.S. Hotel & Lodging Market Report 2020-2024, which provides an overview of the U.S. hotel and lodging segment, including market sizing and projections through 2024, analysis, key trends, distribution dynamics and more.

For more on the U.S. travel marketplace, check out the following: