Share:

U.S. Lodging Industry Overview Q1 2020

Elaine Sahlins • 5/8/2020

Hotel lodging Q1 2020 banner (image)

Q1 2020 – Freefall from COVID-19 

As the first quarter of 2020 came to an end, the world found itself in an unexpected place. Inside two months of the first reported case in the United States, COVID-19 had impacted almost every country in the world. The effect on the U.S. Lodging industry was swift, reversing the upward trajectory of the market that had lasted more than 10 years.  

Although hotel performance was already decelerating in 2019—and expectations for 2020 and 2021 were for level-to-modestly declining RevPAR—no one in the industry could have expected the level of disruption. In fact, for much of the country, hotel performance in January and February was positive compared to those same months year-over-year, and only a few markets had shown declines relative to 2019. But March 2020 brought an occupancy decline that was sudden and merciless, and some average rate discounting began.  

Download the report to read more.

Related Insights

hotel construction costs (image)
Research ? Hospitality

U.S. Hotel Construction Costs

With a decline in construction expected in the next few years, some industry representatives anticipate a possible decline in construction costs.
Elaine Sahlins • 6/30/2020
hotel industry (image)
Article ? Valuation

The Current & Future State of the Hotel Industry

The hotel industry is one of many facing uncertainties due to COVID-19. Read highlights about the U.S. hotel industry’s current landscape, opportunities and strategies as we continue to look ahead.
Elaine Sahlins • 4/23/2020
Hotel sensitivity (image)
Article ? Hospitality

The Impact of COVID-19 on Hotel Values

The long-term impact on U.S. hotel performance will vary by market, and the durations of the initial decline and the subsequent recovery remain uncertain.
Elaine Sahlins • 4/15/2020
中文字幕亚洲综合小综合,92午夜福利免视频100集2019,秋秋影视午夜福利高清