COVID Briefs: State of the industry | Confidence in business travel grows

AH&LA forecasts state of the industry The American Hotel & Lodging Association (AHLA) today released “AHLA’s State of the Hotel Industry 2021,” a report outlining the forecasted state of the hotel industry in 2021 and into the immediate future. The report examines the high-level economics of the hotel industry’s recovery, the specific impact on and eventual return of business travel, and consumer travel sentiments. Business travel, which comprises the largest source of hotel revenue, remains nearly nonexistent, but it is expected to begin a slow return in the second half of 2021. Leisure travel is expected to return first, with consumers…
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