Economic Outlook for the Hotel & Lodging Sectors
COVID-19 has had a profound impact on the hotel and lodging industry. Join Matt Carrier, Vice President of Innovation Policy & Research at the American Hotel & Lodging Association (AHLA), as he shares the economic outlook and impact on the hotel industry, how they anticipate the recovery will happen, which markets are expected to rebound faster and where growth is anticipated. Use this insight to better serve your customers in this sector—and to anticipate opportunities that the changes may create.
Speaker: Matt Carrier, Vice President, Innovation Policy & Research, American Hotel & Lodging Association (AHLA)
Price: $10.00 (member); $15.00 (non-member)
Hear Hotel & Lodging Sector Recording
Clip from the Webinar:
AHLA Stay Safe Initiative: AHLA is preparing its members with prinntable signs and decals as a part of the hotel and lodging industry's enhanced safety and cleanliness guidelines. Safety signage opportunities are projected to continue in the interm.
AHLA Industry Economic Impact: This AHLA press release outlines projections for the hotel and lodging industry with experts esimating it will be at least 2022 before hotels return to their 2019 occupancy and revenue levels.
Limited Travel Expected to Continue: AHLA anticipates little to no travel business for the rest of the year, with drive in travel locations, especially near the beach, expected to rebound first.