The pandemic crisis lingers for city hotels

|
New York's revenue per available hotel room in May 2021 was down 62% from May 2019.
New York's revenue per available hotel room in May 2021 was down 62% from May 2019. Photo Credit: NYC & Company

Despite a robust rebound in domestic leisure travel, the American Hotel & Lodging Association (AHLA) reports that 21 of the top 25 U.S. hotel markets are mired in a depression or recession. 

Unsurprisingly, the majority of the 21 destinations hardest hit by the pandemic are urban markets, which have been disproportionally impacted by a dearth of business and group travel. 

T0712USHOTELMARKET_C [Credit: STR]

Nationwide, urban hotels collectively saw room revenue decline 52% in May 2021 compared to May 2019. 

According to data released by the AHLA, top U.S. markets currently in a depression cycle include San Francisco, where revenue per available room (RevPAR) in May 2021 was down 70% from May 2019. RevPAR was down 67% in Boston, 65% in Washington, D.C., and 62% in New York.

Also in depression mode are Chicago, Seattle and Minneapolis, with all three of those markets recording a RevPAR decline in May 2021 of over 50% compared with May 2019.

Alternatively, hotels in Florida cities are doing very well. Miami's RevPAR in May 2021 was up 31% from May 2019, and Tampa's was up 10%. 

The AHLA's report comes as the trade group puts pressure on Congress to pass the Save Hotel Jobs Act, a bill that promises to provide relief to unemployed hotel workers by way of direct payroll grants and worker-friendly tax credits, among other measures. 

Comments

From Our Partners


From Our Partners

Discover the New Luxury of West Hollywood
Discover the New Luxury of West Hollywood
Watch Now
Xanterra Travel Collection Main
Xanterra Travel Collection
Read More
2021 Antigua and Barbuda: Paradise Awaits
Antigua and Barbuda: Paradise Awaits
Register Now

JDS Travel News JDS Viewpoints JDS Africa/MI