08/18/2020

Checking in on the Hotel Industry

The pandemic isn’t destroying all demand for hotel rooms

Summer is synonymous with travel and vacation for so many families and individuals. But the bounty of sectors involved in the travel industry have, like so many others, been slashed by the pandemic’s continued takeover, and the hotel industry is no different.

Today we’re taking an in-depth look into the hotel industry. How is it surviving? Are hotels still being built? What does the future look like for demand?

Business or Pleasure?
The pandemic isn’t destroying all demand for hotel rooms– just changing the ways that people are traveling. In the hotel industry there are two main types of demand– business and pleasure, and both have been impacted by recent events.

Please select this link to read the complete article from Manning & Napier.