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AH&LA/Oxford Economics Forecast A Very Slow Recov-ery For The Lodging Industry

Written by The Ashton Report

The American Hotel & Lodging Assn. released its annual “State of the Hotel Industry” report and forecast Jan 22. Things are even worse for hotels, of course, as travel—both for business and pleasure, domestically and internationally—has collapsed during the pandemic. The group reports hotel occupancies dropped to just 44% in 2020, after running at 66%…

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