U.S. lodge house owners are bracing for an additional quarter of sluggish enterprise journey, hoping that this 12 months’s surge in leisure journey can carry over into the autumn and vacation season.
Overall, the energy of leisure journey appears to be like unlikely to offset the falloff in company enterprise and group journey this 12 months. Hotel knowledge and analytics agency STR is projecting that about 1 billion U.S. lodge rooms will likely be booked this 12 months, up from 829 million in 2020, however nonetheless under the document 12 months of 2019, when friends booked 1.3 billion rooms.
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