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Lodging Sector Update 
 
With rising COVID-19 case numbers and less leisure travel, the U.S. saw a second consecutive week with fewer air passengers and hotel guests. During October 25-31, room demand fell 1.3 million from the prior week, leading to the country’s lowest occupancy level (44.4%) since the week of June 14-20.
Group business continues to show a glaring lack of improvement in both month-to-month and year-over-year comparisons. Preliminary figures for October showed group RevPAR down almost 87% year over year.
Ahead of the Curve: A Kalibri Labs Series
An in-depth look at the impact of the pandemic and potential shape of recovery in specific markets. Click here to read about the NYC, Houston, Atlanta, Los Angeles, and Chicago markets. New this week: Washington D.C. Coming Soon: Miami.

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School of Hotel Administration, Cornell University
149 Statler Hall
Ithaca, NY 14853
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