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As summer draws to a close, the U.S. recorded its second consecutive week-over-week decreases in TSA passenger output and hotel demand. Occupancy for open hotels, which had hit 50% for the first time since mid-March, has backpedaled to just over 48%. More of the same is expected with Labor Day fast approaching and more schools back in session.
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STR’s sample showed an April peak of 3.5 million rooms temporarily closed due to COVID-19. Since May, there has been a strong correlation between reopenings and rising occupancy levels, with roughly 50% of the world’s open rooms filled in late August.
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For week ending August 30:
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Data last updated August 31:
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