COVID-19: impact on U.S. hotel industry GDP contribution 2020
The coronavirus (COVID-19) pandemic is causing a decrease in hotel occupancy rates in the United States. As a result, the hotel sector's contribution to GDP could also see a drop. If occupancy rates were to drop by 50 percent in the U.S., this would potentially result in a loss of 500 billion U.S. dollars being contributed by the hotel sector to GDP in 2020.
For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.
For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.
