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Outlook for US Hotels This Year Worsens, Led by Luxury Properties

Industry Analysts Expect Buyer Interest in Still-Closed US Hotel Properties
Leisure travel is expected to drive the initial recovery in hotels. (Getty Images)
Leisure travel is expected to drive the initial recovery in hotels. (Getty Images)
CoStar News
May 18, 2020 | 11:04 P.M.

The U.S. hotel industry is expected to take a bigger step backward this year than previously forecast because of the coronavirus pandemic’s disruption to travel, a development that could make some hotels that are still closed available to buyers at a discount.

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News | Outlook for US Hotels This Year Worsens, Led by Luxury Properties