Where Are Hotels Hurting The Most?

Deidre Woollard, The Motley Fool
·4-min read

It's been a very challenging year for the hotel industry as a whole. While hotels have seen vacancy rates and RevPAR bounce back from March, numbers are still far below pre-pandemic numbers. The average daily rate was $90.58, a drop of 28.6%, and RevPAR was off 52% from last year.