It's Official: 2020 Was Hotels' Worst Year Ever

Maurie Backman, The Motley Fool
·3-min read

Over the past year, many leisure trips were put on hold in the wake of safety concerns and quarantine mandates, while business travel came to a virtual standstill. In fact, new data from STR highlights just how brutal a hit the hotel industry took in 2020. The question is: Will hotels recover in 2021?