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?