Report Says Boston Hotel Market in ‘Depression’ Cycle
Boston hotels are suffering from the second-worst financial performance in the nation as the urban hospitality market continues to feel the lingering effects of COVID-19 travel downturns.
Hotels “On the Brink of Collapse,” Industry Group Warns
More than six months into the COVID-19 pandemic, the American hotel industry “remains on the brink of collapse” with thousands of hotels at risk of closing permanently, the American Hotel and Lodging Association warned in a Monday report.
