By Teddy Stavetski Just like most of us, 2020 was a year that hotel stocks took a hit. But the hotel industry is excited to move forward. While the COVID-19 pandemic was difficult for most industries, the American Hotel & Lodging Association (AHLA) described it as “devastating” for the hotel industry. It also stated that the impact from the pandemic was nine times worse than the impact from 9/11.
Even though the worst of the pandemic seems to be over, the AHLA still doesn’t expect travel to return to 2019 levels until at least 2024. In fact, due to the increased popularity of remote …read more
