{"id":34791,"date":"2020-05-07T17:52:48","date_gmt":"2020-05-07T21:52:48","guid":{"rendered":"https:\/\/www.saratoga.com\/saratogabusinessjournal\/?p=34791"},"modified":"2020-05-08T11:10:05","modified_gmt":"2020-05-08T15:10:05","slug":"national-hotel-association-says-some-70-percent-of-staffs-laid-off-or-furloughed","status":"publish","type":"post","link":"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2020\/05\/national-hotel-association-says-some-70-percent-of-staffs-laid-off-or-furloughed\/","title":{"rendered":"National Hotel Association Says Some 70 Percent Of Staffs Laid Off Or Furloughed"},"content":{"rendered":"
\"\"
This chart provided by the American Hotel & Lodging Association shows the sharp decline in occupancy rates. It has led to massive layoffs in the industry. Many hotels have temporarily closed.
Courtesy AHLA<\/figcaption><\/figure>\n

The American Hotel & Lodging Association released data today showing that 70 percent of hotel employees have been laid off or furloughed as eight in 10 hotel rooms across the nation remain empty.
\nAs the crisis, the impact to the travel industry is nine times worse than the 9\/11 tragedy, with forecasted occupancy rates for 2020 hitting record lows worse than rates in 1933 during the Great Depression, the AHLA said.
\n\u201cWith the impact to the travel industry nine times worse than September 11, the human toll of this public health crisis has been absolutely devastating for the hotel industry. For the hotel industry our priority is rehiring and retaining our hardworking employees who power our vibrant industry,\u201d said Chip Rogers, president and CEO of AHLA. \u201cHotels were one of the first industries affected by the pandemic and will be one of the last to recover.
\n\u201cThe CARES Act was an important first step with a lot of supportive measures for the hotel industry, but we need Congress to make important changes to the program to reflect the current economic reality and help the employees in the industries that have been impacted the most.\u201d
\nDue to the dramatic downturn in travel, properties that remain open are operating with minimal staffing, said the AHLA. On average, full-service hotels are using 14 employees, down from 50 before the crisis. Resort hotels, which often operate seasonally based on the area\u2019s peak tourism months, averaged about 90 employees per location as of March 13, but are down to an average of five employees per resort.
\nThe key findings of the report include:
\n\u2022 Impact to travel industry nine times worse than 9\/11. (Tourism Economics)
\n\u2022 50 percent revenue decline (projected) for entirety of 2020 (Oxford Economics)
\n\u2022 Eight in 10 hotel rooms are empty. (STR)
\n\u2022 2020 is projected to be the worst year on record for hotel occupancy. (CBRE)
\n\u2022 Forecasted occupancy rate for 2020 worse than 1933 during the Great Depression. (CBRE)
\n\u2022 70 percent of hotel employees laid off or furloughed. (Oxford Economics and Hotel Effectiveness)
\n\u2022 $2.4 billion in weekly lost wages due to the crisis (Oxford Economics and Hotel Effectiveness)
\n\u2022 Nearly 3.9 million total hotel-supported jobs lost since the crisis began (Oxford Economics)
\nAs travel halted in late February, the hotel industry took immediate action to work with the White House and Congress to help hotel industry employees and small business operators, which represent 61 percent of hotel properties in the U.S.
\n\u201cThe hotel industry is at a critical juncture. We need more resources to survive this unprecedented time,\u201d said Rogers. \u201cAdditional funding is vital for small business owners across America, including tens of thousands of small business hoteliers, to help them keep their doors open and rehire and retain millions of employees.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

The American Hotel & Lodging Association released data today showing that 70 percent of hotel employees have been laid off or furloughed as eight in 10 hotel rooms across the nation remain empty. As the crisis, the impact to the travel industry is nine times worse than the 9\/11 tragedy, with forecasted occupancy rates for […]<\/p>\n","protected":false},"author":196,"featured_media":34792,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-34791","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"\r\nNational Hotel Association Says Some 70 Percent Of Staffs Laid Off Or Furloughed - Saratoga Business Journal<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2020\/05\/national-hotel-association-says-some-70-percent-of-staffs-laid-off-or-furloughed\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"National Hotel Association Says Some 70 Percent Of Staffs Laid Off Or Furloughed - Saratoga Business Journal\" \/>\r\n<meta property=\"og:description\" content=\"The American Hotel & Lodging Association released data today showing that 70 percent of hotel employees have been laid off or furloughed as eight in 10 hotel rooms across the nation remain empty. 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