DC-area hotels projected to lose $2.3B in business travel revenue in 2021
The D.C.-based American Hotel & Lodging Association estimates hotels in the D.C. metro area will lose $2.36 million in business travel revenue for all of 2021, down 86.5% from 2019 levels.
The D.C.-based American Hotel & Lodging Association estimates hotels in the region will lose $2.36 billion in business travel revenue for all of 2021, down 86.5% from 2019 levels, and an even bigger loss of business travel revenue seen in 2020.
Hotels in the District alone will likely lose more