Full Hotel Recovery Unlikely Until 2024

STR, Hendersonville, Tenn., and Tourism Economics, Wayne, Pa., slightly upgraded their final 2020 U.S. hotel forecast, but called full recovery in revenue per available room “unlikely” until 2024.

Signs of Retail Sector Distress Grow

The retail market is starting to see distress as the pandemic enters its ninth month, said Moody’s Analytics REIS, New York.