Washington DC CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
AHLA: Only 37% of Hotels Have Brought Back at Least Half of Their Employees
A new survey of the Washington D.C.-based American Hotel & Lodging Association’s (AHLA) members found that only 37% of respondents have been able to bring back at least half of their full-time employees due to the ongoing COVID-19 pandemic.
The AHLA conducted the survey of hotel industry owners, operators, and employees from July 23-27, 2020, with more than 1,200 respondents. Findings included that 87% of hotels reported being forced to lay off or furlough staff because of COVID-19 as well as 36% reporting that they have been unable to bring any of their furloughed or laid off workers back to full-time employment. Additionally, of the more than 600 hotel owner respondents, more than half stated that they are in danger of losing their property to foreclosure by commercial real estate lenders due to COVID-19.
“It’s hard to overstate just how devastating the pandemic has been for the hotel industry,” said Chip Rogers, president and CEO of the AHLA. “We are encouraged to see many of AHLA’s industry priorities included in the Senate package released this week. We urge Congress to direct help to the industries and employees that need it the most, and to move swiftly to support them.”
For comments, questions or concerns, please contact David Cohen
