'It's going to get much worse': The hotel industry may not recover until 2023

  • By cvbizz
  • November 9, 2020
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via wyff.com

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Even if a coronavirus vaccine is released at the end of this year or next year, the battered lodging industry will take several years to recover.S&P Global Ratings said in a new report that a “solid recovery isn’t likely” until 2023 — and that’s based on a widely available vaccine becoming available in the second half of 2021. COVID-19 has suppressed demand for travel this

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