ABC News
U.S. hotel demand likely won’t see a full recovery until 2023, according to a new forecast from travel data company STR and consultant Tourism Economics. The two firms said Thursday they expect average hotel occupancy of 40% this year, slowly climbing to 52% in 2021. That’s down from a healthy 66% in 2019. U.S. hotels have been busier this summer in beach locations like Norfolk, Virginia, where occupancy stood at 67% last week, STR said. Big cities and Hawaii have been slower to recover. Hotel occupancy in Oahu, Hawaii, stood at 20% last week, STR said.