Coronavirus Slams U.S. Hotel Industry’s Global Operations

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The hotel industry’s decadelong run of growth and rising revenue is being threatened by the spread of the coronavirus

The biggest hotel brands have already warned about how tough last month was, and how challenged the first quarter is going to be. Marriott International Inc.

said during an earnings call last week that revenue per available room for Greater China, which represents about 9% of the company’s total room count, plunged...

 

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