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

  • 📰 WSJ
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Here’s some investigating journalism 👉🏻

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines