Horwath HTL Market Report: US Lodging Market Update: Dec 2020
In the December edition of the Lodging Market Overview by Horwath HTL Atlanta, Weekly Room Night Demand brought demand levels back to June 2020 after continued declines starting in October.
Total Traveler Throughput (TTT) provided by the TSA shows a ramp-up in travellers from December 6th through January 1st, which was expected due to the nature of the holidays.
Softened impacts to RevPAR in warmer states like Florida and California shows that some travellers were successfully escaping frigid weather to enjoy the holidays.
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Horwath HTL is the world"s largest hospitality consulting brand with 45 offices across the world providing expert local knowledge. Since 1915 we have been providing impartial, specialist advice to our clients and are recognized as the founders of the Uniform System of Accounts which subsequently has become the industry standard for hospitality accounting. We focus one hundred percent on hotels, tourism and leisure consulting and have successfully completed over 16,000 projects. If you have any questions, please contact James Chappell, Global Business Director at [email protected].