U.S. hotels have lost 5 mln jobs since February

Source: Xinhua| 2020-10-05 00:54:21|Editor: huaxia

MGM Grand Hotel & Casino is pictured in Las Vegas, the United States, May 12, 2019. (Xinhua/Han Fang)

Around three-fourths of the American hotels are prepared to lay off more staff members during the pandemic, if no further relief is issued by the government in time.

NEW YORK, Oct. 4 (Xinhua) -- The hotel industry of the United States has seen a loss of 5 million jobs since February, as one of the results of the COVID-19 pandemic which has claimed nearly 210,000 lives in the country, according to the latest statistics.

The hotel room occupancy rate in August in the United States stood at 48.6 percent, down by 31.7 percent over the same period last year, and the rate went further down to 48.5 percent during the second week of September, said STR, a private entity that provides data benchmarking, analytics and marketplace insights for global hospitality sectors.

Meanwhile, according to Associated Luxury Hotels International (ALHI), only 38 percent of people in the United States plan to be on vacation within 2020, in comparison with 70 percent in a regular year.

Around three-fourths of the American hotels are prepared to lay off more staff members during the pandemic, if no further relief is issued by the government in time, said ALHI.

In accordance with the current occupancy rate and revenue level, two-thirds of the U.S. hotels can only sustain an uttermost period of six months in operation without new relief from the government, it added.

STR's census database for year-end 2015 showed roughly 5 million hotel rooms in more than 52,000 properties in the United States.

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