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COVID-19: impact on U.S. hotel industry GDP contribution 2020

The coronavirus (COVID-19) pandemic is causing a decrease in hotel occupancy rates in the United States. As a result, the hotel sector's contribution to GDP could also see a drop. If occupancy rates were to drop by 50 percent in the U.S., this would potentially result in a loss of 500 billion U.S. dollars being contributed by the hotel sector to GDP in 2020.

For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.

Impact on the hotel industry's contribution to GDP in the United States due to the coronavirus (COVID-19) pandemic in 2020

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Sources

Release date

March 2020

Region

United States

Survey time period

as of March 17, 2020

Supplementary notes

Forecast

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