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As Pandemic Spreads, US Hotels See Performance Dip

Group Cancellations Hit All Classes, Locations and Chains, Industry Tracker Says
Hyatt Hotels was among the global chains that warned that the coronavirus pandemic could put a big dent in earnings. (iStock)
Hyatt Hotels was among the global chains that warned that the coronavirus pandemic could put a big dent in earnings. (iStock)
By Jennifer Waters
CoStar News
March 12, 2020 | 5:18 P.M.

The domino effect of the coronavirus pandemic on U.S. hotels is in full force, increasing uncertainty for an industry that’s benefited from a decadelong expansion.

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