u.s. economy

Pandemic Puts N.Y.C. Hotels on the Brink: ‘A Complete Washout’

Many of New York City’s biggest hotels closed their doors in March when the coronavirus wiped out tourism and business travel. The shutdowns were supposed to be temporary, but six months later, with no potential influx of visitors in sight, a wave of permanent closures has begun. CLICK ON THE HEADLINE FOR MORE

Pandemic Puts N.Y.C. Hotels on the Brink: ‘A Complete Washout’ Read More »

Prediction: Demand For Hotels, Retail Will Not Return To Pre-Covid Levels \’For Awhile\’

Compared to World War III, as well as a Category 5 hurricane, the pandemic has been pummeling the economy since March. And the prediction for the future? It’s not going to look like 2019. Not for a while. CLICK ON THE HEADLINE FOR MORE

Prediction: Demand For Hotels, Retail Will Not Return To Pre-Covid Levels \’For Awhile\’ Read More »