You're reading: Business Insider: Here’s what you can expect the next time you stay at a hotel

Business Insider: Here’s what you can expect the next time you stay at a hotel

By Business Insider.

Published May 26, 2020 at 2:51 pm

Police and National Guard soldiers pass by the Kozatsky hotel in central Kyiv on March 30, where Ukrainians evacuated from Indonesia will have to undergo a mandatory observation for signs of the novel coronavirus. Some of the evacuees refused to do it and payed a fine. Others simply escaped.

Photo by Volodymyr Petrov

Hotels and resorts are in a state of crisis.

As of May 20, seven out of 10 hotel rooms in the US were sitting empty and thousands of hotels are completely closed, according to the American Hotel & Lodging Association (AHLA). Hotels have lost more than $25 billion in room revenue since the start of the pandemic, and 70% of hotel employees have been laid off or furloughed, per the AHLA. Empty hotels are desperately selling bonds for future discounted travel.