Resort-town hotels bounce back in reopening states, providing industry with hope of a return

Hotels bounced back last week at tourist destinations in states like Florida and Texas which have begun reopening — a sign that the industry could rebound once more states relax pandemic restrictions. Texas cities like Galveston and Corpus Christie led the boost in occupancy last week, alongside Florida destinations such as Daytona Beach, Panama City and Fort Walton Beach, according to hospitality data firm STR. Overall, the hotel occupancy rate in the U.S. was 28.6

source https://therealdeal.com/2020/05/06/resort-town-hotels-bounce-back-in-reopening-states-providing-industry-with-hope-of-a-return/