Business Travel News
Business Travel News
  • SECTIONS
    • Transportation
    • Lodging
    • Payment & Expense
    • Technology
    • Distribution
    • Meetings
    • Global
    • Management
    • Travel Procurement
    • Voices
    • Recent Issues
  • EXPERT Q&A
    • VIEW ALL INTERVIEWS
  • RESEARCH
    • Corporate Travel 100
    • Corporate Travel Index
    • Expense Manager Report
    • Small & Midsize Enterprise
    • Salary Survey
    • Strategic Meetings Report
    • VIEW ALL
  • WEBINARS
    • View All Webinars
  • EVENTS
    • Webinars
    • Business Travel Intelligence Summit
    • Business Travel Lodging Summit
    • Business Travel Show America
    • Business Travel Show
    • Business Travel Tech Talk
    • Business Travel Trends Forecasts
    • Entertainment Travel Summit
    • Global Travel Risk Summit
    • Innovate
    • Strategic Meetings Summit
    • VIEW ALL EVENTS
  • RESOURCES
    • Business Travel Buyer's Handbook
    • Business Travel Buyer's Techbook
    • Corporate Travel Index Calculator
    • Data Sources: The Reference Guide
    • White Papers & Case Studies
    • Influencers
    • Webinars
    • Videos
    • Hotel Search
  • SECTIONS
    • Transportation
    • Lodging
    • Payment & Expense
    • Technology
    • Distribution
    • Meetings
    • Global
    • Management
    • Travel Procurement
    • Voices
    • Recent Issues
  • EXPERT Q&A
    • VIEW ALL INTERVIEWS
  • RESEARCH
    • Corporate Travel 100
    • Corporate Travel Index
    • Expense Manager Report
    • Small & Midsize Enterprise
    • Salary Survey
    • Strategic Meetings Report
    • VIEW ALL
  • WEBINARS
    • View All Webinars
  • EVENTS
    • Webinars
    • Business Travel Intelligence Summit
    • Business Travel Lodging Summit
    • Business Travel Show America
    • Business Travel Show
    • Business Travel Tech Talk
    • Business Travel Trends Forecasts
    • Entertainment Travel Summit
    • Global Travel Risk Summit
    • Innovate
    • Strategic Meetings Summit
    • VIEW ALL EVENTS
  • RESOURCES
    • Business Travel Buyer's Handbook
    • Business Travel Buyer's Techbook
    • Corporate Travel Index Calculator
    • Data Sources: The Reference Guide
    • White Papers & Case Studies
    • Influencers
    • Webinars
    • Videos
    • Hotel Search
Business Travel News
  • SECTIONS
    • Transportation
    • Lodging
    • Payment & Expense
    • Technology
    • Distribution
    • Meetings
    • Global
    • Management
    • Travel Procurement
    • Voices
    • Recent Issues
    Subscribe to NewslettersBTN DailyBTN GlobalBTN Travel ManagementTravel Procurement
    Subscribe to Print IssuesBusiness Travel NewsTravel Procurement
  • EXPERT Q&A
    • VIEW ALL INTERVIEWS
    Alex ZoghlinNew ATPCO CEO Zoghlin Plans Focus on Simplification
    American Ready to Build Corp. Business Via New PartnershipsAmerican Ready to Build Corp. Business Via New Partnerships
    For IHG, SME Focus Offers an EdgeFor IHG, SME Focus Offers an Edge
  • RESEARCH
    • Corporate Travel 100
    • Corporate Travel Index
    • Expense Manager Report
    • Small & Midsize Enterprise
    • Salary Survey
    • Strategic Meetings Report
    • VIEW ALL
    Annual Supplier Ratings• Car Rental Survey & Report• Hotel Survey & Report• Airline Survey & Report
    Special Reports• State of the Industry Report• Business Travel Stakeholders
  • WEBINARS
    • View All Webinars
    Keeping Your Executives Focused on Travel After the Pandemic

    Tue, Jan 19 at 1 PM ET / 10 AM PT
    Sponsored by: TripActions

    How Travel Works for Remote-First Companies

    Tue, Jan 12 at 1 PM ET / 10 AM PT
    Sponsored by: TripActions

    30 Minutes With … Dale Buckner & Global Guardian: The State of Global Affairs Beyond COVID-19

    Thurs, Dec 17 at 11am ET / 8am PT
    Sponsored By: Global Guardian

  • EVENTS
    • Webinars
    • Business Travel Intelligence Summit
    • Business Travel Lodging Summit
    • Business Travel Show America
    • Business Travel Show
    • Business Travel Tech Talk
    • Business Travel Trends Forecasts
    • Entertainment Travel Summit
    • Global Travel Risk Summit
    • Innovate
    • Strategic Meetings Summit
    • VIEW ALL EVENTS
  • RESOURCES
    • Business Travel Buyer's Handbook
    • Business Travel Buyer's Techbook
    • Corporate Travel Index Calculator
    • Data Sources: The Reference Guide
    • White Papers & Case Studies
    • Influencers
    • Webinars
    • Videos
    • Hotel Search
    BTN CTI Calculator

    Filter in or out as many as 200 cities, as well as hotel and car rental class and meals of the day and watch as the per-diem calculator automatically adjusts per diems to your program. Drill down into cost breakdowns and export the results.

  • Business Travel News Supplier DirectorySUPPLIER DIRECTORY

Lodging

Kalibri Labs: U.S. Hotel Closures Accelerating

By Donna M. Airoldi / December 22, 2020 / Contact Reporter
Share

U.S. midscale, upper-midscale and upscale hotels in recent weeks have seen rising week-over-week closure rates, according to Kalibri Labs, reversing the overall closure trend from the summer and the third quarter. 

As of Dec. 11, 1,753 U.S. hotels were closed, representing all segments, according to Kalibri Labs' latest weekly Industry Health Dashboard report. That is the highest number of closed properties since 2,070 were closed the week of June 26. The number of closures declined each week in October and early November, then began picking up Nov. 13.

The report also shows that total U.S. hotel demand across all segments continued to trend negative through the middle of December. Year-over-year trends have decreased to their lowest rates since late in the second quarter. 

Group demand also continues to suffer, with cancellation rates growing for the first two quarters of 2021. The group room and food and beverage revenue cancellation rate for January for the weeks from Nov. 13 to Dec. 11 ranged from 78 percent to 81 percent, with rates of 63 percent to 69 percent for February, 48 percent to 54 percent for March, 20 percent to 28 percent for April, and 20 percent to 26 percent for May. 

More Lodging
Related
AHLA Sees Slow Return of Business Travel After Q2, Full Recovery in 2024

Business and group travel are expected to begin a slow return in the second half of 2021, after the...

Lifestyle Brands Highlight Accor Opening Plans Through 2023

Despite a challenging 2020, Accor plans to open several new hotels in 2021 across all segments, with...

STR: 2020 Worst Year on Record for U.S. Hotels

The U.S. hotel industry reported record lows in occupancy and revenue per available room for the full...

More Lodging

AHLA Sees Slow Return of Business Travel After Q2, Full Recovery in 2024
Lifestyle Brands Highlight Accor Opening Plans Through 2023
STR: 2020 Worst Year on Record for U.S. Hotels
Marriott Plans to Open Nearly 100 Properties in Asia-Pacific in 2021

VIEW ALL
Subscribe to Our

Free Newsletters

pixel2

Click Here for our Terms and Conditions and Privacy Policy.

  • Most Read
  • Most Shared
  1. Brexit Business Travel Restrictions Start to Bite
  2. Amex GBT Lands Ovation Travel Group
  3. U.S. CDC to Require Covid-19 Tests for All Inbound International Flights
  4. Marriott Exec to Lead United Airlines Sales Team
  5. Hyatt Serves Notice to Terminate Management of 22 Hyatt Place Hotels
  1. Who Bought Whom in 2020
  2. Brexit Business Travel Restrictions Start to Bite
  3. Amex GBT Lands Ovation Travel Group
  4. Delta Cites Corporate Customer Sentiment for Recovery Optimism
  5. U.S. CDC to Require Covid-19 Tests for All Inbound International Flights
Business Travel News Business Travel News
  • About Us
  • Contact Us
  • Advertise
BUSINESS TRAVEL NEWS
NORTHSTAR TRAVEL GROUP
Business Travel News
  • About Us
  • Contact Us
  • Advertise
  • Upload Print Ad Material
  • Purchase Reprints
  • Editorial Guidelines
  • Subscribe to BTN
  • Subscribe to Travel Procurement
  • Subscribe to Newsletters
  • BTN Europe
  • Privacy Policy
  • Terms & Conditions
Business Travel News
Business Travel News Travel Procurement The Beat
Northstar Travel Group
  • Retail Travel
  • Travel Weekly
  • Travel Weekly Asia
  • Travel Weekly China
  • TravelAge West
  • TravelPulse
  • TravelPulse Canada
  • TravelPulse Quebec

  • Hotel Investment
  • Burba Hotel Network

  • Travel Technology
  • Inntopia
  • Phocuswire
  • Phocuswright
  • Web In Travel
  • Meetings & Incentives
  • Northstar Meetings Group
  • Meetings & Conventions
  • Meetings & Conventions China
  • Meetings & Conventions Asia
  • Meeting News
  • Successful Meetings
  • Incentive
  • SportsTravel

  • Data Products
  • Agent Studio
  • AXUS Travel App
  • Intelliguide
  • travel42
Northstar Travel Group
Copyright ©2021 Northstar Travel Media, LLC. All rights reserved.    100 Lighting Way Secaucus, NJ 07094-3626 USA | Telephone: (201) 902-2000
RRManagement rrtestprocurement