Shutdown Fallout: When Government Breaks Down, The Hotel Industry Suffers
📈 Federal government reopened on Nov. 13 after a 43-day shutdown, costing the U.S. economy over $1.2 billion in hotel-related activity and $6 billion in travel and hospitality. Oxford Economics noted a 1% demand drop for airlines and hotels. 64% of surveyed hotel operators reported revenue decline. Federal Aviation Administration reduced flight schedules, causing delays. AHLA urged Congress to pass a long-term funding bill before Jan. 30 to prevent future disruptions.
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