Kalibri Labs: Demand Stays Depressed in November
NATIONAL REPORT—Kalibri Labs has released updated data from its COVID-19 Industry Health Dashboard, which is designed to provide critical insights to the hotel community as it weathers the storm of COVID-19.
Among the highlights are the following:
- Total U.S. hotel demand across all rate categories continues to stay depressed through November. The spike in the most recent week is the result of a favorable year-over-year comparison for the Thanksgiving holiday week, and not reflective of a larger trend.
- There continues to be some short-term pickup in group demand. However, cancellations continue to build in Q1 and Q2 of 2021.
- Hotel closures are rising incrementally week-over-week in the most recent weeks.