3. Hotels
The United States hotel industry employs over 1.6 million Americans, making it actually the 9th largest sector in the country when referring to the total number of workers. However, as people have stayed home, demand for hotels has declined rapidly.
In the first week of March, there was an 11.6% decline in revenue per room available in U.S. hotels compared to the same week of 2019, according to hotel research firm STR. In response, some hotels in New York City, Seattle, Knoxville and Tennessee have begun to lay off many of their workers. Also, hotel workers in popular tourist destinations have been told to brace for job losses.
The hotel chain Marriott actually announced plans to lay off tens of thousands of workers. Industry groups urged Congress to pass a supplemental aid package to help hotels through the coronavirus outbreak.
