Bye-bye hotel buffet, said Aimbridge Hospitality CEO Dave Johnson.
Ingesting 3,000 calories in under an hour - while spreading germs by touching various serving spoons and plates — at the hotel breakfast buffet may be a thing of the past in life after the COVID-19 pandemic, numerous industry insiders have told Yahoo Finance.
Aimbridge manages more than 1,400 hotels for well known chains such as Hilton and Marriott. Johnson expects hotel gyms to reopen as states allow. Pools will still be good to go, Johnson says, but seating will be spaced out to promote social distancing. Cleaning protocols will also be taken to the next level — something Yahoo Finance recently heard from Hilton CEO Christopher Nassetta.
Hotel occupancy for the week of May 3-9 crashed 55.9% year-over-year to a mere 30.1%, according to new data from industry research firm STR. Revenue per available room plunged 74.4% to $22.95. Aggregate data for the top 25 markets for hotels showed larger year-on-year declines than the national averages for occupancy, average daily room rates and RevPAR.
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