Global Hotel Profit Performance Sticks to Script

HotStats | July 27, 2020

In 1973, English rock band Led Zeppelin was filmed over three days of concerts at Madison Square Garden in New York. The footage was released three years later under the title: “The Song Remains the Same.” The film was promoted as the first time the world had a front row seat to the legendary band. Unfortunately, as the hotel industry continues to labor through COVID-19 and its impact, the emerging trend mirrors the Zeppelin title: “The Story Remains the Same.” A front row seat to a fright show. As the second quarter of 2020 closed, global regions continued to struggle with the effects of the coronavirus, with some areas jum...