Source: Travel Weekly
By Elizabeth West
January 23, 2019
Marriott CEO Arne Sorenson told Bloomberg Television on Tuesday that the U.S. government shutdown is wreaking havoc on business in the Maryland-based hotelier’s backyard, Washington, D.C.
“It varies from market to market,” he said in an interview at the World Economic Forum in Davos, Switzerland. “Washington, of course, we are big — that’s our hometown. We have 150 hotels in the greater Washington area. Business there is down double digits.”
Marriott isn’t the only hotelier suffering from the shutdown. For the week ending Jan. 12, the D.C.-Maryland-Virginia region registered the third-largest declines in each of the hotel industry’s three key performance metrics, according to STR.