by Katie Tsai
April 1, 2021
The hotel industry is seeing a record uptick in occupancy levels this month as more people are traveling amid the nicer weather, according to the CEO of Wyndham Hotels and Resorts.
“These last two weeks … have been the highest two weeks of occupancy in our industry since last March and to see occupancy levels now back to 85% of where they were in 2019, is impressive,” Geoff Ballotti said Thursday on CNBC’s “Closing Bell.”
The hotel chain consists of brands including Ramada, Days Inn, AmericInn, Super 8 and Hawthorn Suites.