Memphis hotel industry struggles to get back to pre-pandemic numbers
Memphis hospitality industry professionals said they hope for a more positive 2025.
There are 4 article(s) tagged Memphis hotel industry:
Memphis hospitality industry professionals said they hope for a more positive 2025.
While local hotel occupancy rates and demand for rooms buck the national trend, the real bright spot is across the Mississippi River.
A 2022 report from Memphis Tourism shows that nearly every industry data point increased or saw a significant uptick from pre-pandemic levels, including strong demand for hotel rooms.
Hotel occupancy rates nationally nearly doubled between early April and July 4, but industry is still hunkered down because of business travel shutdown and recent spikes in COVID-19 cases.
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