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Hotels are projected to pay a record amount of wages and generate a record level of tax revenue in 2024, according to the American Hotel & Lodging Association’s 2024 State of the Hotel Industry report.
Article - AHLA State of the Industry Report - U.S. Hotels Will Pay Historic Wages, Generate Record Level of Tax Revenue in 2024 - Despite labor shortages and persistent inflation, industry recovery continues
Several users were amused by the viral clip, with one writing that a room like this would be so convenient.
The hotel industry in 2023 is projected to surpass pre-pandemic levels of demand, nominal room revenue and state and local tax revenue.