Good Times Returning for Hotels?

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An industry trade magazine has a forecast that both business and leisure bookings will be strong at U.S. hotels this summer. The accompanying article only quotes hotel properties in Florida, California, Nevada and the Midwest, but if it’s true in New England, it could help restore hours and lead to hiring in this state.

The last local insight we had into this question wasn’t promising.  The manager of a Southbury Crowne Plaza that’s almost exclusively dependent on business travelers said then:

“We used to run 64 percent occupancy,” Ehab Mehany said. “We used to be sold out Monday through Thursday. Now the hotel’s only full on Tuesday.”

He said occupancy is 48 percent now. The hotel used to have $8 million in annual revenue, he said, and now it’s $4 million.

“We used to have over 110 employees,” he said. Now it’s about 80.

To read more about the Connecticut hospitality industry, go here.

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