Layoffs start as Seattle hotel occupancy rates tumble as much as 60 percent
Business is bad and expected to get worse for Puget Sound hospitality businesses with hotels emptying out due to the spread of the novel coronavirus.
Some downtown Seattle hotels are reporting a 40 to 60 percent decline in occupancy, according to the Downtown Seattle Association. The Washington Hospitality Association (WHA) reports it's worse for one chain with occupancy rates down to between just 4 and 10 percent.
Layoffs already have begun and likely will grow now that gatherings of 250 people or more have been banned in the metro Puget Sound region.
"It's been a real tough one with all of the cancellations across the board," said Michelle Barnet, president of Pineapple Hospitality Co., which owns and operates the Maxwell and three other Seattle hotels.
https://www.bizjournals.com/seattle/news/2020/03/11/layoffs-start-as-seattle-hotel-occupancy-declines.html?ana=e_ae_set1&j=90499494&t=Afternoon&mkt_tok=eyJpIjoiTVdJNE5EVmxaRFl3WW1JMCIsInQiOiJhcUFhRFZJTzlNeWhRUTFCQjgyejlxKzNSb2FJVkN1bDJZbTB1dWQzM1VWSjhjZTk0S2tGK0s4WVJQNHFEUVJHeGo4TGZHZ0pYdlJOa3BmN01McXh0VFVwV1p3a0VQOU1KK2FQWlJoSFlwZFFKV3ViM1wvN0dIUkRzcUxTRDJ5aDAifQ%3D%3D
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