(The Center Square) – Coronavirus-related losses of jobs supported by the hotel industry in California numbered 414,069 out of a total of 1,014,600 hotel-supported jobs, according to a hotel industry estimate.
The analysis published by the American Hotel & Lodging Association found that out of a total of 285,122 jobs generated directly from hotel operations in the state, 125,454 jobs were projected to be cut by the coming weeks due to the Covid-19 crisis. The study is based on Oxford Economics research carried out in mid-March.
Nationwide, 44 percent of hotel workers were projected to lose their jobs in the coming weeks due to the pandemic, which has led to a dramatic drop in hotel occupancy. And U.S. hotels have lost $2.4 billion in room revenue since mid-February, according to the analysis.
“The impact to our industry is already more severe than anything we’ve seen before, including Sept. 11th and the great recession of 2008 combined,” association President and CEO Chip Rogers said in a statement.