Originally Posted by RobOnLI

I'm currently staying at a Marriott property in downtown DC. I started in mid March right as the pandemic hit. The following week mine was the only room occupied for several nights. For weeks they ran sub 10% while most Marriott properties in DC shut down. DC is a business-driven town and while they hit Phase 2 weeks ago, % of occupancy has not increased all that much. They do get up to the 20-25% range, usually on weekends from leisure travelers.

But here's the kicker...I would say 90% of the check ins, even on weekends, are Marriott employee rates. So while they are happy to show their owners they are filling beds, their ADR is abysmal.

I believe some of the shut Marriott properties in town are trying to open in late July or August but I just can't see why they would.

Let's not forget...business travel is literally in the toilet. Outside of destination hotels like national parks or the beach, most hotels are not seeing great occupancy. And that will all dry up and go away once mid August and early September hit IMO. Whether children are going to school in-person or remotely, the family road trips will basically die out.

Airlines have already started warning that future bookings have decreased again. You can blame that on the virus resurgence, states requiring quarantine or just on the fact that when summer ends and people generally stop traveling there's no business travel to fill the void.

-RM