PwC: Virus Spike Expected to Prolong U.S. Lodging Recovery

Citing the recent spike in Covid-19 cases, PricewaterhouseCoopers now anticipates a slower recovery than previously forecast for the U.S. lodging industry, according to the company's November Hospitality Directions U.S. report. Final projections for 2020 were stronger than its May report for two of the three key performance indicators, while 2021 KPIs were significantly lower.