Houston: The Coronavirus Boom and Oil Bust
Facing its greatest disruption ever, Houston’s hotel sector could take years to recover from its coronavirus-induced slump. With Houston clocking in at the fourth-largest city in the country, the hotel market has gone from a fast expansion to crash as it is faced with a dual disaster. In addition to the global pandemic, the area is still picking up the pieces from last year’s oil price collapse, and this has left the city at a loss with no clear back to normal in sight.
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