Hilton has closed about 150 of its hotels in China amid the growing coronavirus crisis plaguing the country and the rest of the world — and its impact on the hotel industry may be just beginning. In the U.S. specifically, it could cost the country billions of dollars and millions of hotel room stays.
Hotels in different parts of the world beyond China, the epicenter of the outbreak, are already starting to see dips in occupancy due to the coronavirus, though it will take months before the industry can assess the macro effects.
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