International Travel Restrictions are Coal Up NYC Hotels' Stocking

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New York City is usually a circus come December as tourists fill high-priced hotels there to gawk at the Bergdorf Goodman windows, chuckle at The Book of Mormon, and gorge themselves at the Nuts for Nuts street-vendor carts.

But the greatest show on earth took a hiatus last year, and the hotel industry was desperate to see if 2021 would return occupancy rates to pre-pandemic levels. But as the holiday season arrives this week, it looks like the big top isn't coming to town.

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Source Fool.com