Jacksonville Record & Observer 4/8/21

Page 1

FREE

The Mathis Report: Glasfloss seeking to expand at Tradeport

April 8-14, 2021

PAGE 10

jaxdailyrecord.com

JACKSONVILLE

Record & Observer February 2020

HOTELS & HOSPITALITY JACKSONVILLE

77.9%

Record & Observer THE

COVID Record & Observer CRASH & THE Record & Observer RALLY

February

67.5%

JACKSONVILLE

Photo by Max Marbut

Visit Jacksonville President and CEO Michael Corrigan and Director of Sales and Services Jeanne Bothwell in the Downtown visitor center at 100 N. Laura St. They are working to boost hotel occupancy in Duval County.

JACKSONVILLE

July

March 2020

54.6%

55.8%

It was 76.2% in 2019.

December

Jacksonville’s hospitality industry is recovering faster and stronger than other markets.

Hotel occupancy in Duval When the COVID-19 pandemic struck in March 2020, hotel occupancy plummeted in Duval County.

43.6%

April 2020

30.2%

By comparison, occupancy was 77.8% in 2019.

What’s Trending: Gun accessories retailer plans new HQ PAGE 2 Silver Airways launching service to New Orleans PAGE 9 The top sales of the week in residential real estate PAGE 11

It was 62.6% in 2019.

INSIDE

BY MAX MARBUT

May

52.5%

ASSOCIATE EDITOR

I

f Jacksonville’s hospitality industry was a person, the coronavirus would have put the patient in intensive care on life support just days after the pandemic began in March 2020. According to data provided by Visit Jacksonville, the convention and visitors bureau for Jacksonville and the Beaches, hotel occupancy dropped from nearly 80% of rooms booked in February 2020 to barely more than 30% in April, the first full month of the pandemic shutdown. When the bottom fell out of demand for hotel rooms, the average daily rate for the 18,717 hotel rooms at 164 properties in Duval County also suffered, declining from $100.94 in February to $65.05 in April.

■ Fred Pozin, owner and manager of the Ramada by Wyndham Jacksonville Hotel and Conference Center, on surviving the pandemic. Page 4 ■ The top 10 biggest hotels in Duval and what’s in the pipeline. Page 5 ■ Move to delivery, takeout boosted Firehouse Subs. Page 6

SEE HOTELS, PAGE 6

THE BASCH REPORT

Fidelity’s Foley a big player in the SPAC boom Plus: Landstar System downgraded. PAGE 3 VOLUME 3, NO. 45 • ONE SECTION


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.