Houston has seen multiple large-scale event cancellations over the past few weeks, reflecting growing concerns about the spread of Covid-19 in the region. The cancellations have meant a substantial loss in room bookings and revenue for Houston hotel operators, who have been largely relying on the return of leisure and event travel to support the near-term recovery of the sector. “In the spring and early summer, we were expecting a robust fall, and it was looking very promising,” Moody National Cos. Chairman and CEO Brett Moody said. “Now, it's really taken a turn. And if something doesn't change, it will be very subpar.” 
The highly contagious delta variant is responsible for Covid-19 cases and hospitalizations surging in Texas over the past two months. As of Aug. 31, there were 13,895 Texans hospitalized, more than double the number of people hospitalized on July 31, according to the  Read the full story here. | 
