• Skip to primary navigation
  • Skip to main content

NCRLA COVID-19 Resources

By the North Carolina Restaurant and Lodging Association

  • Current Guidelines
  • Relief Options
    • Relief Opportunities
    • Advocacy
    • Hospitality Workers Relief Fund
  • Business Resources
    • Business Resources
    • Employer & Employee Support
  • Economic Impact
  • NC Hospitality Job Board
  • NCRLA

Search NCRLA COVID-19 Resources

Economic Impact on NC Restaurants & Hotels

The NC hospitality industry has been uniquely devastated during the pandemic. This section includes data and information relative to the impact of the pandemic on taxable sales, hotel occupancy, and monthly employment data.

Based on Current Employment Statistics (CES) from NC Department of Commerce, here are the latest comparisons based on Food Services & Drinking Places and Accommodations sector data.

IndustryApril 2022April 2019Compared to April 2019
Food Services & Drinking Places385,600394,400(8,800)
Accommodations41,70045,800(4,100)
  
Industry Subtotal427,300440,200(12,900)
All Industries4,927,2704,863,33463,936
All Other Industries4,499,9704,423,13476,836

Based on NC Department of Revenue Monthly Sales and Use Tax Statistics, here are the latest comparisons based on data for Restaurants, Taverns, and Hotels.

IndustryFeb. 2022 ($)Feb. 2019 ($)Year over Year Comparison to Feb. 2019 ($)Year over Year Comparison to Feb. 2019 (%)Cumulative Change Since March 2020 ($)
Restaurants1,543,343,7241,642,431,57272,920,4005%(1,635,558,538)
Taverns67,336,94585,087,5705,915,29310%(113,826,645)
Hotels367,315,175308,711,43865,358,26422%(640,971,643)
    
Industry Subtotal1,977,995,8442,036,230,580144,193,9578%(2,390,356,826)
All Industries15,075,607,34914,439,294,7523,606,170,32731%51,032,774,135
All Other Industries13,097,611,50512,403,064,1723,461,976,37036%53,423,130,961

Based on Smith Travel Research data, here are the latest comparisons:

Data TypeApril 2022April 2019Compared to April 2019
Occupancy Rate (%)67.5%70.5%-3.0%
ADR ($)$122.63$108.2513.3%
RevPAR ($)$82.79$76.328%

VisitNC Economic Impact Studies
5/10/22 · Source: VisitNC
5/10/22
NC Hospitality Businesses That Received PPP Loans
10/08/21 · Source: FedPay & NCRLA
10/08/21
NC Restaurant Revitalization Fund Recipients List
10/07/21 · Source: Small Business Administration
10/07/21
NC STR Report – April 2022
5/17/22 · Source: Smith Travel Research
5/17/22
NC Cumulative STR Data – April 2022
5/17/22 · Source: NCRLA
5/17/22
NC Employment Statistics – April 2022 (Food Services & Accommodations)
5/20/22 · Source: NC Department of Commerce
5/20/22
NC Monthly Taxable Sales – February 2022
4/19/22 · Source: NC Department of Revenue
4/19/22
Questions or concerns? Contact us at nroberts@ncrla.org.

Copyright © 2022 NCRLA · All Rights Reserved · Website by Tomatillo Design