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Hotel Vacancies

November 08, 2020 | 05:15 pm | By
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Rob Schumacher-USA TODAY Sports
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Hotels in Augusta, Ga., are struggling without fans at the Masters, which begins Thursday. The missed Masters week will cost hotel owners more money than several months of COVID-related slowdowns. 

Masters week — postponed from its usual April date — normally fills up 7,200 hotel rooms and 4,000 rental home listings. At least one hotel, the historic Partridge Inn, is more than 60 days delinquent on its $15 million mortgage.

In a normal year, the golf tournament is estimated to be worth $120 million in economic impact to the city.

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