More than 60 percent of all American hotels have been sold in the past year, with many being empty, according to a report by hotel research firm IBISWorld.

The reason?

A combination of high occupancy rates and a host onerous supply chain.

For hotels that have been empty for years, they’re now a ghost of their former selves.

“In the last year, we’ve had a lot of the hotels that we have been counting on to close go out of business,” said Greg LeRoy, an economist with IBISworld.

The business is still profitable, but the demand for rooms is so low that they’re no longer attracting people.

Hotel occupancy rates in the US have dropped from more than 70 percent in the first half of 2016 to less than 60.6 percent in January, according, IBISGlobal’s latest data.

The share of rooms sold in hotels has also dropped, from more nearly 70 percent to less.

“We’ve had the most severe economic downturn in the United States in the last 20 years, but we’ve also had some of the largest expansions in the country,” LeRoy said.

LeRoy says the US has the highest hotel occupancy rates among developed countries, and many of those are in the West, particularly in the Midwest.

Many of the rooms are occupied by single men and women, he said.

But the demand from the young and tech-savvy is still there.

“Young people and women are coming in with the same mindset as the previous generations.

They’ve grown up with technology and a lot more disposable income,” Leroy said.

And that’s creating a demand for empty hotels.

“It’s not surprising that a lot will go out,” he said, pointing to the trend toward smaller and more affordable hotels in urban areas.

“I think the economy is still recovering.

The economy’s doing well.

We’re in a recovery.”

LeRoy believes the shortage of hotels is a major problem for tourism, but that it’s also a problem for the US and the world.

For the last few years, tourism in the U.S. has been falling.

It was down 17 percent from 2015.

And in 2017, tourism fell even more, dropping to the lowest level in a decade.

“There’s a real problem with the economy,” Le Roy said.

“But there’s a lot to be concerned about, and it’s not just for tourists.”

There are more than 600 million people living in hotels worldwide.

And for many, the cost of living is out of control.

“The cost of renting a room in the hotel is the same as the cost for a room at Walmart,” said LeRoy.

The American Society of Civil Engineers estimated in 2015 that hotel occupancy costs in the nation’s hotel industry amounted to $8.5 trillion in 2017.

The average occupancy rate in 2016 was 74.9 percent.

The US has some of America’s highest occupancy rates.

The hotel industry’s reliance on the cheap labor force of cheap foreign guest workers has helped drive up hotel prices.

The government estimates that the average rent for an American hotel room is $1,958 per month, with the average monthly rate at $1.19.

The United Nations estimates that over 60 percent to 70 percent of Americans spend more on their stay in hotels than they spend on food and other necessities.

The trend isn’t stopping.

Le Roy predicts the cost will increase even further as the economy recovers, with Americans spending more on lodging and other goods, and less on necessities like housing and health care.

“As you add to the cost, the economy continues to weaken,” he warned.

The report also shows that the number of Americans using public transportation to get around is also on the rise.

In 2015, the number jumped from just over 8 million to more than 12 million.

The number of trips by car to get to work dropped from 2.3 million in 2015 to just under 2 million last year.

Leroy predicts the number will continue to grow.

“People are moving around more, and as more people do that, the demand on public transportation will continue,” he predicted.

Le, the owner of a large hotel in Seattle, is also worried about a lack of affordable options in the city.

“Seattle is a very affordable city, but I think people are not being encouraged to get out and explore the city,” he told CNNMoney.

“They’re afraid that they’ll be fined and fined again.”

The number for the cost per day of a hotel room rose from $3,500 in 2016 to $4,200 last year and $4.50 per day in 2017 according to IBIS, a company that tracks hotel occupancy.

Le says that, with no affordable options, he’s trying to find a cheaper way to live.

“If you live on a tight budget, you can save money in a hotel,” he explained.

Le is trying to stay in the same area, and the only way he can do that is