(CNN) — Since 1924, the Roosevelt Hotel has been a witness to history. But now, The Roosevelt Hotel will no longer bear witness to motion pictures or moments in history. The Roosevelt Hotel, owned by Pakistan International Airlines, cited the coronavirus pandemic and the ensuing drop in business as the principal reasons it will cease operations. "Due to the current, unprecedented environment and the continued uncertain impact from COVID-19, the owners of The Roosevelt Hotel have made the difficult decision to close the hotel and the associates were notified this week," the statement read. The coronavirus has devastated the hospitality industry, forcing many hotels around the country to take drastic steps to survive.

Source: CNN October 12, 2020 00:11 UTC