Countless unemployed workers in the travel industry have been relying on the extra weekly $600 from the government. Now that the payments are effectively over, many travel workers will face even greater hardship to just get by.
IHG could become the first major victim of a coronavirus-related financial drag on hotels in North America, but its default may be a strategic play on a financial structure unusual for such a global brand.
SpiceJet has championed reforms of airport processes that have already changed how all air travelers in India fly on all airlines. In a move reported here first, the budget carrier will begin to sell some of the tech it has developed to other airlines.
Hotel companies want technology to streamline operations and reduce labor costs, but labor union pushback and cash-strapped hoteliers will continue to delay widespread tech adoption within the industry.
Given a pandemic that has travelers favoring more open spaces, luxury tented accommodations stand to be a popular business line for the Hoxton team if they decide to go from pop-up to permanent.