Articles tagged “labor”

The U.S. travel industry is largely self-absorbed at the moment with millions of people out of work, and businesses struggling to survive. But it will ignore the pivotal moment that is unfolding across U.S. cities at its own peril.

What is the future of labor in travel, particularly as concerns for the safety of frontline workers become paramount?

Though there is evidence of pent-up travel demand as U.S. reopens bit by bit, the monumental job losses for our sector will take a long time to come back to the pre-pandemic level, if ever. This is travel's Great Depression of this century, make no mistake.

At first, John Brown cut costs rather than staff, including foregoing his salary for the rest of 2020. But the Agoda CEO now has to take the last measure, citing a deeper and more prolonged recovery than expected.

Hoteliers are expected to rely heavily on technology to run properties in the coronavirus recovery, but Unite Here expects heightened cleaning standards will usher in a need for more workers. Cost-cutting for near-term survival may delay the opportunities the labor movement desires.

The leisure and hospitality industry was the hardest-hit part of the U.S. economy when it came to job losses, and restaurant and bars were by far the most-severely impacted within the category.

Welcome to a more focused Airbnb, one that is about homes, and not hotels and luxury properties. This may not bode well for a public offering.

It's hard to see how Trivago survives the pandemic without an asset sale or private equity taking it private perhaps.

The job cuts at Kayak and OpenTable represent the first reported layoffs and furloughs at parent company Booking Holdings growing out of the coronavirus crisis other than for 48 contractors at Booking.com whose agreements weren't renewed. Few travel companies will emerge unscathed so it wouldn't be surprising if more cuts were coming at other Booking brands.

Tripadvisor isn't immune from the coronavirus travel lockdown in many parts of the world, and it is taking difficult steps to survive the pandemic.