Articles tagged “labor”

Restructuring in itself isn't necessarily the worst thing in the world for a company, although fired employees might not see it that way. This is at least the second recent and high-profile Airbnb investment. The other, with Oyo, doesn't appear to be proceeding according to plan, either.

Diller and Kern are taking an ax, as promised, to Expedia Group's payroll. This could be just the first round, and the thinking might be: Why sell to private equity, have those folks squeeze out the cost savings, and reshape the business when we can do it ourselves?

If the cliché "no pain, no gain" applies to disruptor Oyo, then the chain is clearly in the pain part of that equation. The brand has definitely taken a huge reputational hit that will play out for months. There are certainly positives in Oyo's renewed value proposition to many properties if the chain doesn't trip over itself.

Flush with SoftBank and other venture capital money, GetYourGuide and Klook, as well as Airbnb and Booking.com, are nipping at Tripadvisor's heels in tours and activities. Tripadvisor will try to leverage its brand, Viator, which already had a following before Tripadvisor absorbed it, to keep the insurgents at bay.

With an influx of newcomers seeking careers as travel advisors, host agencies and consortiums are responding with new professional development options. Much of it emphasizes business skills, giving a reality check to those who view a travel career as an easy endeavor with lots of perks.

The U.S. is enjoying a tight labor market. But not every company is thriving. Data exclusively compiled by outplacement firm Challenger, Gray & Christmas reveals the most notable job cutbacks in 2019 by companies in the hotel, attractions, airline, and airport sectors.

Look beyond monthly jobs reports to see a bigger picture. The U.S. leisure and hospitality sector will cut its employment growth by roughly half over the next decade, according to a government forecast. Hoteliers will cope by boosting the productivity of their existing workforce through training.

The hospitality industry in particular has struggled with recruiting and retaining workers over the last few years, as unemployment rates have dropped and tighter restrictions on immigration and work visas have been enforced. But there are a few things companies can do to develop a strong workforce.

At your typical U.S. airline, a minor dispute between a labor union and management is not unusual. But Delta has a lot fewer of these skirmishes than its competitors.

United's change is a sensible move. People should feel more comfortable knowing United's pilots must take their final drink 12 hours prior to reporting for duty, rather than eight. That said, some pilots may still make mistakes.