Seemingly overnight, the new coronavirus pandemic has dramatically curbed travel in the U.S. Hotels are feeling the pain as occupancies dropped to historic lows, in some cases down by 80 percent.
The American Hotel and Lodging Association on Monday reported major hotel managers said they’ve laid off or furloughed one million employees.
Long Live Lodging and its Lodging Leaders podcast has put a temporary hold on its once-a-week programming to provide updates throughout the week on specific issues impacting the hotel business.
In this episode of our special report on how COVID-19 is impacting the hotel industry, Lodging Leaders interviewed a hotel owner who is trying to keep his staff onboard. We also talked to consultants who offered advice on how to manage their workforces and make hard decisions during the crisis.
To keep up to date on the impact of COVID-19 on the hotel industry, visit the coronavirus section on our website.
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Resources and Links
Rainer Jenss of Nyack, New York, founded the Family Travel Association seven years ago to help parents and caregivers introduce children to the world through travel, whether that’s a yearlong trip around the world that Jenss and his family took or a weekend getaway to a nearby destination. To help the travel industry gauge what parents want when they take their kids on vacation, FTA conducts an annual study. The U.S. Family Travel Survey 2021 reveals the shift in mindset the COVID-19 pandemic has created in families planning a trip over the next 12 months. Hoteliers use can use the information to generate business and boost their strategies to recover and sustain business now and other the coming months.
Whether they’re new to the concept or they’ve worked in lodging for years, women are an emerging force in hotel development, investment and ownership. Several industry leaders are making significant strides in building programs that encourage and support women interested in becoming hotel owners and investors. This report examines new projects and updates the status of existing efforts by industry leaders to recruit women as owners and help them hurdle barriers such as critical access to capital.